Finding the Workers Compensation Data Sweet Spot

By Peter A. Marotta, AIDM, FIDM
Enterprise Data Administrator and Principal
Enterprise Data Management, ISO

The success of developing and implementing workers compensation data standards is, in large part, attributable to the industry organizations unique to this line and their willingness to work together. The progress has been significant, but more work lies ahead. With standardized content and facilitated data exchange (be it paper, flat files, EDI, or XML), we are moving in the right direction but are still missing the data “sweet spot.”       »more

Workers Comp XML Standards Open the Door to Easier Data Sharing and Deeper Analyses

The WCIO, IAIABC, ACORD, and ISO have been working together to develop an extensible markup language (XML) standards format as an alternative way for transmitting workers compensation data. While adoption of these new standards has been gradual, the momentum is building as more and more insurers realize the benefits and process improvements XML standards have to offer. Not only do XML standards enable carriers to more easily access their data, share it with agents, brokers, and DCOs, and perform more meaningful analysis of their own business issues, the standards also provide opportunities for higher-level analysis of issues affecting the entire industry.        »more

Predictive Modeling for Premium Audit

By Phil Hatfield, CPCU
Vice President of Product Development
ISO Innovative Analytics

Early adopters of predictive modeling for ratemaking created a competitive advantage for themselves by being the first movers in this area. Seeking a new edge in the marketplace, forward-thinking carriers are looking to use this powerful technology in all facets of their operations, including the area of premium audit.        »more

Arthur Cadorine
Assistant Vice President
ISO’s Workers Compensation Information Services

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