Palisades Research: Consulting firm specializing in SAS data warehouse solutions, OLAP and internet-enabled information delivery for decision support, statistical analysis for marketing and financial applications, and data  mining
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Mike Krumenaker
Palisades Reserach, Inc

Palisades Research, Inc. develops Internet-enabled data mart and on-line analytical processing (OLAP) systems for actuarial and underwriting departments to use in pricing and developing insurance products based on historical policy, premium and claims data. We can add sophisticated statistical modeling capabilities, including decision trees, logistical/linear regression, neural networks, and other techniques.

These efficient and cost-effective tools provide:

  1. Easy access to historical claims and premium data summarized by characteristics critical to decision making

  2. The capability to analyze historical trends in premiums and claims

  3. Simplified preparation of regulatory reports to request rate changes

  4. Automated creation of auto insurance class code variables via artificial intelligence techniques

  5. An analytical platform for statistical modeling and calculating product profitability

Insurance product development, risk analysis and product pricing require efficient access to historical premium and claim data and their summarization by various combinations of business dimensions. Addressing these needs on an ad hoc basis is time consuming, inefficient and expensive. We develop data marts and multidimensional cubes based on SAS and Microsoft technologies to deliver OLAP capabilities to end users through their browsers.

In addition, the data mart is an ideal platform for statistical modeling, data mining and calculating the profitability of insurance products.

Palisades Research provides database and Internet-enabled decision support solutions, statistical analysis and data mining. You can learn more about us and the applications we have developed for the Insurance industry from our website In the Solutions column on our home page you will find a link to each of our hands-on demos: