Business Classification
October 1, 2022
Business classification is a challenging and important problem in the insurance world. All too often submissions an insurer receives have incorrect or missing business class codes which can lead to suboptimal decision making and inaccurate pricing. At Convr, we've developed a solution that has outperformed third party data providers 70% of the time. In this video, Dr. John Henry, Chief Analytics Officer at Convr, explains.