ISO Chooses SAS Software for P/C Models

To help build more accurate analytic models for the property/casualty insurance industry, ISO has selected software from SAS, a provider 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 modeling. 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,” said 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 visualization capabilities will reportedly 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 SAS solution also provides ISO analysts with better documentation, enhanced performance, and collaboration to work more quickly and efficiently.