High-Risk Insurance
The Situation
A high-risk insurance company asked us to identify commercial insurance trends regarding underserved insured markets and how it relates to claim numbers. It is a business where intelligence, innovation, and understanding the fitness landscape is key.
I needed a report updated on the state of the commercial insurance industry. Wanda answered every question in a way that made sense. Now I can stay on top of the changing industry to better position products that producing agents want and need.
Our Unique Approach
When you provide high-risk insurance to businesses not served by primary insurance companies, data is the difference. At Access/Information we know that one of the best ways to monitor trends and new developments in the commercial insurance industry is to review Business Insurance, Insurance Journal, and AM Best Reports.
Through a search of our proprietary databases, as well as contacting a number of entities including the Insurance Information Institute (III), we were able to provide information on the property, casualty, and direct insurance industry, including insurance coverage trends and claims information. As a result, the client was able to spot and predict new market bubbles enabling the company to respond faster to industry conditions.