Description: A Loss Triangle analysis chart can be easily created for visualization of various risk indicators extracted from unstructured data.
Charlee™ will extract various insights hidden in unstructured data to identify key factors leading to various claim development patterns. For example, an Underwriting Manager can use Charlee™ to determine Loss Triangle Patterns on claims that have elements such as distracted driving, wind driven rain and other topics. Additional filters on various claim attributes help gain a deeper understanding of various loss patterns. Understanding these patterns assists in developing effective risk selection as well as appropriate endorsements and overall portfolio management.