Underwriting: How to Measure and Improve Efficiency
Underwriting is among the most crucial areas of P&C insurance where efficiency and speed must be closely watched. Underwriting requires… Read more »
How to Evaluate the Size of Policy Products
When evaluating profit goals, the size of policy products can help unveil adjustments to pricing. When all factors total behind… Read more »
Strike Rate: Understand the Driving Factors Behind Underwriting Acceptance
Strike rate is a common term used across many sports as well as in P&C insurance. This rating is used… Read more »
How to Keep Track of Renewal Offers
Renewal offers can make or break an insurer’s predictable revenue. Many strategies can be used to entice renewals, or even… Read more »
What Are the Most Critical Transactions for P&C Insurers?
Each step of the quote to issue process pushes a policy transaction closer and closer to completion. It’s essential for… Read more »
How to Review & Track Revenue with Earned Premium
Earned premium is an essential benchmark for both Statutory statements and routine actuarial analysis. Analysis of earned premium can improve… Read more »
How to Track Renewal Retention Rates & Why It’s Important
Insurance experts have to keep a keen eye on renewal retention rates as maintaining these rates ensures recurring revenue and… Read more »
Loss Triangles: How to Find Ultimate Loss for Financial Statements
Loss triangles are among the most important and trickiest forms of reporting in the insurance industry. Insurance experts aim to… Read more »
How to Measure Written Premium & Annual Growth in Premium Details
Measuring direct premiums gives insurers a clear look at where revenue is coming from. This type of reporting is required… Read more »
Cancel Analysis: Why are Policies Being Canceled?
Why are policyholders canceling? Insurers can find a wealth of knowledge behind the reasons for cancellations while meeting regulatory compliance…. Read more »
