RISK PREDICTION

RMT’s Risk Predictor Score model was developed specifically for the auto insurance industry. Version 2.0 utilizes a GLM Model with a lost cost index—our All-Coverage Model provides an approximate lift over 8 times, and our Physical Damage Model provides an approximate lift over 11 times. It incorporates a robust data set and spans the spectrum of auto insurance risk. Additional loss data, meticulous analysis, and a multitude of enhanced and new variables were integrated within these new models. The Risk Predictor Score 2.0 helps uncover previously unknown risk.