Broker performance analysis solution: Analyzing broker performance as an insurance carrier
Most, if not all, large insurance and re-insurance carriers today work with brokerage agencies to grow their books and ensure a healthy stream of business. Depending on the carrier size, they might often work with dozens of agencies spread across the globe, each with its own operating processes and ways of working. For broker managers, monitoring agency performance and working with them to target the right lines of business, suitable policies and the right customers can be a nightmare. The need to be able to quickly analyze broker performance and take corrective actions to meet submissions. As such, underwriting targets is critical. Lumin's Decision Intelligence capabilities make this task considerably simpler. Let’s dive in.
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