Data collection can be a complex and time-consuming process; time can be saved by avoiding re-entering data from manual questionnaires to spreadsheet preparation.Data collection and accuracy can be an “audited” item; an online process allows for the integrity of data and validation of collection procedures.

Systematic collections of renewal data allows improved presentation of information to the insurance marketplace. Data collected accurately allows for variance identification and past trend analysis.

Speed of analysis can be vital and easy lookup on a system makes the servicing of internal clients more cost efficient.

Key Features and Benefits

	Central database application designed to provide companies with the ability to report exposure related data in a secured web based environment.
	Designed to collect pertinent risk characteristics for all operating companies (annual renewal “projected” information & annual audited “actual” information).
	Replaces a paper based Excel collection process that is laborious and prone to input error (omissions, typos), errors = additional premium.
	Increased Data Integrity – The values reported by internal clients are the values used in the underwriting and forecasting processes, eliminating any concerns regarding manual manipulation (intended or in error)
	Department Staff Cost/Time Savings – Department members are enabled to spend more time reviewing the risks as opposed to compiling data.

To purchase this product please contact us at sales@innovativearchitects.com