InsureRight's portfolio management reporting functionality delivers a first-to-market suite of reports to identify trends, opportunities and threats in the marketplace in near-real time, enabling underwriters, managers and executives to capitalize on market position strengths and opportunities and allocate resources more effectively.
InsureRight's advantages include:
Manage portfolio risk and optimize volume/profit tradeoffs with comparative analysis on your 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.