Traditional anti-fraud technology tools are giving way to advanced analytics as insurance fraud rises, insurers say in a study of insurtech trends. The biennial study was conducted by the Coalition Against Insurance Fraud, assisted by the analytics firm SAS across 84 insurer participants. Fraud has risen over the last three years, about two-thirds of insurers […]
Interview: Ramon Suarez, Audatex, Solera Company
In our video interview, Suarez, regional managing director for Audatex, explains how the recently announced AudaTarget predictive analytics system benefits, insurers, collision repair facilities and ultimately consumers. As the pace of change in vehicle technology accelerates, insurers and repairers have responded by updating their operations in response. Part of that response, requires facing the fact […]
Audatex Announces Predictive Analytics Solution to Help Insurers Choose the Optimal Collision Repair Shop
Audatex, a Solera Holdings, Inc. company announced the launch of AudaTarget, its next-generation, online decision-support platform that integrates and analyzes two years’ worth of vehicle and repair data to help insurers determine if a vehicle involved in an accident is repairable or not, and if so, which shop is the best choice to make the […]
Guidewire Acquires EagleEye Analytics
Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property/Casualty insurers, announced that it has agreed to acquire EagleEye Analytics, a provider of predictive analytics products specifically designed for Property/Casualty insurers. The transaction is expected to close shortly. With this acquisition, Guidewire will enable its customers to apply predictive analytics to make better […]