ISO Works With SAS Software to Create Advanced Risk Modeling

ISO, the world’s leading source for risk management information, has chosen SAS^® as its software provider for creating analytic models for the casualty and property insurance trade. SAS, the leader in business intelligence and analytical software, has been providing business data solutions since 1976. By using advanced analysis and data management, ISO customers will be able to provide better risk assessment through its pioneering predictive modeling.

“ISO has a vast and unprecedented amount of insurance data and a large staff of analysts,” explained Marty Ellingsworth, president of the ISO Innovative Analytics unit. “Our team needs the best tools to effectively mine that data, visually explore new features, and track models through production for feedback and improvement. We found SAS to be the best solution to satisfy our needs.”

ISO will use the SAS Enterprise Intelligence Platform because of its flexible and robust grid-enabled features. By using a grid computing architecture, ISO expects to have more computing speed, better platform stability, and improved user performance. Grid computing will also allow ISO improved growth options with its diagonal scalability which allows the reuse of existing computer hardware.

Other features will include the SAS visualization module which can shrink data search time, built-in model assessment, and comparison capabilities. ISO analysts will be provided by SAS documentation and collaboration tools to work proficiently.