US Managing General Agent (MGA), Johnson & Johnson has selected EagleEye Analytics to provide a comprehensive predictive analytics solution for monitoring its analytics output and results.
The company will deploy EagleEye Analytics' Talon Analysis Studio and business intelligence tools, for close performance monitoring of its business, particularly in areas that are ancillary to its core coastal insurance business.
Resulting predictive analytics insights offered by EagleEye's software and reporting tools are expected to enable the company to take the right action to eventually optimize its business performance.
Johnson & Johnson chief operations officer Harry Johnson said, "We selected the EagleEye solution suite to better understand the business we write, price it more optimally, and monitor the performance of our portfolio for our company partners."
EagleEye Analytics Sales and Marketing senior vice president Doug McCracken said the company's technology will provide Johnson & Johnson with a direct line of sight to which business is good business, and which requires improvement to meet targets.
''Armed with this understanding based on predictive analytics, allows Johnson & Johnson to develop better products and share more specific information to carrier Program Managers,'' McCracken added.
Established in 1930, Johnson & Johnson specializes in coastal personal property insurance.
