The Power of Predictive Models in Workers Compensation Claims Handling. Sponsored by:
|
|
|
- Alban Washington
- 10 years ago
- Views:
Transcription
1 The Power of Predictive Models in Workers Compensation Claims Handling Sponsored by:
2 The Power of Predictive Models in Workers Compensation Claims Handling Visit at the end of this webinar to download: Copy of these slides Recording of today s webinar Copy of the associated white paper
3 Many Thanks to our Sponsor! ACE is one of the world s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE 4D is ACE s proprietary approach that encompasses four dimensions of predictive analytics to reduce costs and drive better claims outcomes for insureds. Organized in 1953, ESIS, Inc. (ESIS) is a risk management services company and part of ACE, providing customized risk management products and services. ESIS Advanced Analytics in Action is a consultative and customized data analytics and predictive modeling platform. Powered by 4D and focused on our clients specific goals, ESIS helps customers achieve better claim outcomes and continuous program improvement.
4 About Advisen Advisen delivers: the right information into the right hands at the right time
5 Your Ultimate Guide to Mastering Workers Comp Costs Learn more about Mastering Workers Comp costs at Special Offer for a limited time: Receive $100 off through the end of this week!
6 Today s Moderator Rebecca Bole EVP, Editor-in-Chief Advisen
7 Today s Panelists Director of Claims Administration Vice President, Claims Data Analytics Senior Vice President, Claims
8 What is predictive modeling? Rebecca Bole Advisen
9 How do you build predictive models? What data is available? How easy is it to capture? Rebecca Bole Advisen
10 What is the current state of claims administration in workers comp? Rebecca Bole Advisen
11 Where do models fit into the current claims process? Rebecca Bole Advisen
12 Where s the value in a model for the employer? Rebecca Bole Advisen
13 What are the practical steps you need to take to implement a model into a TPA or employer? Rebecca Bole Advisen
14 How do you get people to trust the tool, use it and act on the information the model gives you? Rebecca Bole Advisen
15 As an employer, what do you do with the information once you receive it? Rebecca Bole Advisen
16 Can you give any quantifiable indication of success? Rebecca Bole Advisen
17 Thank You to our Panelists! Director of Claims Administration Vice President, Claims Data Analytics Senior Vice President, Claims
18 The Power of Predictive Models in Workers Compensation Claims Handling Visit to download: Copy of these slides Recording of today s webinar Copy of the associated white paper
19 Contact Us Advisen Ltd Broadway 8 th Floor New York, NY Phone [email protected]
20 Leading the way to smarter and more efficient risk and insurance communities. Advisen delivers: the right information into the right hands at the right time to power performance. About Advisen Ltd. Advisen is leading the way to smarter and more efficient risk and insurance communities. Through its information, analytics, ACORD messaging gateway, news, research, and events, Advisen reaches more than 150,000 commercial insurance and risk professionals at 8,000 organizations worldwide. The company was founded in 2000 and is headquartered in New York City, with offices in the US and the UK. +1 (212)
Hospital Property Risk Management and Insurance in a Changing World
Hospital Property Risk Management and Insurance in a Changing World 1 About Advisen: Advisen Ltd. is a privately-owned, independent and unbiased provider of news, data and risk analytics to the commercial
THE ADVISEN CLAIMS SATISFACTION SURVEY FM GLOBAL RESULTS REPORT
THE ADVISEN CLAIMS SATISFACTION SURVEY FM GLOBAL RESULTS REPORT June 2015 This report, sponsored by FM Global, is an excerpt of a research report produced independently by Advisen. FM Global Results Report
Traumatic Brain Injury Liability: What Education Institutions Need to Know. Sponsored By:
Traumatic Brain Injury Liability: What Education Institutions Need to Know Sponsored By: 1 About Advisen Advisen generates, integrates, analyses and communicates unbiased, real-time insights for the global
ACE Renewable Energy
ACE Renewable Energy Powering Insurance Solutions ACE Renewable Energy A Leading Provider of Insurance for Renewable Energy Production ACE USA specializes in Renewable Energy insurance solutions for diverse
Zurich Captive Services. Help take care of your people and business together
Zurich Captive Services Help take care of your people and business together Zurich Captive Services Release the true value of your captive Captives have long helped large multinational companies to finance
fleet safety: understanding new regulations By Jack Scarborough
fleet safety: understanding new regulations By Jack Scarborough fleet safety: understanding new regulations By Jack Scarborough April 2013 Fleet safety has often been a source of serious concern within
INNOVATION. Gaining a Competitive Advantage in Workers Compensation. May, 2011. Sponsored by:
INNOVATION vs.inertia AND REGULATION Gaining a Competitive Advantage in Workers Compensation May, 2011 Sponsored by: INNOVATION vs. INERTIA AND REGULATION Gaining a Competitive Advantage in Workers Compensation
Security for the Internet of Things
Security for the Internet of Things Moderated by: Robin Duke-Woolley Founder & CEO Beecham Research Sponsored by: Syed Zaeem Hosain Chief Technology Officer Aeris 16 December 2016 Security for the Internet
INSURANCE. Adding lasting to success. That s the intelligent enterprise
INSURANCE Adding lasting to success. That s the intelligent enterprise Economic turmoil doesn t have to mean financial setback. Forward-looking insurance companies continue to grow, despite the current
The RMS CCRA Training Program. Certified Catastrophe Risk Analyst Training
The RMS CCRA Training Program Certified Catastrophe Risk Analyst Training The RMS CCRA Training Program The RMS Certified Catastrophe Risk Analyst (CCRA ) Training Program is a comprehensive curriculum
Transforming (Re) Insurance Operations Webinar
Transforming (Re) Insurance Operations Webinar Introducing the Panel James Willison (Moderator) Managing Director, Web Connectivity Limited Simon Squires CPO Regional Manager, XL Mark Hart Senior Project
2015 LETTER FROM DAVE TWEEDY
2015 LETTER FROM DAVE TWEEDY I want to thank both Bickmore, my employer, and Advisen, my editor and publisher for their continued support in the production of RMIS Review, 2015 Version. I also want to
Driving Down Claim Costs With PREDICTIVE MODELING. December 2011. Sponsored by:
Driving Down Claim Costs With PREDICTIVE MODELING December 2011 Sponsored by: Driving Down Claim Costs With PREDICTIVE MODELING Executive Summary Tools based on predictive modeling are transforming claims
property owners Property insurance and rental protection
property owners Property insurance and rental protection 1 Between 1990 and 2006 Ireland s property sector grew faster than that of any other developed economy. A period of intense growth in the Irish
CYBER LIABILITY INSURANCE MARKET TRENDS: SURVEY. October 2014. Sponsored by:
CYBER LIABILITY INSURANCE MARKET TRENDS: SURVEY October 2014 CYBER LIABILITY INSURANCE MARKET TRENDS: SURVEY Global reinsurer PartnerRe collaborated with Advisen to conduct a comprehensive market survey
Leveraging Big Data & Deep Analytics to Improve Care
Leveraging Big Data & Deep Analytics to Improve Care A Complimentary Webinar From healthsystemcio.com Sponsored by SAS Your Line Will Be Silent Until Our Event Begins at 1:00 ET Thank You! Housekeeping
The Language of Insurance ACORD Standards
The Lanuae of Insurance ACORD Standards Denise Garth Vice President ACORD May 2005 ACORD 2003. Standards. Industry Value "Open standards are important to help create interoperable and affordable solutions
ACE LIFE AND BANK CTBC LAUNCH FOUR BANCASSURANCE PRODUCTS
1 Press Statement FOR IMMEDIATE RELEASE Media Contact: Priska Rosalina +62 21 2356 8888 [email protected] ACE LIFE AND BANK CTBC LAUNCH FOUR BANCASSURANCE PRODUCTS Jakarta, June 19, 2014 PT
BUILDING AN EFFECTIVE STRATEGY FOR MANAGING CONSTRUCTION RISK
BUILDING AN EFFECTIVE STRATEGY FOR MANAGING CONSTRUCTION RISK A COMPREHENSIVE RISK MANAGEMENT STRATEGY PROVIDES REAL RETURNS David Landrum Kevin Crossan Allen Abrahamsen BUILDING AN EFFECTIVE STRATEGY
Global Life North America, Corporate Life & Pensions Overview
Global Life North America, Corporate Life & Pensions Overview Today, a growing number of employers require cost-effective and comprehensive benefit solutions to satisfy the diverse needs of their workforce
2014 NETWORK SECURITY & CYBER RISK MANAGEMENT: A SURVEY OF ENTERPRISE-WIDE CYBER RISK MANAGEMENT PRACTICES IN THE ASIA-PACIFIC REGION
2014 NETWORK SECURITY & CYBER RISK MANAGEMENT: A SURVEY OF ENTERPRISE-WIDE CYBER RISK MANAGEMENT PRACTICES IN THE ASIA-PACIFIC REGION April 2014 Sponsored by: 2014 Network Security & Cyber Risk Management:
Chubb North America Major Accounts
Chubb North America Major Accounts Contents Chubb North America Major Accounts 03 Core Coverages and Services 04 Specialty Coverages 07 Industry Practices 08 Claims 08 Technology 09 Service 09 Middle Market
Retail Banking Solutions. Customised to Help Your Investment Decisions
Retail Banking Solutions Customised to Help Your Investment Decisions More success for investment advisors Retail banks have to meet increasingly high standards when it comes to providing customer advice.
AMERISAFE INC FORM 8-K. (Current report filing) Filed 04/29/15 for the Period Ending 04/29/15
AMERISAFE INC FORM 8-K (Current report filing) Filed 04/29/15 for the Period Ending 04/29/15 Address 2301 HIGHWAY 190 WEST DERIDDER, LA 70634 Telephone 337-463-9052 CIK 0001018979 Symbol AMSF SIC Code
ActBinary. 110 Wall Street, 7th Floor New York, NY 10005 212 425-7111. www.actforex.com
ActBinary 110 Wall Street, 7th Floor New York, NY 10005 212 425-7111 www.actforex.com ActBinary ActForex, Inc. has been providing leading-edge trading technology solutions for a multitude of FCMs, Forex
Lowering Workers Comp Costs Best Practices. October 9, 2014
Lowering Workers Comp Costs Best Practices October 9, 2014 1 Your Ultimate Guide to Mastering Workers Comp Costs Learn more about Mastering Workers Comp Costs: www.advisenltd.com/wcbooks Price: $249 2
The IRC 2015 Insurers Analysis: Annual Summary of 2014 Insurance Company Financial Statements
The IRC 2015 Insurers Analysis: Annual Summary of 2014 Insurance Company Financial Statements Prepared by IRC Security Committee June 2015 T a b l e o f C o n t e n t s Objective Purpose and scope of the
VARONIS CASE STUDY. Philip Morris International (PMI)
VARONIS CASE STUDY We chose Varonis following standard procurement processes in our company as well as technical evaluations within our IT lab. The technical evaluations were very important to determine
General Agent Supplemental Compensation Plan. Group Voluntary & Worksite Benefits. 2014 Program
General Agent Supplemental Compensation Plan Group Voluntary & Worksite Benefits 2014 Program Introduction With our unmatched expertise across a wide range of employee benefits, MetLife can help you tailor
Captive Strategies: Enhancing Value and Ensuring Compliance
Captive Strategies: Enhancing Value and Ensuring Compliance The Benefits of Diversification and the Need for Compliance Owners of captive insurance entities recognize the value that a captive can bring
GUY CARPENTER S EIGHTH ANNUAL SPECIALTY INSURANCE PROGRAM ISSUING CARRIER SURVEY, 2012
An update from Program Managers Solutions March 31, 2013 POISED FOR GROWTH GUY CARPENTER S EIGHTH ANNUAL SPECIALTY INSURANCE PROGRAM ISSUING CARRIER SURVEY, 2012 As a result of, or in some cases in spite
Fall 2014 Data Center Users Group Survey Results October 2014
Fall 04 Data Center Users Group Survey Results October 04 The Data Center Users Group (DCUG) is a collection of influential data center, IT and facility managers formed by Emerson Network Power. Founded
5 P&C underwriting metrics to increase profitability
5 P&C underwriting metrics to increase profitability Matthew Tierney, Principal, Business Advisory Services, Grant Thornton LLP Joseph F. Morris, Founder and President, P&C Insurance Company Strategies,
Case No COMP/M.5031 - ACE / CICA. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 11/03/2008
EN Case No COMP/M.5031 - ACE / CICA Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 11/03/2008 In electronic form on
Real Estate Practice. Fact-Based Solutions for Real Estate Risk Management. Risk. Reinsurance. Human Resources.
Aon Risk Solutions Real Estate Practice Real Estate Practice Fact-Based Solutions for Real Estate Risk Management Risk. Reinsurance. Human Resources. Today s Real Estate Risk Trends and Priorities Our
Australia Life Insurance Program Activity and Implementation Report
Australia Life Insurance Program Activity and Implementation Report October 2014 ACORD is a non-profit membership standards development organization (SDO) which develops and maintains forms and data standards
claims reporting guide and office directory Delivering unparalleled results
claims reporting guide and office directory Delivering unparalleled results Zurich North America Table of Contents Zurich North America Claims Model Technological Features of the Claims Model How to Report
VARONIS CASE STUDY. Heemskerk Municipality
VARONIS CASE STUDY We are using DatAdvantage to determine the people who own a lot of data so we can then speak to them about their requirements. Using the reports we can show them how much space they
The American Council of Life Insurers. Written Statement for the Record. for. Maintaining the Disability Insurance Trust Fund s Solvency.
The American Council of Life Insurers Written Statement for the Record for Maintaining the Disability Insurance Trust Fund s Solvency Before the United States House Committee on Ways and Means Subcommittee
PREDICTIVE ANALYTICS FOR RETAILERS
MARCH 2014 PREDICTIVE ANALYTICS FOR RETAILERS Insights into Tomorrow's Shopping Behaviors GOTOWEBINAR NAVIGATION Ways to ask quesdons during the webinar DURING THE WEBINAR: Everyone will be muted during
UnumProvident Corporation Reports Third Quarter 2005 Results
FOR IMMEDIATE RELEASE November 1, 2005 NEWS RELEASE For additional information contact: Thomas A. H. White Senior Vice President, Investor Relations 423.294.8996 Linnea R. Olsen Director, Investor Relations
TECHNICAL & ENGINEERING INSURANCE ACE TECHNICAL LINES
TECHNICAL & ENGINEERING INSURANCE ACE TECHNICAL LINES Companies today are looking for an insurer who can cater for their whole range of technical or engineering insurance requirements, from machinery breakdown,
Healthcare Data Management Survey Report
Healthcare Data Management Survey Report Embarcadero Technologies June 2010 Americas Headquarters EMEA Headquarters Asia-Pacific Headquarters 100 California Street, 12th Floor San Francisco, California
Leadership Impact: That Works
Leadership Impact: Team Development That Works For any technical support during the webinar please call 888-259-8414 June 22, 2011 June 22, 2011 Career Partners International Agenda Team Development That
NEW YORK CONSTRUCTION CERTIFICATE OF LIABILITY INSURANCE ADDENDUM
AGENCY CUSTOMER ID: NEW YORK CONSTRUCTION CERTIFICATE OF LIABILITY INSURANCE ADDENDUM DATE (MM/DD/YYYY) THIS ADDENDUM SUMMARIZES SOME OF THE POLICY PROVISIONS IN THE REFERENCED INSURANCE POLICIES AND IS
A FORUM FOR DEBATE, A CATALYST FOR CHANGE
7 March 2013 Renaissance Hong Kong Harbour View Hotel Hong Kong A FORUM FOR DEBATE, A CATALYST FOR CHANGE 2013 conference highlights: The impact of the increasing frequency and severity of natural catastrophes
FOR SMALL AND MEDIUM BUSINESSES
Payables & Receivables Solutions For Small and Medium Businesses FOR SMALL AND MEDIUM BUSINESSES The Challenge for Small and Medium Businesses: Proactive Management If the successful start-up of a business
VARONIS CASE STUDY Children's Hospital of Wisconsin
VARONIS CASE STUDY Children's Hospital of Wisconsin As a security professional, DatAdvantage fills a very important need for me. I have not seen another product that can do what DatAdvantage does. Without
INFORM PARTNER PROGRAM GUIDE
INFORM PARTNER PROGRAM GUIDE INFORM Partner Program The Informatica INFORM Partner Program provides leading consulting, integration, reseller, software, solution, and Cloud companies with the ability to
How To Buy Chubb For $28.3 Billion In Cash And Stock
ACE TO ACQUIRE CHUBB FOR $28.3 BILLION IN CASH AND STOCK Complementary Businesses and Skills Will Create Global P&C Industry Leader with Superior Product, Customer and Distribution Channel Capabilities
Overview of Tennessee s s Workers Compensation Market Conditions and Environment
Overview of Tennessee s s Workers Compensation Market Conditions and Environment Tennessee Advisory Council on Workers Compensation August 22, 2011 Mike Shinnick,, Workers Compensation Manager Tennessee
THE REINSURANCE PRINCIPLES
THE REINSURANCE PRINCIPLES Contents 1. Concepts of Insurance and Reinsurance 2. Functions of Reinsurance 3. Types & structures of Reinsurance 4. Introduction to Pricing 5. Introduction to Portfolio Strategy
Medical Reimbursements of America. Get Paid MORE for Accident Claims.
Medical Reimbursements of America Get Paid MORE for Accident Claims. 1 Now, there s a better way to manage Accident Claims. Accident Claims Management 2 3 Reimbursement Pressure is Accelerating. The Pain
Summary of Cover Professional Indemnity Scheme
Summary of Cover Professional Indemnity Scheme For members of NAEA, ARLA, ICBA & NAVA ESTATE AGENTS FOR SAL E UNDER OFFER Official insurance broking partner for: Summary of cover Professional Indemnity
CHALLENGES IN COLLATERALIZING LARGE DEDUCTIBLE PROGRAMS. July 2012. Sponsored by:
CHALLENGES IN COLLATERALIZING LARGE DEDUCTIBLE PROGRAMS July 2012 Sponsored by: CHALLENGES IN COLLATERALIZING LARGE DEDUCTIBLE PROGRAMS Executive Summary A large deductible insurance program often appears
STRUCTURING MULTINATIONAL INSURANCE PROGRAMS: THE EMERGING REGULATORY CHALLENGE TO NON-ADMITTED INSURANCE Suresh Krishnan
STRUCTURING MULTINATIONAL INSURANCE PROGRAMS: THE EMERGING REGULATORY CHALLENGE TO NON-ADMITTED INSURANCE Suresh Krishnan STRUCTURING MULTINATIONAL INSURANCE PROGRAMS: THE EMERGING REGULATORY CHALLENGE
Renewal 2003 MR Reinsurance Group
Renewal 2003 MR Reinsurance Group Renewal 2003 MR Reinsurance Group February, 28 th 2003 Münchener Rück Munich Re Group Contents Overview Market View Reinsurance Group Business Units / Lines of Business
EMARSYS PARTNER PROGRAM
EMARSYS PARTNER PROGRAM CONTENTS EMARSYS PARTNER COMMUNITY 3 PARTNER PROGRAM TYPES 5 AGENCY PARTNER PROGRAM 6 REFERRAL PARTNER PROGRAM 8 RESELLER PARTNER PROGRAM 12 EMARSYS PARTNER COMMUNITY 4 EMARSYS
3CX Introduction & Sales Presentation. Copyright 2002 ACNielsen a VNU company
3CX Introduction & Sales Presentation Copyright 2002 ACNielsen Agenda About 3CX Ltd. About Deerfield.com About IP PBX IP PBX Market IP PBX Benefits End User Administrator Owner 3CX Phone System Overview
