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David Pope 0
Rudolf the red nosed Bayesian network?

As a follow-up to my previous Christmas blog post, Twas the night before big data,  I give you ... Bayesian network, the directed acyclic graphical (DAG) model ( yeah, yeah, I know it doesn’t quite have the same ring as last year’s title, but you'll recognize the tune) You know Linear and

Ian Jones 0
VirtualOil Portfolio benchmarking and forward month analysis

How’s your oil book looking? As prices continue their decline, the industry is making rapid adjustments, including project shut-ins and corporate restructurings. With WTI at $55 per barrel and the forward price five years out hitting $66, energy firms are scrambling to lock in value while bargain hunters start to

Ross Kaplan 0
Is fraud really the biggest issue in health care cost?

Health care fraud is often depicted as the great, five-headed hydra in Greek mythology. When you cut off one head, two more grow back.  But more to the point, health care fraud has been presented as one of the primary (if not the primary) causes of unnecessary healthcare spend.  However, just because

Charlotte Crain 0
Vocabularies: Deciphering the language of business rules

Having met and discussed business rules with many customers over the last year, several questions arise in nearly every business rules conversation. Business rules can vary a lot by industry, but understanding the need for business rules in decision processes is common across every application. In all cases, quite a bit

Simon Kirby 0
The secret to successful underwriting

It is clear from many of the comments arising from this year’s Insurance Times Broker Service Survey that brokers value underwriters who are open-minded and willing to adapt wordings and terms where possible to accommodate clients’ individual needs. They also value a close dialogue and partnership with underwriters who are

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