Talon Analytical Platform
EagleEye’s Talon Analytical Platform offers unmatched power, speed, and affordability. Designed specifically for the insurance industry, Talon gives you a competitive advantage by uncovering hidden opportunities for growth and increased profitability across all individual lines of business.
Significant Lift Curve: 55% to 150% variation in loss ratio (2.9x lift) with a correlation of 90%
With Talon, you’ll stop looking in the rear-view mirror for insight and start using forward estimates to drive your strategy. In a quarter of the time of other technologies, Talon will give you actionable new knowledge tailored to fit your company’s own methods and infrastructure. Unlike traditional predictive models that rely on industry standards and unrealistic assumptions, Talon delves deep into your firm’s historical and real-time data using machine learning, the latest branch of artificial intelligence, to analyze hundreds of variables and co-relations. Talon provides answers to strategic questions like:
- When should we cut prices for competitive advantage and when shouldn’t we?
- Which agents are delivering the best customers and which aren’t?
- Where is our loss-ratio deteriorating and why?
- How can we eliminate adverse selection?
Proven best in over 160 cases, Talon Analytical Platform outperforms other predictive analytics technologies in delivering lift, a measure of the accuracy of your pricing strategy and the key driver of business success.
EagleEye Policy Score The key component of Talon’s Analytical Platform is our EagleEye Score, a dramatic improvement over score cards based on out-of-date accounting information. The EagleEye Score delivers a consistent, reliable way to measure every area of your business and can be based on loss ratio, claims frequency, loss cost, claims severity, retention or profit. Importantly, analyses are always validated against a holdout sample to confirm the predictive power of the results.
The Talon Analytical Platform is a web-based solution, so there is no capital investment – and no waiting for internal IT resources to begin the process. Results are delivered in language everyone can understand, so the technology can be applied with a minimum amount of training.
EagleEye’s Rapid Portfolio Diagnostic is the fastest and most affordable way to see how the Talon Analytical Platform can dramatically increase profitable growth for your company. In just 8 weeks, you can be managing your business with the proven best predictive analytics technology in the industry.
To learn how the Talon Analytical Platform can improve your business, review our EagleEye Analytics Overview and contact info@eeanalytics.com.