Predictive modeling to play increasingly important role in property/casualty industry and other businesses, CAS is told

New advances in predictive modeling will play an increasingly important role in the property/casualty insurance business in the next decade, panelists told attendees at the Casualty Actuarial Society Predictive Modeling Seminar. Opening the seminar’s plenary session, moderator Jim Guszcza, the national predictive modeling lead for Deloitte Consulting LLP, said there is increasing awareness of the benefits that predictive modeling can bring to all industries, including insurance.