In today’s fast-moving world, data is king. Gone are the days when brokerages could afford to rely on manually created, static spreadsheets to make important business decisions.
Instead, harness the power of data. Real-time data analysis puts the power of your management system in your hands. Track and analyze metrics that matter most to your business and make smarter data-driven business decisions to drive productivity, identify the most profitable business opportunities, strengthen market relationships, and provide insights on performance relative to peers.
Why Real-Time Data Matters to Your Business
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Use data to always be in the know
All of the information you need is in your management system – you just have to understand how to use it. Data analytics gives you the tools you need to gain a deeper understanding of your business.
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Focus on the right client and partner relationships
Get data-driven insights that will increase the profitability of your client and partner relationships. Know exactly which lines of business are the most profitable and which partners are the most responsive.
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Run your business more effectively
Optimize employee productivity and make more informed business decisions. Get access to real-time data on employee performance trends, success rates and progress toward goals.
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Know how you compare to your peers
Be more competitive with access to real-time industry benchmark data. Powered by more than a million policies, compare your policies to policies with similar details to see where yours stack up.
What the Numbers Say
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5X
more likely to make faster decisions than their peers
Source: Bain & Company
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20%
more profitable and 110% more valuable than their less analytically driven peers
Source: Gartner
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60%
higher revenue per employee for brokerages that leverage data analytics
Source: Applied Digital Brokerage Annual Report
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When you’re ready to learn more about leveraging advanced insurance software and solutions to build a better insurance business, we’re here to help.