Sign in
Set up for Insurance brokers

AI for insights and analytics

AI analytics for insurance brokers

An office retains 92 of 100 clients and 79 percent of the income, because the ones it lost were large and unremarketed. AI analytics reads the policy, renewal and claims files, watches the notice window, and answers the office head's question: which renewals are at risk, and what has been done about them.

Ask it in your own words

These are the questions brokers ask. Each one maps to a measure our tools compute from your files. The AI model chooses the measure and explains the result; the arithmetic is done by our code, and every total is checked.

The questionThe measure behind itWhat comes back
Which renewals are at risk in the next ninety days?Renewal watchClients inside the notice window with no remarketing logged, a slow claim, or a premium jump, by income.
What is our retention by income, not just by count?Retention, count and incomeClients retained over due, and income retained over due, by office and executive, with the lost accounts listed.
Which clients hold fewer lines than their sector norm?Lines held against sector normLines per client against the median for its sector and size, with the gap valued.
How much of each client's placement do we hold?Placement share per clientLines placed by us over lines the client holds, where known, with the gap.
Where has remarketing not happened?Remarketing activityRenewals due with no market approach logged inside the window, by executive.
Are we over-dependent on one carrier in a line?Carrier concentration per linePremium share by carrier per line, with the lines above the threshold.

A conversation, with the figures

Every figure below was computed by a tool from the rows and checked before it was shown. The lines sum; the percentages match; each line opens to the rows that make it.

How much renewal income is at risk in the next ninety days?

Renewal income at risk in the next ninety days is $2.6m across 3 offices, counting clients with no remarketing logged, a claim over ninety days to settle, or a premium rise above ten percent. Central office holds $1.3m, 50% of it.

Central office$1.3m50% of the total
Docklands office$800k31% of the total
Western office$500k19% of the total
The 3 lines sum to$2.6m0 unexplained

Which Central clients?

3 clients hold $970k of the $1.3m at risk at the Central office, 75% of it. Two have a claim still open past ninety days and none has a market approach logged.

Bellway Haulage$420kclaim open 128 days; no remarketing
Fenwick Retail Group$360kpremium up 14%; no remarketing
Orchard Care Homes$190kclaim open 96 days; second largest client
These 3 are$970k75% of Central office

What does the office do this week?

Chase the two open claims with the carriers and start remarketing all three before the notice date. The renewal watch is reviewed weekly until each is either retained or lost with a reason.

Account executivesLog a market approach on all three; chase the open claimsThis week
Office headReview the renewal watch every MondayWeekly
Sales directorReport income retention beside count retentionMonthly
Which renewals are at risk in the next ninety days?What is our retention by income, not just by count?Which clients hold fewer lines than their sector norm?How much of each client's placement do we hold?

The measures behind the answers

Each measure has one formula, one source and one meaning. They are computed per account executive and office and in total, and every one carries an identity that must hold before it is shown.

MeasureFormulaFromWhat it tells you
Retention, count and incomeClients renewed ÷ clients due; prior income of renewed clients ÷ prior income duePolicy ledgerWhether the clients leaving are the large ones
Renewal watchPolicies inside the notice window with no remarketing or review activity logged, by incomePolicy ledger; activity logRenewals drifting toward expiry
Placement share per clientPremium placed by the broker ÷ estimated total programme premiumPlacement ledger; client schedule; estimates by sourceLines placed elsewhere
Lines held against sector normLines placed ÷ median lines for clients of the sector and sizePlacement ledger; client masterClients thinner than their peers
New business against lostNew income won − income lost, per office and executivePolicy ledgerWhether the book is growing or being replaced
Carrier concentration per lineLargest carrier share of premium, per line; top three sharePlacement ledgerDependence on one market's appetite
Remarketing activityRenewals with alternative quotes obtained ÷ renewals over a stated incomeActivity log; quote recordsWhether large renewals are tested before the client tests them
Claims experience against retentionRetention for clients with a claim in the year, by outcome and handling time, against those withoutClaims file; policy ledgerWhether claims service is keeping or losing clients
Income per client after servicingCommission and fees − servicing cost by activityLedger; time or activity recordsClients who cost more than they earn
Book mix per executiveNew income ÷ total income in the book; clients per executivePolicy ledgerBooks that stopped growing

Each measure is worked through, with the export it comes from and what to drop, in Sales KPIs for commercial insurance brokers.

What the AI model does, and what our tools do

The AI model chooses the measure

From your question and the measures declared for insurance brokers, the model picks the one that answers it, and the period and comparison the question implies.

Our tools do the arithmetic

Deterministic code reads the rows, computes the measure, and checks the identities below. The same question on the same data gives the same answer, every time.

The AI model explains, and cites

The AI model writes the sentence around the result, naming the account executive or account behind it. It states no figure that is not in the result, and every figure links to its rows.

The identities that must hold

RetentionDue = renewed + renewed late + lost + pending
PlacementClient premium by line sums to the placement ledger; carrier shares sum to 100 percent per line
New against lostOpening income + new − lost ± rate and exposure change = closing income
Book mixEvery client has one executive

What it reads

The exports brokers already produce. Column names are mapped once and the mapping is reused. A file is the way in; scheduled delivery and connections to your systems come with the plan, and every source is listed here.

  • Policy ledger
  • Activity log
  • Placement ledger
  • Client schedule
  • Estimates by source
  • Client master
  • Quote records
  • Claims file
  • Ledger
  • Time or activity records

Who owns each answer

An answer is a list with an owner and a cadence, or it is a chart nobody works.

MeasuresOwnerCadence
Renewal watch; remarketing activityAccount executives; office headWeekly
Retention; new against lost; book mixOffice head; sales directorMonthly
Placement share; lines against normAccount executives; sales directorQuarterly
Carrier concentration; claims and retention; income after servicingPlacement head; claims head; financeQuarterly

Questions brokers ask about AI analytics

Why income retention rather than count?

Because losing eight clients of a hundred sounds fine until they include the second and fifth largest. Count retention was 92 percent and income retention 79. The tool reports both, and the renewal watch ranks by income at risk, so the office works on the accounts that decide the year.

What signals go into the renewal watch?

The ones in your files: no remarketing logged inside the notice window, a claim open longer than your threshold, a premium change above your threshold, and contact recency. Each is a fact from a file, listed against the client. There is no model score; the thresholds are yours and visible.

Can it see carrier concentration by line?

Yes, from the placement file. Premium share by carrier is computed per line and per office, and lines where one carrier holds more than the share you set are flagged. The figure is a fact about the book; what to do about it is the placement team's call.

What files does a broker need?

The policy or placement file with client, line, carrier, premium and renewal date; the claims file; and the activity log. Income by client turns placements into retention by income. Each file is matched to your columns once and reused.

See it on your data

Bring a few thousand rows. The data map opens next, every column mapped once, and the first question is answered in minutes. Free, in your browser, no account.