Good2Go Leverages Platform for Predictive Analytics
Good2Go Auto Insurance is leveraging Guidewire Predictive Analytics for profitability.
Aug. 5, 2019
Aug. 5, 2019—Good2Go Auto Insurance is using Guidewire Predictive Analytics to embed predictive insights for pricing guidance, according to a press release.
The company is currently using its approved rating model, which leverages Predictive Analytics for profitability, in Illinois and has filed similarly-built models for approval in Alabama and Delaware.
Scott Gibson, vice president and chief actuary at Good2Go, said in the press release, “We wanted a tool that would enable our in-house talent to perform predictive analytics work without the need to build a team from scratch. We have been able to add the rating models to our pricing plans, leading to a loss ratio benefit that is there to safeguard us so we can get more aggressive.”
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