EagleEye Analytics Selected by Zurich Insurance Group for Trial Project
(Thomson Reuters ONE) -
COLUMBIA, S.C., Aug. 25, 2015 (GLOBE NEWSWIRE) -- EagleEye Analytics, provider
of the most advanced machine learning predictive analytics technology for
insurance, has been selected by Zurich Insurance Company Ltd. to conduct a 14
month trial of EagleEye's Talon Predictive Analytics System for its global
advanced analytics initiative.
In an earlier Proof of Concept project, EagleEye worked with Zurich modelers in
Brazil and Italy to prove the superiority of EagleEye's machine learning
algorithms and analytics methodologies, as well as the usability of the Talon
Predictive Analytics System.
"We're honored to have been awarded this contract through Zurich's rigorous
process, and to be a part of a global effort that will demonstrate the
applicability of the Talon predictive analytics system to property and casualty
books in markets around the world," says Wade Bontrager, EagleEye CEO. "While
every market is different, the power of data to deliver predictive insights is
the same everywhere, and Zurich is a leader in maximizing this power."
About EagleEye Analytics
EagleEye Analytics offers the most advanced predictive analytics software
available today. Developed by actuaries and data scientists with long careers in
insurance, Talon® insurance-data aware machine learning produces real-time
scoring to inform decisions in claims management, pricing and underwriting,
marketing and distribution. More than 200 engagements in the Americas, Europe,
Canada, Africa and Australia have proven Talon delivers the best predictive
results. EagleEye is headquartered in Columbia, SC, USA and has a subsidiary in
London, UK. A privately held company, EagleEye Analytics is backed by FirstMark
Capital in New York. EEAnalytics.com
The EagleEye Analytics logo is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/cd0e45f0-7376-4f00-a156-
01dc1251c9c5
About Zurich
Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its
customers in global and local markets. With more than 55,000 employees, it
provides a wide range of general insurance and life insurance products and
services. Zurich's customers include individuals, small businesses, and mid-
sized and large companies, including multinational corporations, in more than
170 countries. The Group is headquartered in Zurich, Switzerland, where it was
founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is
listed on the SIX Swiss Exchange and has a level I American Depositary Receipt
(ZURVY) program, which is traded over-the-counter on OTCQX. Further information
about Zurich is available at www.zurich.com.
Helene Goldson
803.726.7208
Hgoldson(at)eeanalytics.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: EagleEye Analytics via GlobeNewswire
[HUG#1947306]
Unternehmensinformation / Kurzprofil:
Datum: 25.08.2015 - 13:45 Uhr
Sprache: Deutsch
News-ID 415777
Anzahl Zeichen: 3544
contact information:
Town:
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Kategorie:
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