Insurance companies are in need of fast, reliable and accurate information to make decisions in an ever changing market. The need to deal with catastrophes, uncertain economic shifts and occasional regulatory demands have become a complex task. KCM Solutions understands these complex tasks and provides a full insurance analytic solution to allow insurers to have better insight into customer claims, reduce underwriting risks and create better policies while meeting the regulated insurance environment.
- Gain greater insight into your business with reports on in-depth claims, payment, reserve, litigation, subrogation and salvage analysis
- Improve efficiency with loss history, medical-only, open claim list and workload reports
Sales and Marketing
- Analyze and flag sales data to capitalise on marketing up-sell and cross-sell opportunities
- Access customer information like policy base, life attrition, financial, property and casualty products to help you meet customer needs
- Monitor workforce analytics to ensure company is impacted positively
- Find employee count by LOB, region, job class, job type, management level and gender
- Track employee hours (regular, overtime, sick and vacation) easily so additional resources can be assigned
- View the current and projected risk exposure by customer type, property type, region, line of business and sales group so hedging strategies can be applied accordingly.
- Consolidate foreign currency into your company’s home office currency as soon as it is approved locally
- Easily calculate Gross Written Premium and more, reducing errors form manual and paper based calculations
- Create dashboards and scorecards so you can get a summary of your business’ performance at any time, from submission volumes to claims backlags
- Drill down to struggling business lines to determine points of improvement