Learn more about ProfitCube®, Pricagon and Quotagon system features and capabilities, click the link(s) below:
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Benefits
- Leverage a large pre-packaged library of underwriting measures, dimensions, and reports
- Price new and complex programs more effectively
- Closely monitor reinsurers, MGAs, and TPAs
- Closely monitor submissions and quotations with win/loss percentages
- Closely monitor exposure concentration
- Closely monitor quote win ratios for new and renewal business
- Closely monitor distribution channel, quote outcomes and incumbency
- Correlate quote/submission outcomes with distribution channel incumbencies, industry groups, coverage and geography
- Closely monitor and better forecast renewal and lapse rates
- Generate comprehensive segment, state, branch, account, and underwriter reviews
- Analyze detail premium
- Quantify underwriting inputs and their impact to price
- Better understand portfolio mix and its impact on profitability
- Avoid noncompliant transactions
- Drill around with powerful sets of calculated measures
- Find the root cause of change in summary numbers
- Specific underwriting measures for Healthcare
Features/Highlights
- Access to the detail behind the summary
- More accurately price based upon risk
- Large pre-packaged library of measures, dimensions, and reports
- Premium components
- Exposures and audited exposures
- Limits and retention
- Gross, ceded, and net analysis
- Monitor underwriter input and its impact on price
- Multidimensional Profit and Loss (retrospective and prospective)
- Registered and priced counts and amounts
- Create profitable new programs
- Underwriters, Branches, Divisions and Business Units, Programs and Accounts
- Integration of submitted, priced, registered, and incurred amounts to the policy and claim detail
- Detailed data for all business partners including Reinsures, Brokers, MGAs and TPAs
- Account, program, industry groups
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