Come check out opportunities and challenges associated with using predictive analytics for LTC. You'll learn how carriers are using predictive analytics to support a range of business functions, including:
- Pricing - accelerate underwriting without jeopardizing the risk profile for your new products
- Experience studies - enhance your understanding of block performance and capture more granular experience trends in your assumptions with less subjectivity
- In-force management - facilitate insight-driven interactions that improve policyholder satisfaction and optimize operational costs
Expect panelists to discuss the infrastructure required to deploy predictive analytics and the ways in which predictive analytics can help drive key outcomes, including, improved market competitiveness, enhanced understanding, improved efficiency, and better policyholder outcomes. They will also talk about key hurdles to adoption, and considerations for overcoming these hurdles.
TRACK: Long Term Care;Predictive Modeling