Insurance Claims Correlation Study by Moody's and Fortune 500 Company

This whitepaper presents the findings from a research project conducted by Moody’s in collaboration with a Fortune 500 company to analyze the correlation between various company datapoints and insurance claims events. The study, which took place from late 2024 to early 2025, aimed to identify key firmographic, financial, and credit risk data that could enhance the modeling of claims risk. The analysis revealed significant trends linking the age, probability of default, and number of employees of insured companies to incurred claim events and loss sizes. By developing predictive models, the research quantified how specific attributes contribute to the accuracy of predictions regarding claims and losses. The findings suggest potential opportunities for insurers to improve their business performance by integrating Moody’s data with their own expertise. The document details the methodology, including data sources and modeling techniques, and discusses the implications for insurers considering enhanced risk assessment in their operations.