Deloitte Development LLC

Deloitte & Touche Llp

Frank M Zizzamia

John R Lucker

Cheng-Sheng Peter Wu

Dominic A Tocci

Karl J Knable

Matthew R Carrier

Alice Kroll

Raymond E Stukel

Hrisanthi Adamopoulos

A quantitative system and method that employs data sources external to an insurance company to generate a statistical model that may be used to predict commercial insurance profitability. The system and method are able to predict individual commercial insurance policyholder profitability on a prospective basis regardless of the internal data and business practices of a particular insurance company.

Commercial insurance scoring system and method

A quantitative system and method that utilizes data sources external to a company, and when available, traditional data sources, e.g., internal company information, to (i) provide for matching criteria such as, for example, demographic needs, to a database that can provide a number of potential recruits or customers and that can also be used to screen both current and prospective company employees matching the criteria, and (ii) generate a statistical model that can be used to predict future profitability and productivity of licensed professionals.

Licensed professional scoring system and method

A method and system for determining the importance of each of the variables that contribute to the overall score of a model for predicting the profitability of an insurance policy. For each variable in the model, an importance is calculated based on the calculated slope and deviance of the predictive variable. Since the score is developed using complex mathematical calculations combining large numbers of parameters with predictive variables, it is often difficult to interpret from the mathematical formula for example, why some policyholders receive low scores while other receive high scores. Such clear communication and interpretation of insurance profitability scores is critical if they are used by the various interested insurance parties including policyholders, agents, underwriters, and regulators.

Method and system for determining the importance of individual variables in a statistical model

A quantitative system and method that employs data sources external to an insurance company to generate a statistical model that may be used to more accurately and consistently predict commercial insurance profitability (the 'predictive statistical model'). The system and method are able to predict individual commercial insurance policyholder profitability on a prospective basis regardless of the internal data and business practices of a particular insurance company.

A quantitative system and method that utilizes data sources external to a company, and when available, traditional data sources, e.g., internal company information, to (i) provide an easily accessible means for matching criteria such as, for example, demographic needs, to a database that can quickly provide a number of potential recruits or customers and that can also be used to screen both current and prospective company employees matching the criteria, and (ii) generate a statistical model that can be used to accurately and consistently predict future profitability and productivity of licensed professionals.

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Canton, CT, United States of America

Frank M Zizzamia