Predict the probability and severity of future claims.
With HITSPlus, you can predict the probability of a future claim occurring and its severity within the first two years of a policy's inception or renewal. The HITSPlus score is generated using current claims history and certain elements of behavioural patterns found in credit data. HITSPlus combines these predictive components into a single, user friendly predictive model that gives insurers the power to predict the future — the probability of a claim and the average value of the claim.
SCORE provides everything you need to enhance the efficiency, consistency and profitability of your habitational insurance underwriting processes.