Best Insurance Analytics Software of 2024

UrbanStat offers more than 20 modules that will help you manage your portfolio, automate underwriting, select the best risks and price more accurately with geospatial data or machine learning algorithms. From high-level portfolio analytics to transactional-level pricing and risk selection, UrbanStat has it all. UrbanStat is your one-stop shop for property underwriting, both in commercial and personal lines. UrbanStat has more than 30 data points for each property in the US, Canada and Europe. A single platform to manage your portfolios across borders. You can integrate with UrbanStat in as little as 4 weeks. We have the solution for you, whether you need to integrate at file system or database level. Integrations with Duck Creek, OneShield, and Guidewire are all readily available. This is our full automation mode. You can set up exposure alerts once, and our technology will notify you if areas start accumulating more exposure.

Compare your group's prescription and medical utilization to one of the most comprehensive normative sets in America. Our advanced analytics can help you identify potential problems. Stop wasting time with spreadsheets. Decision Master®, Warehouse's interactive dashboards, reporting and analytics allow you to quickly find the who, why and whereabouts so you can provide targeted, cost-saving strategies. You can help clients make better decisions by testing different plan design options before they are implemented. You can assess the impact of changes on your client's bottom line as well as their employees' health care costs. Our benchmarking data is derived from the Kaiser Family Foundation and Truven Health Analytics, one of the most comprehensive normative sets in the nation. Explore more than 60 categories including total health plan costs and inpatient and outpatient claims. You can also find information about ER utilization.

RiskMatch has over $130B in-force premium. It is the most comprehensive data platform and analytics platform that provides brokerages and agencies with actionable insights to help them grow their business. It provides better recommendations, identifies revenue opportunities and informs executive decisions, which results in greater growth and better relationships with customers, carriers, and other stakeholders. You have a wealth of data but without the right tools, you could be digging in the dark. RiskMatch can help you unlock your data. These questions are answered by RiskMatch brokers and agencies. They average 7% higher renewals, and cross-sell 1.4 additional products per customer. Analytics in Your Inbox provides account managers and producers with valuable insights into renewal information, commission insights and cross-sell possibilities. You can view your entire business in one place in real-time. It can be accessed by office, producer and product as well as industry, insurer, and premium band.

Distributors who want to increase profitability and satisfy customers with advanced insurance software solutions. Brokers, MGAs, and insurers will have clarity and confidence. Novidea, the insurance software solution for professionals, transforms your data into actionable insights. Your brokers will be able to close more sales and improve customer relations with Novidea's powerful analytics tools and real-time visibility into all aspects of your insurance business. The results of a survey that we conducted among brokers, agents, insurance companies, and MGA's revealed some surprising contradictions. This report highlights how far tech perceptions can be from tech reality and how we can bridge the gap. We are an end-to-end broker and insurance software solution for agencies. This makes it easier to achieve success. One Unified View. 360-degree visibility from the front, back and side offices into the customer journey. Actionable Intelligence. Dashboards, reports, and insights on-demand.