Insurance Benchmarking Report
Benchmarking Report Bundle
Which metrics, or KPIs, are included in this report?
This 20-page benchmarking report includes benchmarking data for 8 insurance performance metrics, or KPIs, including Claims Processing Cycle Time, Loss Ratio and more. Each KPI in this report includes a chart outlining high-to-low performer data, a detailed KPI definition, calculation instructions and a summary of high-performing company attributes. Stop operating in the dark - benchmarking is a major step in identifying potential improvements within any bank. This report will give you a head start that you can't find anywhere else.
- Claim Settlement Cycle Time (Life)
- Claim Settlement Cycle Time (P&C)
- Combined Ratio (P&C)
- Cost per Application (Life)
- Cost per Claim (P&C)
- Loss Ratio (P&C)
- New Policy Issue Cycle Time (Life)
- Underwriting Expense Ratio (P&C)
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