American Agricultural Insurance Co. (AAIC), a reinsurance company, has partnered with EagleEye Analytics to license its predictive analytics software platform, Talon. EagleEye is a provider of predictive analytics solutions to the P&C insurance industry.
EagleEye says the solution suite will provide the tools necessary to leverage predictive analytics to increase profitability, target new and existing markets with pricing, and enhance the performance of agent channels. AAIC chose Talon because it offers flexibility, combined with predictive analytics technology.
EagleEye adds that AAIC's customers will have the option of using the software to build their own models, or to use EagleEye's software in combination with support from AAIC's professional staff. Those customers also will have access to EagleEye's Real-Time Scoring Service, as well as management tools and dashboards to monitor predictive analytics outputs and results.
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