SambaSafety Offers Commercial Auto Insurers New Insight to Tackle Worsening Loss Ratios
Portfolio Insight Delivers Unprecedented Visibility and Tools to Reduce
"As insurers try to overcome this 10-year loss ratio tailspin, we often hear that loss-control programs don't have sufficient impact or aren't actively used to reduce driver risk," said
Portfolio Insight provides a transparent "source of truth" about driver risk that loss control managers, risk engineers and underwriters can use to increase retention, improve performance and reduce losses. Intuitive dashboards illuminate:
- Driver violations and training
- License status and alert handling
- Crashes and claims
Insurers can also track Qorta utilization to ensure their clients are actively engaged with the system, maintaining a current driver roster and acting on alerts.
Portfolio Insight also offers a panoramic view of a carrier's commercial portfolio across all clients. Dashboards identify macro trends, such as an above-average rate of invalid licenses. Portfolio Insight answers questions about a book of business that can be applied across insureds, such as which violations tend to precede crashes or are most common in different states.
"For both carriers and brokers, Portfolio Insight makes it easy to validate the effectiveness of Qorta driver monitoring as a value-add risk-reduction program and chart a path to commercial auto profitability," Lacey said.
Since 1998,
Media Contact: Kristie Wieland, SambaSafety, 201-452-0350, [email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/sambasafety-offers-commercial-auto-insurers-new-insight-to-tackle-worsening-loss-ratios-301525169.html
SOURCE
Insurance Commissioner Proposes Insurance Discounts for Wildfire Mitigation, says Consumer Watchdog
Northwestern Mutual wealth advisors named Best-In-State by Forbes
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News