Guy Carpenter Launches Portfolio Management Solution to Help Insurers Strengthen Underwriting, Drive Profitability

Guy Carpenter & Co., the risk and reinsurance specialist, has just unveiled GC ProfitPoint+,an integrated portfolio management solution designed to help insurance companies improve profitability, enhance underwriting performance and drive growth.

Guy Carpenter says GC ProfitPoint+ delivers powerful portfolio planning and point-of-sale capabilities so insurers can set, calibrate and monitor risk management strategy, while enabling line underwriters and agents to make more informed decisions about individual policies prior to binding.

“With historically low investment returns and lingering weakness in the economy, insurers are faced with increasing pressure to drive profitability through solid underwriting results. In an industry predicated on data analysis, insurers often find themselves inundated with massive amounts of information that is fragmented and, therefore, not easily translated into actionable business intelligence,” Andrew Marcell, CEO of U.S. Operations for Guy Carpenter, says in a statement. “By bringing together risk insights previously assessed in isolation and coupling it with powerful analytical techniques, GC ProfitPoint+ enables insurers to transform the way they view risk and develop business strategy.”

GC ProfitPoint+ leverages advanced portfolio management and visualization techniques alongside predictive analytics to perform holistic profitability analyses and achieve an optimal portfolio mix. Its mobile-enabled interface delivers a comprehensive overview of an insurer’s portfolio, as well as the tools to help them examine and compare how different underwriting scenarios may impact profitability.

“A disciplined underwriting strategy is a crucial component of driving profitable growth for insurers, now more than ever. It takes a careful balance of detailed risk analysis and prudent portfolio-level planning, as well as the insight and perspective gained by having a clear vision of where you are, where you need to go, and what it will take to get there. GC ProfitPoint+ helps insurers reach their long-term business goals and gain a competitive advantage in the market,” John Tedeschi, Head of GC Analytics-Americas, says in a statement.

Comments

Resource Center

View All »

Complimentary Case Study: Helping achieve your financial goals By:...

Find out how a Special Investigation Unit used TLOxp to save the company money and...

Do Your Clients Hold The Right CDL License?

Learn about the various classes of CDL Licenses and the industries that are impacted by...

Integrated Content & Communications: A Key Business Issue For Insurers

Insurers are renewing their focus on top line growth, and many are learning that growth...

High Risk Insurance Coverage in the E&S Market

Experts discuss market conditions, trends and projected growth in a rapidly changing niche.

Top E-Signature Security Requirements

This white paper covers the most important security features to look for when evaluating e-signatures...

EPLI Programs Crafted Just For Your Clients

Bring us your restaurant clients, associations and other groups and we’ll help you win more...

Is It Time To Step Up And Own An Agency?

Download this eBook for insight on how to determine if owning an agency is right...

Claims - The Good The Bad And The Ugly

Fraudulent claims cost the industry and the public thousands of dollars in losses. This article...

Leveraging BI for Improved Claims Performance and Results

If claims organizations do not avail themselves of the latest business intelligence (BI) tools, they...

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Tech Digest eNewsletter

Technology related insights for insurance professionals including key developments, solution providers and news briefs from the carrier front – FREE. Sign Up Now!

Advertisement. Closing in 15 seconds.