Empowering Decision-Makers with Insurity Analytics

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Empowering Decision-Makers with Insurity Analytics

Drive Growth and Profitability

Insurity Analytics offers a cloud-native, open data analytics platform specifically designed for the Property and Casualty (P&C) insurance industry. By leveraging a proprietary Data Hub that taps into the $109 billion premium Valen Data Consortium, Insurity Analytics empowers decision-makers with data-driven insights delivered in a timely and contextually relevant manner. This capability enables P&C insurers to drive growth and profitability by making informed decisions based on predictive analytics.

Industry-Leading Results

Insurity Analytics has consistently delivered exceptional results to its customers, with a track record of achieving 3 times the industry average growth rate over the past 5 years. Additionally, customers have experienced significant improvements in profitability, with 3-10% better loss ratios and 5% decreases in claims costs compared to industry averages. This demonstrates the tangible impact that Insurity Analytics can have on driving growth and optimizing operational efficiency for P&C insurers.

Enhanced Speed and Insight

By leveraging robust geospatial analytics, AI-powered predictive models, and access to the industry's largest network of open data providers, Insurity Analytics enables P&C insurers to achieve a 25-40% faster speed to quote. This not only accelerates decision-making processes but also allows insurers to gain valuable insights more quickly, leading to improved customer service, competitive advantage, and overall operational efficiency.

Empowering Underwriters

Insurity Analytics empowers underwriters within P&C insurance companies to make data-driven decisions that are crucial to driving competitiveness, enhancing profitability, and fostering a data-first culture. Leading insurers such as Frank Winston Crum Insurance, Markel, UBIC, and LUBA Casualty have benefited from Insurity Analytics by leveraging faster and stronger underwriting decisions to stay ahead in the market and improve risk selection and portfolio performance.

Innovative AI-Driven Insights

Insurity Analytics is powered by AI-driven insights that enable P&C carriers to forecast the future and react in real-time to changing market conditions. By leveraging predictive models and advanced analytics capabilities, insurers can make informed decisions, identify emerging trends, and proactively manage risks. This innovative approach allows insurers to stay agile, competitive, and well-positioned to capitalize on new opportunities in the dynamic P&C insurance landscape.

Comprehensive Features

Key components of Insurity Analytics include 'Insurity Predict', which provides immediate, data-driven insights for quoting and renewing business using predictive models. The platform also includes a 'Data Hub', the foundation of Insurity Analytics, powered by Snowflake, which integrates data from over 50 third-party data sources. This extensive data network, including partners like Valen Analytics, SpatialKey, Maprisk, and DataHouse, ensures that insurers have access to a wealth of information to make well-informed decisions and drive business growth.

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