Insurance Company

Systemic fix for inconsistencies between master and local policies that could lead to unintended coverage limits and substantial financial liability

Challenge

• Underwriters struggled to identify critical year-over-year changes in client risk profiles
• Total Insured Value, linesize, administration and occupancy required time-intensive comparison
• Key underwriting inputs existed in disconnected systems—loss histories in claims databases, property values in valuation systems, creating an incomplete picture for decision-making
• High risk of missing critical exposure shifts that could impact pricing decisions

Solution

• Developed an intuitive dashboard integrated into the customer’s platform
• Real-Time Scenario Configuration: Users can configure and preview scenarios quickly using filters.
• Streamlines team analysis, replacing manual Excel workflows with efficient methods.
• Responsive and user-friendly dashboards designed through agile collaboration to meet user needs.

Business Impact

• 40% increase in risk-adjusted premium on a $22M complex submission, secured through improved quote speed across previously time-constrained opportunities,
• 15-45 minutes saved per deal analysis, resulting in faster quote generation and increase in underwriter analytical capacity during peak renewal periods
• Reduction in exposure analysis errors through standardized methodology across teams and deals
• Successful integration with core underwriting systems without operational disruption