Data is more than a nice-to-have for insurers. In an industry built upon risk, data provides a competitive advantage.
When it comes to actuarial, underwriting, and pricing initiatives, insurers depend on robust data. It’s tough to set competitive rates without knowing how others price their coverage. It’s challenging to assess risks by relying on singular data points. And it’s near impossible to expand into new industries or geographies without getting a glimpse of the marketplace.
Zywave has solutions for these actuarial, underwriting, and pricing tasks for insurers. Our Loss Insight database includes roughly 1 million commercial loss records. Our Market Basket solution provides an enhanced view of personal lines rating data. And ModMaster offers powerful assessment options for Mod scores.
It’s no secret. Zywave’s databases and benchmarking tools provide the juice for insurer data analysis initiatives.
Boost your risk assessment processes with a trove of historical loss data
Ensure your rating initiatives meet the needs of the market
Understand the context behind the Mod score