Predictive modeling is rapidly changing the market landscape for the small commercial package risks, and even making a difference for underwriters of large professional liability accounts, carrier leaders said at recent insurance conference.

“There are winners and losers being created today in this space,” said Mary Hennessy, a former senior executive for GMAC Insurance, Overseas Partners Ltd., and TIG Holdings, who has also served on the board of directors of several insurance carriers. The winners, she said, are successfully using predictive analytics in their commercial lines businesses.