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Analysis Tools
Imagine the questions that constantly come up in underwriting. Now imagine a single, unified source for the wide range of information you routinely need to underwrite and manage effectively. That's what MarketStance analysis tools provide. But these valuable underwriting tools are far more than a simple compilation of random facts or static insurance statistics.
What They Are
MarketStance information is purpose-built proprietary data. It integrates insurance statistics and business demographics to put up-to-date, comprehensive and highly relevant intelligence on the market for insurance right at your fingertips.
Optimized sets of the potent MarketStance information, these tools enable you to perform multidimensional analysis on various aspects of the insurance business. MarketStance data cubes are driven by the Cognos PowerPlay® software (provided), allowing you to point, click and drag information into interactive, dynamic reports, charts and graphs. That adds depth and detail to support a wide range of important underwriting decisions and functions.
How We Can Help
MarketStance data cubes provide answers that can help:
- Underwriting planning and budgeting
- Track exposures, and adjust underwriting and pricing appetites accordingly
- Risk size evaluations
- Effective application of premium audit resources
- Periodic underwriting appetite reviews
- Gain insights on opportunities
- Manage catastrophe loss potential — or estimate post-CAT losses
- Benchmark rates to insurance industry averages
> What MarketStance data covers
> Available options for insurance statistics from MarketStance
> More about Cognos PowerPlay functionality
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