Improvements in predictive analytics help with early identification of workers comp reinsurance claims

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By Philip S. Borba, Lori E. Julga | 16 July 2018

Developments over the past few years in predictive analytics are providing opportunities to improve the early identification of claims with a high likelihood of piercing workers compensation reinsurance layers. Today, the advances with machine learning software and text mining algorithms are necessary tools for the early identification of claims most likely to become excess loss claims.

This article was published in Carrier Management.

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