Policy Works releases cloud-based analytics for commercial lines

By Kevin Campbell, CEO, Policy Works

Calgary, AB (May 6, 2019) – Accessing commercial lines analytics has been a challenge for insurance brokers. Until now. Policy Works is pleased to announce its introduction of the first out-of-the-box suite of commercial lines analytics that incorporates policy and workflow data.

“For years our customers have been capturing rich commercial lines data in Policy Works,” states Steve Pieroway, VP Marketing & Sales. “With our analytics product, principals and managers have the ability to analyze their book of business from a variety of perspectives.”

The analytics suite of visuals provides brokers with an in-depth book of business analysis, various ways to analyze their relationships with insurer partners, and insights into activity-level performance like producer close rates and certificates issued.

Watch a short video highlighting Analytics in Policy Works.

“It really is the combination of policy and workflow data that gives Policy Works brokers such a rich data set to analyze,” states Susanna Fraser-Kuipers, Director of Partner Services. “What is really exciting is that there is no building or pre-configuring required. Brokers can start using analytics immediately.”

The Analytics module is available as part of the newest release of Policy Works, v2019.2. For more information, visit www.policyworks.com/analytics.

About Policy Works Inc.

Policy Works is the industry’s leading platform for commercial lines business. Building on its vision for linking brokers and insurers to better serve insureds, the company provides a platform where all stakeholders can come together to leverage each other’s strengths. Policy Works believes in the value of the broker distribution channel and is working to ensure it stays vibrant in a changing marketplace. For more information about Policy Works, please visit policyworks.com.

SOURCE: Policy Works

Tags: , , ,