Monitor new products immediately. Review market performance period over period. Identify areas for adjustment. Compare market segments for profitability.

The iPartners Scorecard is a dynamic solution that provides the information underwriting needs to monitor the business being written from a variety of different perspectives through a simple, intuitive interface.

You have instant access to premium and loss information and you define the report parameters through an easy selection process. The system allows you to view data like policy experience by individual producer, by line and by state. You can track loss ratios by line, state, policy form or classification allowing you to make decisions like limiting or spreading your property exposure in areas prone to hurricanes or fire, adjusting policy terms or, exiting a market that is not performing as expected.

Underwriters are able to instantly pull information on a specific type of risk like commercial property with policy limits over a certain threshold and with renewal dates in a defined timeframe. They would then be able to quickly determine the overall exposure in this category and the current loss ratios and if necessary order pre-renewal inspections.

Regular on-line audits can be performed to validate that underwriting guidelines for risks that have certain loss ratios with experience factors greater than a specified amount are having additional underwriting reviews completed or more frequent loss surveys done. With just a few simple keystrokes the solution can identify the universe of risks within certain parameters, and then, using the drilldown feature, you are able to review detailed data on individual risks.

Mapping capability is built in, so you can see information like policy and/or premium volumes generated by product or line in specific geographic territories. This tool provides underwriting with an easy method to monitor the exposure that is being assumed in a region, state or county where it is important to limit growth. Alerts can be set to notify you if you are approaching the maximum threshold and you can advise your distribution channel that you are no longer writing a particular line of business or coverage in that area until further notice.

Graphs are easily generated that can provide you with a quick visual. These graphs can be used in a variety of ways like viewing new product performance compared to existing or similar business during the same timeframe or comparing business generated by agents, producers or brokers.

The system can identify trends like sudden changes in the frequency, duration and outcome of medical claims in a specific industry and/or class.

A new program can be monitored for sudden or unexpected changes in premium volume or, a sudden influx of claims can easily be identified and tracked to determine if it was just an unusual occurrence or if a negative pattern is developing.

Bottom line, with iPartners you will have the information you need to build your business and execute on strategies with increased precision.

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