Turbo-charge your underwriting performance with digital data cleansing
Digital transformation in the underwriting processes offers real and tangible advantages for reducing costs and increasing efficiency in your business. In an increasingly competitive landscape strategically applying digital methods to existing processes delivers an edge over those who don’t.
At Pro Global, we’ve been providing data cleansing services to major carriers for over a decade and are fully aware of the challenges facing the market. These include unpredictable events, increasing regulation and competition; alongside the drive to price quotes more quickly and accurately, while managing risk exposure and improving expense ratios.
With this in mind, Pro Global has developed a unique platform to support and optimise the data cleansing journey, essential for improved speed, accuracy and data quality.
Our data cleansing platform is initially focused on cleansing the SOV data for land based property risk that feeds your catastrophe and exposure models, transforming the speed and accuracy of the data; the fuel that powers your proprietary modelling outcomes.
Your Challenges
The speciality (re)insurance market is challenging enough without having to worry about - and be distracted by - poor data quality and reliability. Every year, the insurance sector manually cleanses (and re-cleanses) data from millions of exposure schedules or Statements of Value (SOVs). This key stage in the risk management journey is operationally inefficient and expensive.
Our Solution
The team at Pro Global are here to help by doing the heavy lifting for you, in terms of cleaning and validating your data, so that you can focus on what matters.
With our augmented software platform, we turbo charge the data cleansing process and the quality of data output. We can provide multiple outputs for different model input formats from one cleanse, setting the new standard for data cleansing.
Organisations that succeed, focus their resources on where they are bring most value. So why not refocus your resources and let Pro Global’s Exposure Management Service team do the heavy lifting on your data cleansing requirements.
Contact us now to discuss your needs further or to arrange a demonstration.
Contact us now for an initial chat:
Richard Emmett
Head of Insurance Services