COLUMBIA, S.C., March 27, 2014 (GLOBE NEWSWIRE) -- EagleEye Analytics, the leading provider of transformative business solutions to the insurance industry through the application of breakthrough predictive analytics technology, held their 2014 client workshop on March 13th and 14th in Charlotte, North Carolina. The two day meeting provided a forum for the EagleEye customer community to share their experiences, best practices and receive the latest information on EagleEye's products.
The workshop kicked off with EagleEye's CEO, Wade Bontrager, discussing the predictive analytics landscape in the insurance industry today along with the new initiatives that the company has launched over the past year to better enable carriers to use predictive analytics to transform their business. The two days included roundtable discussions about tactical and strategic uses for predictive analytics in all parts of the insurance company ecosystem, with deep dives into EagleEye's unique capabilities in price optimization and claims management.
"We found the client workshop valuable on many levels," commented Larry Seymour, Vice President and Chief Actuary, Capitol Insurance Companies. "As an EagleEye customer we understand how using analytics gives us a deeper level of insight into our data that enables more informed decisions. The workshop was a great opportunity to learn about how other carriers are using analytics to improve their business as well as to understand EagleEye's development direction."
"EagleEye is focused on helping our clients improve their business. The predictive analytics methodology we use is different and more powerful than anything else in the industry, enabling carriers of all sizes to make more informed decisions that can impact their bottom line," said Wade Bontrager, CEO, EagleEye Analytics. "We thank our customers for the collaboration, enthusiasm and thought leadership that made the workshop a great success."
EagleEye's software and services provide clients a level of unmatched predictive analytics' precision that gives them a competitive advantage in the marketplace. The information extracted from their data enables them to develop optimal pricing, effectively manage claims and understand what distribution channels and marketing tactics bring them the best business.
About EagleEye Analytics
EagleEye Analytics offers the most advanced predictive analytics software and consulting services available to the property and casualty insurance industry today. The quantifiable results from the company's unique machine learning capabilities enable insurance carriers to make tactical and strategic decisions that help drive profitable growth and reduce operating expenses. EagleEye's customers have achieved quantifiable and meaningful results by applying modern predictive analytics across the most important insurance business processes – product marketing and distribution, pricing and underwriting, and managing claims. The firm's solutions have proven to give the best predictive results in over 200 engagements in the United States, Europe, Canada and Australia. EagleEye is headquartered in Columbia, South Carolina and has a subsidiary in London, UK. A privately held company, EagleEye Analytics is backed by FirstMark Capital in New York. For more information, visit eeanalytics.com.
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