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i3 Analytics Launches Web-Based Predictive Modeling Solution to Help Workers’ Compensation Companies Better Forecast and Price Exposure Performance

By Sarah

ORLANDO, FL., February 8, 2016 – i3 Analytics (i3), a financial analytics and technology firm, announced today the launch of its Best Practices Pricing Tool, a predictive modeling platform that analyzes more than $15 Trillion of US payroll and $200 Billion of US insurance premium to better forecast the performance of its clients’ exposures.

“Our goal is to provide solutions for every step in the policy life cycle of our clients’” said Arthur Frisch, President of i3 Analytics, “the i3 pricing tool makes our clients’ risk selection and pricing processes more informed with a myriad of workers’ compensation industry intelligence.”

The i3 Best Practices Pricing Tool allows organizations to benefit from:

  • Data visualization technology that allows for fast and easy understanding of large amounts of data.
  • Integrated workers’ compensation payroll, claims and bureau rating data.
  • Effortless optimized pricing for workers’ compensation rates.
  • Red flag alerts such as average cost per claim, average industry loss ratio and large loss indicators.
  • Automated carrier rating information updates.

The i3 Best Practices Pricing Tool is now offered as a plug-in to ClientSpace CRM clients, the most prominent CRM system in the Professional Employer Organization and contingent workforce industries.

About i3 Analytics
i3 Analytics is a financial technology firm backed by the Insurance Distribution Investing Group (IDIG) and Risk Transfer Insurance Agency.  i3 currently works with insurance companies, investments banks and private equity companies providing predictive modeling software, data visualization services and web-based mobile applications.  i3 technology has processed more than $15 Trillion of US payroll, premium and claims data since inception.  IDIG is a joint venture between private equity partner Dowling Capital Partners and insurance agency conglomerate the Capacity Group of Companies.

Visit i3analytics.com for more information or to schedule a demo.

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