Pinnacle Actuarial and Watson Wyatt Team on Predictive Analytics Software in North America
BLOOMINGTON, ILL. and WASHINGTON, D.C., October 7, 2008 - Pinnacle Actuarial Resources, a leading national property-casualty actuarial firm, and Watson Wyatt, a leading global consulting firm, today announced their intention to partner to provide technical, training and sales support in North America for Pretium, Watson Wyatt’s predictive analytics software. In addition, Pinnacle will provide consulting services in the area of property and casualty insurance.
Used in 40 countries, Pretium supports predictive modeling applications such as improving pricing segmentation, pricing optimization, and modeling customer retention and conversion in an intuitive, flexible and easy-to-use format. These and other Pretium applications assist in improving organizations’ financial results.
“Watson Wyatt is delighted that it will be working with Pinnacle to support its Pretium user network in the United States and Canada,” said James Tanser, Watson Wyatt's global Pretium team leader. “Pinnacle’s reputation and expertise bring a breadth of knowledge in predictive modeling consultancy that will offer our customers unrivaled service.”
“Pretium is a visually appealing, fast and user-friendly approach to Generalized Linear Model development,” said Roosevelt Mosley, principal and consulting actuary at Pinnacle. “When combined with Pinnacle’s extensive predictive modeling experience, Pretium will provide customers with a tool that facilitates quick, thorough analyses of pricing, customer demand and price optimization,” he added.
To learn more about Pretium, visit www.pinnacleactuaries.com/pretium or www.watsonwyatt.com/pretium.
About Pinnacle Actuarial Resources, Inc.
Based in Bloomington, Ill., Pinnacle is an independent actuarial and management consulting firm owned by its professional staff. Ranking among the top 10 largest property-casualty actuarial firms in the United States, Pinnacle’s reputation for uncompromising professionalism, expertise and outstanding service explains why more and more companies and organizations consider Pinnacle to be the firm of choice for actuarial services.
About Watson Wyatt Worldwide
Watson Wyatt (NYSE, NASDAQ: WW) is the trusted business partner to the world's leading organizations on people and financial issues. The firm’s global services include: managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and financial advice to insurance and financial services companies; and delivering related technology, outsourcing and data services. Watson Wyatt has 7,200 associates in 32 countries and is located on the web at www.watsonwyatt.com.
Contact:
Steve Arnoff
Watson Wyatt
(703) 258-7634
steven.arnoff@watsonwyatt.com
Roosevelt C. Mosley
Pinnacle Actuarial Resources, Inc.
(309) 807-2300
rmosley@pinnacleactuaries.com
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