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Data & Analytics

05:20 PM
I&T Staff
I&T Staff
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Mobile Computing
Raleigh, N.C.

  • Lenovo released the ThinkPad X60 Tablet, a new convertible tablet PC. The tablet, which features up to seven and a half hours of battery life, has a MultiView/MultiTouch screen that permits touch or pen interaction and screen rotation, as well as an anti-reflective/anti-glare display that improves viewing outside to help adjusters while on the road.

    Predictive Analytics

  • Fair Isaac launched Model Builder 3.5 to help insurance carriers define, test and deploy analytic models without the need for programmers to recode production systems or mainframes. The software includes Data Spiders, a module that helps extract maximized value from data to build stronger predictive models, Fair Isaac says.

    Jersey City, N.J.

  • ISO has enhanced its Automobile-Property Loss Underwriting Service (A-PLUS) system -- a property and liability claims database -- with claim standardization codes. The claim standardization codes will help carriers automate the review of loss history reports by summarizing claims information, enabling underwriters to more accurately evaluate risk and rating, ISO says.

    Document Management
    Dallas and London

  • Docucorp has updated its Form Integrity Manager solution, a print stream comparison application, with client-driven features, including easier-to-use comparison capabilities and enhanced reporting mechanisms. According to Docucorp, the solution eliminates the need for insurers to visually inspect document changes and automates the testing of AFP, Metacode, PDF and PostScript print streams.

    Risk Management
    Westwood, Mass.

  • MIB Solutions enhanced its Audit Focus risk management solution. New features include a filter to help underwriters identify high-risk cases and a portfolio overview analysis with charts to help underwriters interpret policyholder risk more accurately, MIB reports.

    Business Intelligence Petach-Tikva, Israel

  • InsFocus unveiled an SOA-enabled version of its InsFocus BI business intelligence suite. According to the vendor, the new version allows insurance companies to deploy InsFocus as a Web service and enables other SOA-enabled applications to retrieve analyzed information from InsFocus BI.

    ACORD Standards
    Cambridge, Mass.

  • CambridgeDocs, which provides out-of-the-box support for ACORD XML standards throughout its product line, introduced Word FO Designer and xDoc Converter with ACORD XML standards to help carriers design applications for distributors and meet compliance requirements. Word FO Designer supports the visual layout for creating ACORD forms, and xDoc Converter enables the extraction of XML data from existing forms in PDF format, the vendor says.

    Web Monitoring
    Cary, N.C.

  • Covelight Systems launched the Inflight Intelligence Engine. The application captures raw Web-channel user data and feeds it to back-end analytic and operational decisioning engines to provide managers with detailed information about user transactions in real time, according to Covelight.

    CAT Modeling

  • AIR WorldWide released CLASIC/2 8.5, a catastrophe risk management system that helps insurers analyze risk exposure and potential loss. The new software suite includes AIR ExportExpress, a program designed to simplify the export of company exposure and loss data using filters and refined resolutions.

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