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Video: Additional uses for loss cost models

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April 30, 2019

In an A.M. BestTV interview, Willis Towers Watson’s Ben Williams discusses how insurers are using loss cost models.

In an interview with A.M. BestTV, Ben Williams, director at Willis Towers Watson, discusses how insurers could use their loss cost models of expected claims to guide their underwriting or their client acquisition efforts. He sees more sophisticated clients using their models for these more general purposes, while the majority of the market is still focused on rate segmentation.

To read the related article in Best’s Review magazine, click the download button below.

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