Skip to main content
2024 RPM Seminar Main banner
Final Program


Icon Legend
This session is not in your schedule.
This session is in your schedule. Click again to remove it.
Presentation Icons
Livestreamed
Livestreamed
Not Recorded
Not Recorded
Back
Evaluation

RPM Seminar

Modeling

Level 1: No prior knowledge of the subject (0-3 Years)

C:PC:L2

C:PC:L3

C:MM:L1

C:MM:L2

C:FI:L1

C:FE:L1

C:FE:L2

C:RM:L1

C:RM:L2

C:AS:L1

S:CT:L1

S:DA:L1

S:DA:L2

S:DA:L3

S:BT:L1

S:BT:L2

S:PR:L1

S:BA:L1

S:LT:L1

S:LT:L2

T:AN:L1

T:AN:L2

T:IC:L1

T:IC:L2

T:CO:L1

T:CR:L1

T:CR:L2

T:IA:L1

T:PR:L1

M-5 - Improved Segmentation and Profitability for Auto

Tuesday, March 19, 2024
11:00 AM – 12:00 PM CST
CE: 1.2
Session Description: In an industry that is challenged for profitability due to macroeconomic conditions, it is important to find ways to streamline underwriting practices to provide accurate segmentation, rate adequacy and to generate positive return on investment in rating products. In this session, we will cover how credit and public records can be combined in new ways to generate new risk segmentation opportunities for carriers. We explain how scores and attributes are used from FCRA regulated data sources to find lift and separation across different risk segments.

Learning Objectives:

  • Demonstrate the ability to improve risk segmentation using trended credit data and public records.
  • Expand the scorable population (improve no hits) by using multiple sources and increase coverage in specific states where credit is banned or restricted.
  • Identify key attributes that provide the best segmentation and to collaborate with us to develop an implementation playbook for filings.