To help build more accurate analytic models for the property/casualty insurance industry, ISO has selected software from SAS, the leader in business intelligence. Since 1971, ISO has been a leading source of information about risk. The company provides data, analytics, and decision-support solutions for insurers to operate more efficiently and increase competitive advantage.
With advanced analytic techniques and data management skills, ISO clients can better assess risk in the property/casualty insurance industry with leading-edge predictive modelling.
"SAS has the most widely used intelligence platform in the industry," says Leonard Browne, senior principal consultant SAS Institute South Africa. "The professional and comprehensive training from SAS will enable ISO to remain on the cutting edge of the insurance industry."
"ISO has a vast and unprecedented amount of insurance data and a large staff of analysts," says Marty Ellingsworth, president of the ISO Innovative Analytics unit. "Our team needs the best tools to effectively mine that data, visually explore new features, and track models through production for feedback and improvement. We found SAS to be the best solution to satisfy our needs."
The powerful, flexible, and comprehensive grid-enabled SAS Enterprise Intelligence Platform will help ISO build robust analytic models more quickly, and with increased computing bandwidth for simultaneous users. SAS visualisation capabilities will significantly reduce data exploration timelines, while its built-in model assessment and comparison capabilities require no separate coding. ISO also anticipates significant risk mitigation in model maintenance and archiving, and more efficient data warehousing.
ISO will deploy the SAS GRID computing infrastructure for diagonal scalability to support future growth. ISO will draw on grid technology to extend and increase the life span of its investment in hardware resources. This innovative SAS solution also provides ISO analysts with better documentation, enhanced performance, and collaboration to work more quickly and efficiently.
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A leading source of information about risk, ISO provides data, analytics, and decision-support services to professionals in many fields, including insurance, finance, real estate, health services, government, human resources, and risk management. Using advanced technologies to collect, analyse, develop, and deliver information, ISO helps customers evaluate and manage risk. The company draws on vast expertise in actuarial science, insurance coverages, fire protection, fraud prevention, catastrophe and weather risk, predictive modelling, data management, economic forecasting, social and technological trends, and many other fields. To meet the needs of diverse clients, ISO employs an experienced staff of business and technical specialists, analysts, and certified professionals. In the United States and around the world, ISO helps customers protect people, property, and financial assets.
SAS
SAS is the leader in business intelligence and analytical software and services. Customers at more than 44 000 sites use SAS software to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. Only SAS offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world The Power to Know. Visit us at http://www.sas.com/ http://www.sas.com/sa
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