New Ways to Evaluate Appropriate Limits with Client Insight Expert
Advisen today announced the release of Advisen.com 10.4, which includes the launch of Client Insight Expert and improves brokers' ability to advise clients on appropriate limits.
- New York, NY (1888PressRelease) September 10, 2015 - Introducing Client Insight Expert - Client Insight Expert enables brokers to perform more sophisticated coverage needs analysis for clients, thereby:
• Expanding competitive position
• Increasing client satisfaction
• Growing account revenues
• Reducing the potential for E&O exposure
Loss Benchmarking Illustrates Limit (In)Adequacy
By marrying Program Benchmarking with loss data, brokers can now point to specific losses that would penetrate any given limit. Client Insight Expert automatically calculates the % of sample losses and dollar-value exposure for these occurrences.
Advanced Insight into Optimal Market Selection & Carrier Appetite
Which carriers are writing a particular cover? Which carriers favor certain limits or attachment points? Brokers can find these answers using Placement Analytics, which utilizes $200 Billion in Gross Written Premium. Placement Analytics leverages a highly diversified and independent set of policy data for a more comprehensive analysis.
Advisen Product Manager Daniel Hobbs commented:
"We are very excited about this new, powerful analytic that further expands the value of program benchmarking by combining limit data directly with sample peer losses."
See a Demo of Client Insight Expert
On September 24, 2015, join Advisen's Daniel Hobbs and Jeffrey Cohen to learn more about Client Insight Expert and watch a demo. Register for the webinar that will discuss how Client Insight Expert upticks conventional ways that limits are evaluated.
About Advisen
Advisen is leading the way to smarter and more efficient risk and insurance communities. Through its information, analytics, ACORD messaging gateway, news, research, and events, Advisen reaches more than 150,000 commercial insurance and risk professionals at 8,000 organizations worldwide. The company was founded in 2000 and is headquartered in New York City, with offices in the US and the UK.
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