InsureRight Platform for Underwriting
Available from Valen Analytics
The InsureRight Platform is designed to help carriers achieve underwriting profitability, and offers proprietary insight into portfolio metrics and risk characteristics to identify pockets of pricing inadequacy and profitability. A dynamic portfolio management tool provides access to Valen's contributory database containing policy level analysis not available elsewhere.
Manage portfolio risk and optimize volume / profit tradeoffs with comparative analysis on book and on industry performance;
Gain market positioning insight by leveraging decision data to act on trends in risk quality compared to actual quoted and bound price levels;
Measure production efficiency over time and against historical benchmarks;
Measure ongoing portfolio profitability goals by geography, segment, business unit, agency, underwriter, or other dimensions of interest;
Avoid selection bias with the broader view provided by Valen’s contributory database rather than relying solely on one’s own data;
Access state-of-the-art visual analytics for real-time model monitoring and performance when using predictive scores at the transaction level, as well as model usage and adoption metrics.