Analytics | Read Time: 2 Minutes

Compare Premiums with New Applied Analytics Dashboard

February 25, 2021

By: Sandy Oliver

Competitive industry premium information is crucial when you are seeking to win new business for a small business client or determining whether remarketing an existing client’s policy will be advantageous. The latest release of Applied Analytics® includes a Premium Benchmarks Dashboard, which allows you to show your customers where their current premium falls in the range of comparable policies.

The dashboard provides the power to compare a BOP Policy Premium to the current industry range. The premium benchmarks model is powered by over one million policies, comparing the current policy to policies with similar details in order to win new business or validate with current customers that they remain competitive at policy renewal.

Watch the video below for a demo of this new dashboard.

Visit our product page to learn more about the latest features in Applied Analytics.

Sandy Oliver

Sandy Oliver is the Product Manager for the Data Products Group at Applied Systems. Sandy joined Applied in 2016, bringing her passion for data and 15 years of business and insurance experience with her from the consulting firm she owned that specialized in the business and IT needs of the independent insurance industry.