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Chartis’ Use of SAS® Analytics Helps Improve Profitability, Target New Business »

Chartis' Strategic Risk Analysis Group has focused its use of SAS Analytics on three specific areas: executive liability insurance, catastrophe modeling and financial accounting.

"In an 18-month period, we used a Web-based modeling tool available from SAS to target $14 million in new executive liability business, representing 100 percent growth in that segment. In addition, the modeling tool enabled us to avoid a potential loss of $75 million from certain executive liability accounts over the course of a year," said Assistant Vice President David Lee.


NEWS
SAS Ranks No. 1 – Again! »
SAS is again No.1 on FORTUNE magazine's annual 100 Best Companies to Work For list. SAS was listed as one of the best for health care, child care and work-life balance. Since this list was established in 1998, SAS has been on it every year, with this year marking the eighth time SAS has been in the top 10.
SAS Revenue Jumps 5.2 Percent to Record US$2.43 Billion »
SAS achieved record global revenue of $2.43 billion in 2010, up 5.2 percent over 2009 results. In the business analytics category, revenue surged 26 percent. SAS CEO Jim Goodnight attributed growth to the recognition that the current explosion of data can be analyzed to provide insights never before possible.
SAS® Placed in Leaders Quadrant for BI Platforms »
SAS announced that Gartner Inc. has placed it in the Leaders quadrant in their latest Magic Quadrant for Business Intelligence Platforms report. This puts SAS among the vendors Gartner says "are reasonably strong in the breadth and depth of their BI platform capabilities and can deliver on enterprise-wide implementations that support a broad BI strategy."
CAIF Membership Reaches New High »
SAS, Geico, MetLife and others join the ranks of new members to help the Coalition Against Insurance Fraud (CAIF) grow to an all-time high of 90 members, “the largest membership in the group's history.” SAS and the members of CAIF are working to combat insurance fraud through legislation, public outreach and advocacy.
BANKS & CREDIT UNIONS
High-Performance Risk Management: Is the infrastructure ready? »
Today, firms must assess market risk in time frames approaching the microsecond, and traders have less than a second to know how a proposed trade will affect the risk profile of the portfolio. The financial industry is poised for transformation. Is your firm's infrastructure ready for high-performance risk?
Regulation and Your Reputation »
This white paper summarizes the nature and scale of today's rapid regulatory shifts, shows what firms have to do to comply with new regulations and discusses the role that business intelligence and analytics can play.
Liquidity Risk Management After the Crisis »
Learn how SAS can help with the challenges of liquidity risk measurement and management. SAS uses an integrated risk solution that provides a framework to support future business needs.
INSURANCE
Solvency II - How SAS® Can Ease Your Implementation Worries »
An early, proactive stance toward Solvency II implementation can improve business intelligence and management information systems and offer sustained competitive advantage. This paper points to possible compliance issues, explains why enterprise risk management is the foundation of successful implementation and illustrates how SAS can help.
Does your culture of sales interfere with creating a culture of analytics? »
Rachel Alt-Simmons advises insurers to use analytics for competitive advantage. In this post, she says insurers can use analytics to find the most profitable agent/advisors, put their wholesalers in the right markets and optimize marketing spend. Read her other advice.
EVENTS & WEBCASTS

Drive Marketing Relevance in Today’s Digital World
On demand

Predictive Analytics
World

March 14-15, San Francisco

SAS® Global Forum 2011
April 4-7
Las Vegas
FRAUD & FINANCIAL CRIMES
CNA Enhances Fraud Prevention With Predictive Analytics »
Tim Wolfe, director of the Special Investigations Unit at CNA, says "Identifying fraud one claim at a time continues to be important, but being able to detect and react to organized networks perpetrating fraud across multiple claims, jurisdictions and lines of business is where we can have the biggest impact."
Discover the New Benefits of SAS® Enterprise Case Management »
Keeping track of financial crimes cases that span multiple business lines, departments, accounts, transactions and business objectives can be a daunting task for investigators and a risky one for the compliance department. Learn how firms are already using this solution to solve this problem and more.
GOVERNANCE, RISK & COMPLIANCE
WikiLeaks and Implications for GRC Professionals »
How are you addressing 'involuntary corporate transparency' forcibly imposed by social media and WikiLeaks? Read this article for some tips for preventing most leaks including automating processes, proactively monitoring issues and providing a safe environment to communicate GRC issues internally.
Corporate Culture Foundational Groundwork for an Enterprise GRC (EGRC) Solution »
Clark Abrahams has begun a series of posts to help companies "know what they don't know" and improve internal controls to minimize unwelcome surprises that can damage employee morale, alienate customers, alarm regulators, disappoint shareholders and risk the company's reputation. Follow Abrahams' posts for help with your internal struggles.
TRAINING
Credit Risk Modeling Using SAS® »
Learn how to develop credit risk models in the context of the recent Basel II guidelines. The course provides a sound mix of both theoretical and technical insight, as well as practical implementation details. These are illustrated by several real-life case studies and exercises.
Preparing for Solvency II »
This is a practical course that is designed to provide you with the knowledge and skills needed to understand and support compliance with the Solvency II and reinsurance directives of the EU and to promote best practice and international standards that align with business and regulatory standards.
New Applied Econometrics Course »
Advanced Topics in Applied Econometrics, presented by Dr. Oral Capps, Jr. is the sequel to his popular course, Introduction to Applied Econometrics.
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