The insurance industry has always been powered by data, but sometimes this information is hard to come by and that is why Insurance DataLab was born.
Our users are already benefitting from us taking the legwork out of aggregating detailed information on the performance of insurers, Lloyd's syndicates, brokers and MGAs across the UK and Gibraltarian insurance markets – as well as from our added insights and analysis.
Joe Scanlon, a strategic insight analyst for Munich Re subsidiary HSB (our latest partner), said that Insurance DataLab's insights are helping the insurer to make sense of what is an inherently complicated marketplace to operate in.
“The insurance market can be a challenging (and expensive!) place to navigate from a data perspective,” he said. “The publicly available data is often hidden behind financial rhetoric in unstructured reports and many of the proprietary solutions I’ve seen miss the mark on what insurers actually want to know.
"Insurance DataLab’s data hub answers these problems with a wealth of useful market insights delivered through a clean and intuitive user interface.”
Meanwhile, Paul Harvey – the CEO and founder of new motor insurer Adiona – said the data had given his team a unique understanding of the market.
“Adiona’s partnership with Insurance DataLab is focused on benchmarking analysis as part of our regulatory application, with our team using this vital data to further enhance our strategic positioning," he said. “The data is segmented in a way that offers a number of different use cases and it will undoubtedly further support our journey towards regulatory approval in 2022.”
Now, for the first time, you can experience these benefits as part of a 14 day free trial.
The free trial offers access to the full range of data included on Insurance DataLab, as well as the ability to compare your performance against your competitors, and assess the fortunes of your partners, future partners and even potential acquisition targets.
This means you’ll be able to compare:
Solvency positions and underwriting performance for insurers and Lloyd’s syndicates by product line including:
Financial results for the UK’s largest brokers and MGAs including:
Customer experience metrics for insurers, brokers and MGAs including:
As well as a range of industry data focused on pricing and claims trends.
Get in touch now to request your free trial and discover the power of having the right data all at the click of a button.