DURHAM, N.C., Feb. 24, 2006 (PRIMEZONE) -- IASA and InsureWorx are pleased to announce the upcoming presentation of a jointly sponsored free web seminar, "Predictive Underwriting in the Insurance Industry," on Thursday, March 9, 2006 at 1:00 p.m. EST.
As you may know, risks are growing more complex, sources of claims are becoming more varied and underwriting time pressures are tightening. These factors make the process of making underwriting decisions more intricate and less certain. Predictive underwriting technology is gaining a foothold in the industry as P&C underwriters learn the value of using technology and predictive analysis to more accurately select and price risk. Sophisticated predictive models can help underwriters complete the risk assessment component of their jobs better and faster, freeing them to focus on other mission critical tasks.
This free web seminar will focus on real-world examples, give an overview of predictive underwriting technology in the P&C industry -- the dos and don'ts of predictive modeling, underlying data issues, the impact on change management, and the needed analytical, technological, data management skill areas. This presentation will be moderated by Joe Pomilia, Executive Director -- Insurance Accounting & Systems Association, Inc. (IASA), and speakers will include: Glenn Meyers, Chief Actuary -- ISO Innovative Analytics, Darlene Pogrebinsky, Director of Analytic Development -- ISO Innovative Analytics, Becky Adriaenssens-Colucci, Senior Vice President -- Meadowbrook Insurance, and Rodney Griffin, Account Management Executive -- InsureWorx.
For more information, or to register for this event, please contact Jennifer Overhulse-King of St. Nick Media Services at 859-803-6597, visit the IASA website at www.iasa.org, or complete the online registration form at www.vbssolutions.com/iasatechwebcast.
About IASA
The Insurance Accounting & Systems Association, Inc. (IASA) is a non-profit, education association that strives to enhance the knowledge of insurance industry professionals, and participants from similar organizations closely allied with the insurance industry by facilitating the exchange of ideas and information. IASA is one of the insurance industry's largest, and most diversely represented trade associations. IASA membership includes insurance companies of all types (Property & Casualty, Life, Health, Fraternal, HMO and others) as members, as well as companies serving the insurance industry, regulators and also organizations more broadly representative of the financial services industry, including banks and investment brokerage firms. Learn more about the IASA by visiting our website at www.iasa.org or by calling (919) 489-0991.
About InsureWorx
InsureWorx, located in the San Francisco Bay Area, (Emeryville) California and Denver, Colorado, is a leading provider of browser-based software solutions to the insurance industry. The flagship PowerComp(r) product line includes core-processing solutions for Workers' Compensation and other Commercial Property & Casualty and Risk Administration lines of business covering full enterprise claims, billing, underwriting and policy administration functionality. For additional information on InsureWorx, please visit www.insureworx.com, or call 800.785.4526. Note: InsureWorx and PowerComp are trademarks of InsureWorx, Inc.