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Renewal offers can make or break an insurer’s predictable revenue. Many strategies can be used to entice renewals, or even discourage renewals. Insurance experts are…

Each step of the quote to issue process pushes a policy transaction closer and closer to completion. It’s essential for P&C insurers to stay on…

Earned premium is an essential benchmark for both Statutory statements and routine actuarial analysis. Analysis of earned premium can improve rate making and allows experts…

Insurance experts have to keep a keen eye on renewal retention rates as maintaining these rates ensures recurring revenue and predictability in revenue. A high…

Loss triangles are among the most important and trickiest forms of reporting in the insurance industry. Insurance experts aim to use loss triangles to predict…

Measuring direct premiums gives insurers a clear look at where revenue is coming from. This type of reporting is required and highly useful in many…

Why are policyholders canceling? Insurers can find a wealth of knowledge behind the reasons for cancellations while meeting regulatory compliance. Operations managers, product managers and…

Understanding why there are past losses is the key to preventing future losses. By diving into claims data, insurance experts can narrow down the root…

When an application is bound outstanding, the policyholder has been bound to a policy but payment is outstanding. New underwriting rules and rates must be…