Builders Mutual Insurance Company

Builders Mutual Insurance Company

Predictive analytics provides multiple benefits

  • Estimated $4 million increase in annual revenue from a renewal underwriting model

  • Enabled premium audit models, leading to additional cost savings

Predictive Analytics is a business solution that can enhance customer experience, increase market share, and improve the bottom line.

Ross Fowler

AVP of Underwriting
Builders Mutual

How Builders Mutual Insurance Company engages, innovates, and grows efficiently

Like many insurers, Builders Mutual Insurance Company knows that, to remain competitive, the company must continually re-evaluate its technology to adapt to a changing marketplace and customer buying experience. A commercial insurer that focuses primarily on workers’ compensation insurance in the construction space, Builders Mutual identified three focus areas—effective business handling, premium growth, and better customer experience—that would benefit the most from predictive analytics.

About Builders Mutual Insurance Company

Headquarters: Raleigh, NC
Operations: US
Business Lines: Workers’ Compensation

Guidewire products that make it happen

Analytics

Get live insights across the insurance lifecycle with the Analytics suite of apps, which leverage curated, validated data from multiple sources. 

Analytics

Get live insights across the insurance lifecycle with the Analytics suite of apps, which leverage curated, validated data from multiple sources. 

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