WPS Analytics WoE Transform Editor: a universal modelling gem

The magic of Weight of Evidence (WoE) transformation. This blog is not a fairy tale, it provides the reality of a robust technique that outperforms many commonly explored techniques. Users are prepared to spend huge amounts of time playing with a handful of techniques but very few can outperform WoE.

Insurance: Part 3: Claims Management

High operational cost, fraudulent claims, lengthy claims process with constantly increasing customer demands, and customer dissatisfaction are just few of many challenges of the complex claims management process. The third and final part of our blog series talks about how predictive analytics can make this process more efficient and profitable.

Insurance: Part 1 – Predictive Analytics in Insurance

Why insurance is one of the most challenging business sectors. What are the main issues? How predictive analytics can support the three most important insurance concepts: pricing, claims and fraud detection. Find out in our 3-part blog series about insurance.