|By Business Wire||
|May 28, 2014 07:03 AM EDT||
Valen Analytics, a provider of proprietary data, analytics and predictive modeling for insurance carriers, has signed Change the Equation’s (CTEq) Commitment to Excellence in STEM. This initiative is a collective chorus of business leaders in championing science, technology, engineering, and mathematics (STEM) literacy. In signing the commitment, Valen Analytics has reaffirmed the value it places on STEM literacy for all young people in the U.S.
Valen and other commitment signatories, including Accenture, State Farm Insurance, Time Warner Cable and Intel, have pledged to: collaborate with each other’s respective programs; to enforce high expectations for all students; to encourage data-driven advocacy for STEM; and to support the availability of high-quality STEM learning programs in communities across the country. Members of the program were recognized at an event held on May 16, in Arlington, VA.
“We are thrilled to be a part of the such forward thinking companies, pledging our commitment to STEM literacy,” said Dax Craig, CEO of Valen Analytics. “We will continue to support CTEq to motivate the insurance industry to build a pipeline for our future workforce.”
“We applaud Valen Analytics for its role in making universal STEM literacy a reality,” said CTEq CEO Linda P. Rosen. “The public declaration of support for the commitment and the actions that will ensue from the corporate community recognizes that STEM literacy is a transformative life-skill that impacts the future success of our young people and the ability of our nation to remain a leader in innovation.”
Motivated by their partnership with CTEq, Valen distributed their first Tomorrow’s Talent Challenge Scholarship to a high school engineering student. This is the first of many efforts to inspire youth to pursue a STEM education and explore careers in insurance analytics and technology.
More information about Valen’s commitment to STEM education is available online.
About Valen Analytics
Valen Analytics is an advanced data and analytics provider for property and casualty insurance companies. We work with insurers who are actively looking to improve underwriting profits by driving growth and/or lowering their loss ratio. Our customers are focused on increasing competitive pressures, fighting adverse selection with innovative solutions, and raising awareness for the impending ‘experience gap’ in underwriting with initiatives such as Tomorrow’s Talent Challenge. Our customers span many lines of business including Homeowners, Workers’ Compensation, Commercial Auto & Telematics, Commercial Package, Commercial Property, and BOP. Learn more about Valen at www.valen.com.
About Change the Equation
Change the Equation works at the intersection of business and education to ensure that all students are STEM literate by collaborating with schools, communities, and states to adopt and implement excellent STEM policies and programs. CTEq’s coalition of members are working toward universal STEM literacy by advocating for state policies and practices that are known to produce STEM-literate high school graduates; ensuring high standards for all students; and supporting evidence-based high quality STEM learning programs.