Best Insurance Analytics Software - Page 3

Broker Insights Vision™

Broker Insights is a leading provider of data analytics and market insight for the global commercial insurance industry. Our award-winning Broker Insights Vision™ platform compiles and standardises commercial insurance market data, enabling brokers and insurers to work together in a more efficient way. Broker Insights was founded in the UK in 2018, and the company expanded into the US in 2023.

Broking Manager

As a broker, you need to get the right information in your hands as fast as possible and in a manner that is simplified and ready for conversations with clients and prospects. With no need to further translate or transform the information, you can effectively communicate cyber risk to your client when time is of the essence. And in today’s hardening market, you have the technical details you need to substantiate your recommendations. - Financial Loss Model - Risk Transfer Benchmarking - Cyber Threat Model - Streamlined Client Assessments

ButFor

ButFor is a software tool that automates complex/catastrophic business interruption claim preparation.

Captive Owner Platform

Captive Owner Platform by DICEUS is a dedicated portal designed to give captive owners full visibility and control over their insurance operations across one or multiple captives. The platform consolidates premiums, policies, claims, reinsurance, and financial data into a single, unified environment, eliminating the need to rely on fragmented reports and manual tracking. With a comprehensive multi-captive portfolio view, owners can compare performance across captives, monitor cross-captive risk exposure, and identify issues before they escalate. The portal provides real-time insights into financial health, including capital adequacy, solvency ratios, invoices, outstanding payments, and dividends, enabling owners to make informed decisions without waiting for periodic updates from captive managers. Built-in analytics and stress testing capabilities help model different financial scenarios and assess potential risks. Claims and exposure management features offer early warning indicators, loss analytics, and risk concentration insights, allowing proactive risk control and better portfolio oversight. AI-driven insights enhance decision-making by analyzing portfolio performance, claims trends, underwriting results, and capital utilization, surfacing actionable recommendations tailored to each captive structure. Highly customizable dashboards allow users to track the metrics that matter most, while centralized workflows enable seamless collaboration with captive managers and stakeholders. Designed specifically for captive owners, the platform combines multi-entity visibility, advanced analytics, and intelligent automation to improve transparency, strengthen financial control, and support more strategic management of captive insurance operations.

Cognalysis Reserving System™

Cognalysis Reserving System™ contains standard actuarial techniques for estimating reserve levels, as well as statistical techniques to provide guidance for various selections.

Commercial Analytics

The best decisions in commercial insurance aren’t made on instinct. They’re made with the full market picture: what peers are buying, where the losses are landing, and exactly how a program compares to the rest of the market. Zywave Commercial Analytics delivers the commercial risk intelligence that brokers and carriers need to act on data, not assumptions. Brokers walk into every renewal and prospecting call knowing exactly how their client’s program stacks up against peers. What you can do with Commercial Analytics: • Benchmark any client or prospect against 400,000+ insurance programs from the most recent 24 months across premiums, limits, and retentions — filtered by industry, revenue, and more • Quantify cyber exposure with frequency, severity, and limit adequacy analysis before your client asks — powered by 200,000+ cyber loss records • Generate client-ready benchmark reports in minutes, not hours — eliminating manual spreadsheet prep and inconsistent data • Identify coverage gaps and upsell opportunities by comparing clients’ current programs to peer purchasing patterns across 165+ commercial lines • Access the industry’s deepest specialty lines loss database — 1.2M+ loss records across cyber, casualty, D&O, and EPLI — with API access to embed insights into your own workflows

Contact State

Cotality Weather Insight

CoverageShield

CoverageShield is an AI-powered risk management platform built for SMBs with 5-250 employees. The platform reads actual insurance policy documents, analyzes coverage against 2,200+ industry-specific requirements, and identifies gaps before a claim exposes them. Features include AI gap analysis, contract compliance scanning, claims advisory (file vs. don't file calculations), workers compensation intelligence, broker letter generation, renewal preparation, quarterly check-ins, and enterprise risk management across 7 risk categories. Founded by Don Janacek, a 30-year operating executive who lost his logistics company and 135 employees when a carrier denied a claim due to a missing pollution endorsement his broker never flagged. CoverageShield sits exclusively on the insured's side with zero carrier or broker revenue relationships. Independent by design. Plans start at $149/month for founding members. 15-day free trial, no credit card required. Currently serving businesses across construction, restaurants, trucking, manufacturing, healthcare, and 10 additional industries.

Decision Master Warehouse and PlanAdvisor

Earnix

Earnix is the premier provider of mission-critical, cloud-based intelligent solutions across pricing, rating, underwriting, and product personalization. These fully integrated solutions provide ultra-fast ROI and are designed to transform how global insurers and banks are run by unlocking value across all facets of the business. Earnix has been innovating for insurers and banks since 2001 with customers in over 35 countries across six continents and offices in the Americas, Europe, Asia Pacific, and Israel.

EbixEnterprise

EbixEnterprise is uniquely structured-in Business Blocks, allowing you to change coverage categories as your book of business changes. And every block is built on the powerful EbixEnterprise Claims LX Foundation, with online enrollment and eligibility management, remote access capabilities, and advanced reporting and business intelligence.

Experian Claims Underwriting Exchange (UK)

The Claims and Underwriting Exchange (CUE) is a comprehensive database managed by Experian, containing records of insurance incidents reported by policyholders in the UK, Channel Islands, and Isle of Man. Established in 1994, CUE aims to combat insurance fraud and misrepresentation by maintaining detailed records of incidents that may or may not lead to claims. It encompasses data on home, motor, and personal injury claims, with records retained for six years for home and motor incidents and indefinitely for personal injury cases. Key Features and Functionality: - Extensive Data Coverage: CUE includes incidents related to buildings and contents policies (CUE Home), private car and motorcycle policies (CUE Motor), and personal and commercial policies for personal injury claims (CUE Personal Injury). - Fraud Prevention: By providing insurers access to a centralized repository of claims data, CUE helps identify patterns of multiple claims and detect fraudulent activities, thereby reducing the risk of insurance fraud. - Industry Participation: The database is supported by insurers representing over 95% of the household market and 65% of the motor market, ensuring comprehensive and up-to-date information. Primary Value and User Benefits: CUE serves as a vital tool for insurers to verify the claims history of policyholders, enabling more accurate underwriting decisions and premium pricing. By mitigating the risk of fraud and misrepresentation, it helps maintain fair premium rates for honest policyholders. Additionally, the database streamlines the claims process, leading to faster and more efficient service for both insurers and customers.

Experian iCache (UK)

Experian's iCache is a real-time data enrichment platform designed to provide businesses, particularly in the insurance sector, with immediate access to accurate and comprehensive customer information. By integrating iCache, companies can enhance their decision-making processes, offering instant and precise quotes to consumers, thereby improving customer satisfaction and operational efficiency. Key Features and Functionality: - Real-Time Data Delivery: iCache processes and enriches over 15 million transactions daily, ensuring that businesses have access to up-to-date information when they need it. - Comprehensive Data Sources: The platform aggregates a wide range of data, including ID verification, fraud risk assessments, credit information, and automotive data, providing a holistic view of each customer. - Seamless Integration: iCache delivers enriched data through a single API call, allowing businesses to accept customers and provide quotes efficiently without the need for multiple data sources. Primary Value and Solutions Provided: iCache addresses the growing consumer demand for instant and accurate online services by enabling businesses to offer real-time, competitive quotes. It reduces the risks associated with inaccurate or fraudulent information, enhances profitability through precise underwriting, and improves customer retention by streamlining the application process. Additionally, iCache aids in understanding an individual's financial status, allowing businesses to assess affordability and tailor their offerings accordingly.

Experian No Questions Asked (UK)

Experian's No Questions Asked (NQA) Home Insurance Loss Model revolutionizes the home insurance quoting process by enabling insurers to generate accurate quotations using only the property's address. This innovative model delivers expected loss costs for 12 common home insurance perils—including fire, theft, escape of water, and accidental damage—for both contents and buildings insurance, all within milliseconds. Key Features and Functionality: - Minimal Data Input: Generate precise insurance quotes with just the property's address, eliminating the need for extensive questionnaires about the property and its occupants. - Comprehensive Peril Coverage: Provides expected loss costs for 12 home insurance perils, ensuring thorough risk assessment. - Real-Time Data Delivery: Utilizes up-to-date, property-level data, enriched by your claims data, and delivers information via API directly to your pricing engine. - Additional Insights: Offers underwriting flags, confidence scores, probability of renewal, and other valuable data points such as dynamic flood alerts and Flood Re Premiums. Primary Value and User Solutions: The NQA model streamlines the insurance quoting process by removing the burden of complex modeling and extensive data collection. Insurers can provide instant, accurate quotes, enhancing customer experience and operational efficiency. This approach also opens opportunities for direct-to-consumer sales, fostering stronger customer relationships and enabling cross-selling opportunities, such as offering motor insurance based on existing address details. Additionally, the model simplifies internal operations by consolidating data sources and eliminating setup costs, as insurers only pay when a policy is sold.