2015 CELENT MODEL INSURER AWARDED TO FARM BUREAU FINANCIAL SERVICES

   

THE POWER OF A PREDICTIVE MODEL

Measurable Results in Record Time

In 2012, Farm Bureau had some challenges that needed attention...FAST. So, they implemented Valen Analytics' InsureRight Platform to drive underwriting profitability in workers' compensation.

 

The Results?

  • Combined ratio dropped from 193.8% in 2012 to 93.4% in 2014
  • Loss ratio reduced by 66% from 2012 to 2014
  • Premium grew by 22.4% in 2013 and 10.1% in 2014

 

Find out how they did it now.