How MarketStance powers your decision-making

Countless individuals working to improve results in the complex world of insurance are constrained by the prevalence of outdated, misleading and narrowly-usable information.

To counter the negative effects of poor quality data on decision-making, MarketStance has developed and refined a proprietary data collection and integration process yielding the first real alternative to traditional insurance decision making resources. With nSight, the information you receive is:

• Up to Date: reflecting the market as its is today.
• Comprehensive: including data on the broadest available range of measures and dimensions, in an single, unified resource.
• Flexible: accommodating multivariate analyses, big picture views and county-level-single-class probes.
• Relevant: purpose-built for insurance and highly actionable.

The three-step nSight process allows MarketStance to turn data from disparate, often conflicting, sources into useable and reliable information

STEP 1
We integrate data from more sources than anyone else:

• Produces richer, more accurate descriptions of insureds and the market.
• Provides a view of the competitive landscape never before possible.
• Includes sophisticated classification mapping capabilities that correlate data from such sources as:
  • State-level statutory filings.
  • Specific carrier records.
  • Economic Census.
  • County Business Patterns.
  • OSHA.
  • Vehicle Inventory and Use Survey.
• Sequences data with different original measurement periods into “same year” relevance--adding more accuracy, detail and timeliness.

Fills the gaps in, and limitations of, any single source

STEP 2
We analyze this integrated data from the bottom-most level of detail

• Ensures accuracy.
• Identifies the subset of dimensions key to decision-making.
• Reveals information that is:
  • Exposure specific—payroll, employment, property values, sales, vehicles.
  • Segmented—by business class, account size, territory, line of coverage.
  • Retrievable in various classification formats. 
  • More complete, convenient and usable than any other resource.

STEP 3
We validate our information to ensure its reliability and value

• Dozens of automated tests verify computations.
• Cross checks compare MarketStance aggregations to A.M. Best and Census totals.
• Manual checks test MarketStance estimates against independently derived benchmark analyses.
• Client carriers routinely compare MarketStance data to their own.

What does this mean for you? You get high quality, useful insurance information embedded in every MarketStance product and all of our analytical services.

MarketStance can take you from poor sight to nSight—and that means better business decisions for you.


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