About Valen

Two guys, a mission and a passion.

In 2001, Dax Craig and Richard Vlasimsky, longtime friends since their high school days, decided to leave their current jobs and start something new. Something that would change an industry. With Richard's background in data mining technology and Dax's successful entrepreneurial track record, the duo embarked on a mission to create a technology company to deliver predictive analytics solutions that help companies make day-to-day decisions in a more accurate, consistent and profitable manner. The result: Valen Technologies was incorporated in 2002.

Dax and Richard were drawn to the insurance industry - an industry that has struggled to maintain operating profitability over the past few decades. Understanding the importance of adopting and leveraging technology to improve results, Dax and Richard were among the first entrepreneurs to target the insurance industry. And they did it, and continue to do it, with the most advanced predictive analytics techniques developed thus far.

Valen currently focuses on the insurance industry, and will use this experience as a springboard for its expansion into other industries. With major insurance customers already leveraging Valen's solution to dramatically improve risk segmentation in the areas of underwriting, marketing/distribution, operations and claims, Valen is quickly discovering adjacent vertical applications for its predictive analytics platform. Valen's solution delivery process includes the mining and analysis of a vast amount of information - resulting in a significant and relevant amount of knowledge about the vertical industries its insurance customers insure. This gives Valen the unique ability to offer noninsurance companies predictive analytics and knowledge-based products that can be applied to industry-specific problems affecting core business decisions.