Insurance Analytics

Quest Marine Quest Automotive

Leading (re)insurance companies use Quest products

The challenge

Efficiency is the key challenge facing the insurance industry

Rates have improved within the insurance market however, loss and expense ratios remain high.

Marine technology, climate change and COVID-19 has changed the nature of risk.

Data and digital technology is underutilised, policies are priced based on historic events and the industry is operating on manual processes leading to unnecessary expense, commoditisation and high loss and expense ratios.

Web-2020-ValueChain_090720_Desktop-VALUECHAIN_lowres
Web-2020-ValueChain_090720_iPad-Pro-11--VALUECHAIN_lowres
Web-2020-ValueChain_090720_iPhone-11-Pro-VALUECHAIN_lowres

Working with Concirrus

The benefits

Data and digital technology is enabling insurers to respond, and they are reporting significant trading advantages.

There is a unique opportunity to launch a comprehensive digital proposition that takes advantage of these trends.

Quest outperforms traditional risk assessment and underwriting techniques in the specialty and automotive insurance markets.

BenefitIcons_Analysis

Improved loss ratios

BenefitIcons_DataDriven

New data-driven insurance products

BenefitIcons_Acquisition

Reduced costs and expense ratios

BenefitIcons_Magnifier

Faster decision making

BenefitIcons_RiskMgt

Reduce the frequency and severity of losses

BenefitIcons_Handshake

Optimise (re)insurance portfolios

Our products

Quest

Enterprise-grade data and analytics insurance platform.

2020-Sectors_Marine-narrow
Quest Marine

Combining multiple behaviour and static datasets to more effectively segment, price and manage risk offers sustainable improvements in loss ratios.

Arrow

Segment and optimise your existing portfolio

Arrow

Ensure compliance (sanctions)

Arrow

Differentiate your marine insurance offering

Quest Automotive Masterbrand Horizontal_Blue

Improved loss ratios through automated processes and a more accurate view of risk for effective selection, pricing and risk management programmes.

Arrow

Get more out of telematics and video data

Arrow

Automated active risk management processes

Arrow

Instant FNOL alerts for faster claims management

2020-Sectors_Automotive-narrow

Unlock the potential of your insurance data

Blueprint: Marine insurance business resilience

HOT OFF THE PRESS:

 

 Our blueprint shares unique insights from leading experts at IUMI, Swiss Re, AEGIS London, Whitespace and others into the consequences of COVID-19 and key considerations for 2021.

Get your copy today by clicking the link below.     

Download the blueprint
MI-Blueprint-Download-Screens-2