VIPR INSIGHTS, a cutting-edge data analytics and reporting tool tailored for delegated authority teams. Designed to equip underwriters and operational teams with comprehensive insights, it transforms data into actionable intelligence, driving enhanced underwriting results and enables informed decision-making.
- What is VIPR INSIGHTS?
VIPR INSIGHT is a powerful data analytics and reporting solution specifically designed for delegated underwriting, allowing underwriters and operational teams to analyse performance and make informed decisions that enhance underwriting results. - What types of reports can I access with VIPR INSIGHTS?
VIPR INSIGHTS offers a wide range of reports, including Estimated Premium Income (EPI) monitoring, third-party performance scorecards, claims analytics, credit control reporting, premium and claims triangulations, and operational dashboards that measure bordereaux data quality and timeliness, among others. - Can I customise the dashboards to fit my business needs?
Absolutely! While VIPR INSIGHTS provides out-of-the-box dashboards, the platform also allows users to extend and customise these dashboards to meet specific business requirements. - How does VIPR INSIGHTS help improve underwriting performance?
VIPR INSIGHTS offers a consolidated view of the performance of your delegated portfolio, enabling better-informed decisions related to financial and operational performance. Its advanced analytics provides detailed analysis of both operational and financial data, pinpointing underperforming areas and unlocking opportunities for improvement. - Can you name some of the customers who use VIPR INSIGHTS?
VIPR INSIGHTS is trusted by over 50% of our customer base across various regions, including US carriers, Lloyd’s Managing Agents, and Brokers. All these customers aim to enhance their underwriting results by utilising our advanced technology to uncover valuable insights. - How can VIPR INSIGHTS help in claims monitoring and management?
The platform offers comprehensive claims analytics including monitoring claims without policies, assessing reserving accuracy, tracking non-moving claims, comparing earned to incurred, and analysing loss development and triangles. - What does the "Report Bundle" focus on?
The Report Bundle concentrates on five critical areas: Underwriting Performance, Claims Monitoring and Management, Conduct MI, Operational Performance, and Data Quality. - How does VIPR ensure the successful implementation of reports?
The implementation process is a collaborative effort between VIPR and the customer, ensuring success in the short, medium, and long term by aligning with the customer's specific needs and objectives. - Is there a way to try out VIPR INSIGHTS before committing fully?
Yes! VIPR can help establish your best delegated data strategy with potential customer live data to provide insightful data analysis and prove out the capabilities by demonstrating the value. This allows potential customers to engage with the platform and see the value it brings to their overall delegated business strategy and approach. - How can I get a deeper understanding or demo of the VIPR INSIGHTS platform?
You can book a demo with our data analytics experts to dive into the platform and see how it can enhance your analytical capabilities.
With VIPR INSIGHTS, you can access a variety of reports like EPI monitoring, third-party performance scorecards, and credit control reporting. By having visibility you can then Identify underperforming areas and opportunities for improvement with advanced financial and operational data analysis.