Tools for monitoring and managing risk are becoming integral to insurance sales
Risk management applications are increasingly crucial to establishing the eligibility, rating, and terms and conditions of insurance coverage. Producers must become familiar with them and gain an understanding of their impact on clients.
EigenPrism strengthens a buyer’s negotiating position by providing a pre-underwriting analysis that includes improved data quality, what-if and scenario loss models, and a program stress test. By reducing underwriters’ uncertainties, clients and brokers have been able to improve program terms, conditions, and pricing.
-Eduardo Hernandez | Co-Founder & Head of Business Development | EigenRisk