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NEW YORK--([ BUSINESS WIRE ])--Property/casualty insurance analytics provider Valen Technologies and Willis Re, the reinsurance broking arm of Willis Group Holdings (NYSE:WSH), the global insurance broker, today announced a joint marketing relationship for two predictive analytics solutions for workersa compensation insurers in the United States. Effective immediately, Willis Re will offer its clients the opportunity to license Valenas InsureRight and AuditRight products at discounted rates.

"Valen and Willis Re are aligned in our efforts to bring cutting-edge predictive analytics to property/casualty insurance clients"

Valen Technologies, Inc, provides turnkey predictive analytic solutions to the Property and Casualty insurance market inCloud-based computing environments. The InsureRight solution provides workersa compensation insurers with two robust predictive models a" a risk model that helps underwriters price risks more accurately and a misclassification model that helps carriers identify policies with misclassified exposure.

The AuditRight product helps workersa compensation insurers improve premium to exposure accuracy. AuditRight facilitates the efficient use of premium audit resources by identifying policies with the greatest risk of premium deviation at policy expiration.

Alice Underwood, Executive Vice President and the head of Analytics for Willis Re North America, said, aCompanies are recognizing that predictive analytics are rapidly becoming mandatory in order to stay competitive. Valenas products can help level the playing field for smaller companies by putting extremely competitive tools into their hands.a

Bret Shroyer, Senior Vice President of Willis Re, said, aInsureRight fills a vital gap in the predictive modeling space. Itas an incredibly effective workersa compensation model, leveraging a large industry database to bring real value at a competitive price to small- and medium-sized carriers.a

aValen and Willis Re are aligned in our efforts to bring cutting-edge predictive analytics to property/casualty insurance clients,a said Dax Craig, Valen CEO. aValen is thrilled to develop an alliance with Willis Re because we both share an unwavering commitment to our customersa success.a

About Valen Technologies

Valen Technologies, Inc. improves pricing, underwriting and premium audit results through cloud computing predictive analytics solutions, UnderRight, RateRight, AuditRight and InsureRight. Valenas leverages its Valen Networks consortium database of detailed policy and claims data to build, deploy and monitor predictive models for improving risk selection, pricing, underwriting and optimizing premium audit processes. To learn more about Valen and Valenas products visit Valenas website at [ www.valen.com ]

About Willis Re

One of the worldas leading reinsurance brokers, Willis Re is known for its world-class analytic capabilities, which it combines with its capital markets and reinsurance expertise in a seamless, integrated offering that helps clients increase the value of their businesses. Willis Re serves the risk management and risk transfer needs of a diverse, global client base that includes all of the world's top insurance and reinsurance carriers as well as national catastrophe schemes in many countries around the world. The brokeras global team of experts offers services and advice that help clients make better reinsurance decisions, access worldwide capital markets and negotiate optimum terms. For more information, visit [ www.willisre.com ]