Valen Technologies, a data and predictive analytics provider for P&C insurance companies, has partnered with Farm Bureau Financial Services. Farm Bureau will use InsureRight in its underwriting practices for workers’ compensation services in an effort to make loss ratio improvements and enhance risk-based pricing.
Valen says InsureRight was created for workers’ compensation carriers to leverage advanced decision-making capabilities. With InsureRight, underwriters at Farm Bureau can access predictive analytics data to better analyze risk and achieve better results.
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