Guy Carpenter & Co., the risk and reinsurance specialist,has just unveiled GC ProfitPoint+,an integrated portfoliomanagement solution designed to help insurance companies improveprofitability, enhance underwriting performance and drivegrowth.

|

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

|

"With historically low investment returns and lingering weaknessin the economy, insurers are faced with increasing pressure todrive profitability through solid underwriting results. In anindustry predicated on data analysis, insurers often findthemselves inundated with massive amounts of information that isfragmented and, therefore, not easily translated into actionablebusiness intelligence," Andrew Marcell, CEO of U.S. Operations forGuy Carpenter, says in a statement. "By bringing together riskinsights previously assessed in isolation and coupling it withpowerful analytical techniques, GC ProfitPoint+ enables insurers totransform the way they view risk and develop businessstrategy."

|

GC ProfitPoint+ leverages advanced portfolio management andvisualization techniques alongside predictive analytics to performholistic profitability analyses and achieve an optimal portfoliomix. Its mobile-enabled interface delivers a comprehensive overviewof an insurer's portfolio, as well as the tools to help themexamine and compare how different underwriting scenarios may impactprofitability.

|

"A disciplined underwriting strategy is a crucial component ofdriving profitable growth for insurers, now more than ever. Ittakes a careful balance of detailed risk analysis and prudentportfolio-level planning, as well as the insight and perspectivegained by having a clear vision of where you are, where you need togo, and what it will take to get there. GC ProfitPoint+ helpsinsurers reach their long-term business goals and gain acompetitive advantage in the market," John Tedeschi, Head of GCAnalytics-Americas, says in a statement.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.