Monday, February 13, 2012
UNDERWRITING PROFITABILITY LEVERAGING POLICY AND CLAIMS DATA TOGETHER
Underwriting Profitability – Leveraging Policy and Claims Data Together
Last year, according to the Insurance Information Institute (I.I.I.), Property & Casualty insurers saw the worst combined ratio since 2001. Underwriting losses were up by $28.6 billion in 2011 compared to 2010. Having a better handle on your company's underwriting profitability can position it appropriately to weather the storm. On Tuesday, February 28, our subject-matter experts will discuss key underwriting and claims analytics which can expose potential profitability pitfalls. Seeing profitability by customer, producer, region, and channel can greatly improve customer targeting and provide better segmentation and pricing. Additionally, our speakers will demonstrate the power of simultaneously viewing policy and claims data to accurately assess your company's underwriting profitability.