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Valen Data Consortium

A Broader View

Valen Analytics is the commercial lines market leader for proprietary data specifically designed to build analytics. Our data consortium totals $67B in premium across all standard P/C lines, and includes detailed, recent policy and claims data.  Providing a broader and deeper view of the market significantly enhances the predictive power of models.
  • Proprietary variables to propel model lift.
  • Anonymized datasets to provide insurers with robust sample sizes for model building.
  • Unparalleled analysis of cost/benefit of data sources, variable selection to drive superior ROI. See Valen’s annual ROI study results.

Best-in-Class Data Governance and Model Monitoring Capabilities

  • Anonymized – Your data is completely protected.
  • Cleansed – Your data has never looked so good.
  • Detailed – Policy, claims and underwriting inputs are standardized and normalized in a robust data warehouse.
  • Recent – We receive daily feeds of policy data.
  • Reportable – State of the art visual analytics allow you to analyze the impact of data-driven decisions on your performance.

Data Considerations for Predictive Modeling

Sample Size

Building robust predictive models takes gigantic amounts of data at a granular level. We recommend a database with 10,000 claims to be a sufficient sample size, which can be a combination of internal and external data.

Selection Bias

Risk appetites and growth/retention strategies skew the data. How will you round out the data to address biases?

Blind Spots

If growing into new markets is a priority, third-party data can fill in the gaps.

Valen’s Predictive Modeling Capabilities

Valen is a widely recognized leader in predictive modeling, and our cloud-based platform allows us to deploy solutions very quickly with minimal IT resources required. Within an Applied Analytics framework, every solution is:

  • Custom Built
    Every Valen client has a custom model built for their business needs. No two models are the same.
  • Robust & Verified
    Our data assets, data management and predictive modeling practices are world-class. Your predictive model will perform as promised. Results show Valen clients consistently outperform the market, with lower loss ratios and faster growth.
  • Integrated
    We have all the systems integration resources necessary to plug into your workflow in real-time for a seamless implementation.
  • Intuitive
    Our analytics are plainly explained and straightforward.
  • Fast
    Our average model build and deployment takes only 2-4 months.