Predictive Modeling for Workers’ Compensation
ATHENSPredict provides Athens Administrators with the unique opportunity to lead the industry forward in the use of advanced analytics to deliver superior claims management results for clients by leveraging traditional claims-related data with non-traditional external data to pinpoint risk and exposures.
Predictive Modeling – A Definition
AthensPredict is a statistical model that is intended to forecast future behavior with a high degree of accuracy. The model consists of numerous predictors, which includes the most likely influencers of future behavior or results.
In predictive modeling, data is collected for the relevant predictors, a statistical model is formulated and predictions are made and the model is revised as additional data becomes available.
Learn more about AthensPredict: