In today's marketplace of increased competition and more informed consumers, there is huge pressure on price. Today's insurance marketplace is more complex and competitive than ever with huge pressure on premiums across all sectors.
Complex triangulations and cumulative ‘as at’ calculations are standardised and centralised within the cube, and available for simple selection within client XLCubed reports and analyses. Policies, premiums, risk positions, claims and payouts can be monitored on a granular level, while powerful ranking and filtering capabilities enable easy tracking of underperforming brokers and unprofitable clients.
Increased data visibility and accessibility helps ensure regulatory compliance, and helps track and identify irregularities and potential fraud. XLCubed gives analysts the flexibility they need to understand complex data, and make better decisions faster.