For commercial insurance brokers
Which clients place one line with you and three with the street. Which producer has not remarketed a renewal in two cycles. What the whole book is worth at full placement. From the policy system you already run.
Brokers grow by winning the lines a client places elsewhere. Covirage shows every client's placed lines against what a client of that type usually holds, and values the gap at your commission rates.
Property, casualty, D&O, cyber and more, per client, against the segment norm.
Renewals with no remarketing activity, by producer, ranked by premium.
Book by producer equals written premium in the policy system.
Three steps, in this order.
Clients, lines, premium and producer from the policy system.
By client type and size. Defaults provided.
Each producer gets their placement gaps. The office head gets the roll-up.
Short answers. The Help centre has the long ones.
Any export with client, line, premium and producer. Applied Epic and Acturis exports work as they are.
Client IDs only. Names stay in your system.
Yes. Placement by carrier is a dimension, so you can see concentration as well as gaps.
Analytics software for insurance brokers, compared · Alternatives to named products
Written for this desk: the measures, the data you already hold, and the arithmetic.
How a commercial insurance broker measures the share of premium placed with each carrier per line of business from the placement ledger, why a concentrated line is both a leverage point and a risk, the trend that shows a market quietly taking over a line, and the clients whose whole programme sits with one carrier.
16 Sept 20262 min readHow a commercial insurance broker joins the claims file to the placement ledger and the renewal outcomes to see how claims experience affects retention: loss ratio per client per line, the clients whose ratio moved past the carrier's appetite, the clients with a large open claim inside the renewal window, the historical non-renewal rate by claims band from the broker's own book, and the remarketing list ranked by both the risk and the premium.
16 Sept 20263 min readHow a commercial insurance broker analyses the business it lost at renewal from the placement ledger and the renewal outcome file: lost premium by line, by carrier, by account executive and by stated reason, the share lost to a named competing broker, the clients lost after a remarketing exercise against those lost without one, and the pattern that says whether the book is losing on price, service or coverage.
16 Sept 20262 min readHow a commercial insurance broker measures each account executive's book by where its premium comes from: renewals, growth at existing clients, new clients, and the split of new clients by source, from the placement ledger and the client master. The executives whose books are all renewal, the ones whose new business does not stay past the first renewal, the norm from the broker's own attainers, and the two questions the mix answers about hiring and about pricing.
16 Sept 20262 min readA method for commercial brokers to measure placement share per client from the policy system: lines placed with the broker against lines the client holds, the renewal watch by producer, and the premium reconciliation that makes the book tie to the ledger.
16 Sept 20263 min readHow a commercial insurance broker builds a ninety-day renewal watch from the policy system and the activity log: every policy expiring in the window, whether remarketing activity has been logged, ranked by premium per producer, and the reconciliation that keeps the watch honest.
16 Sept 20262 min read