Advanced Analytics
FULLY INSURED REPORTING PACKAGE: Loss Ratio & Large Claims Summary
Key Elements: Rolling 12-month review of the following data points:
• Monthly Loss Ratio: premium vs. claims
• Analysis of large claimants
Application: Identify cost drivers, trends and utilization patterns within time period Leverage data to adjust strategy and set pre-renewal goals
Loss Ratio & Large Claims Summary
Reporting Period: 11/1 – 10/31