4Sight Business Intelligence for P&C Insurance KPIs

Over 150 Insurance Specific Key Performance Indicators

	4Sight uses a number of proven insurance key performance indicators (KPIs) to assess the present state of your business and to prescribe a course of action.
	Examples of these KPIs are new and renewal business retention, loss ratios, loss severities and more.
	Prior to the capabilities of 4Sight, when information had to be manually input and calculated, performance data was often not available for weeks or months.
	4Sight provides the immediate mechanism to get that information out to your users in record time
	Due to the nature of its design, it can be easily extended to add other indicators that you may wish to have.

4Sight Offers many Key Performance Indicators specific to the Property & Casualty Industry as well as to the management and operation of an enterprise solution. Below is a list of a number of KPIs that come with the system on day one:

View Key Performance Indicators by daily, weekly, monthly, year-to-date, inception-to-date, yearly, last three months, last quarter, last 12 months and more ... compare against prior periods

Policy Count	Number of Cancellations	Loss Reserve
Commission	Average Cancellation Premium	Loss Paid
Written Premium	Number of New Business Cancellations	Expense Reserve
Average Written Premium	New Business Cancellation Premium	Expense Paid
Original Written Premium	Avg New Business Cancellation Premium	Salvage
Factor of Manual Written Premium	Number of Renewal Business Cancellations	Subrogation
Manual Written Premium	Renewal Business Cancellation Premium	Incurred
Average Manual Written Premium	Avg Renewal Business Cancellation Prem.	Incurred with Expense
Earned Premium	Policy Retention %	Number of Claims in Litigation
Unearned Premium	Policy Premium Retention %	Number of Claims in Subrogation
Number of Inforce Policies	New Business Policy Retention %	Number of New Claims
Inforce Written Premium	New Business Premium Retention %	Loss Frequency
Average Inforce Written Premium	Renewal Business Policy Retention %	Loss Reserve
Inforce Earned Premium	Renewal Business Premium Retention %	Loss Paid
Inforce Manual Written Premium	Number Midterm Cancellations	Loss Reserve Change
New Business Policy Count	Midterm Cancellation Premium	Loss Paid Change
New Business Written Premium	Average Midterm Cancellation Premium	Average Loss Paid
Average New Business Written Premium	Number Flat Cancellations	Expense Reserve
New Business Original Written Premium	Flat Cancellation Premium	Expense Paid
New Business Factor of Manual Written Prem.	Average Flat Cancellation Premium	Expense Reserve Change
New Business Manual Written Premium	Number of Reinstatement Policies	Expense Paid Change
New Business Earned Premium	Reinstatement Premium	Average Expense Paid
New Business Unearned Premium	Average Reinstatement Premium	Allocated Expense Reserve
Renewal Business Policy Count	Earned Loss Ratio	Allocated Expense Paid
Renewal Business Written Premium	Written Loss Ratio	Average Allocated Expense Paid
Average Renewal Business Written Premium	Expense Ratio (Earned Premium)	Unallocated Expense Reserve
Renewal Business Original Written Premium	Expense Ratio (Written Premium)	Unallocated Expense Paid
Renewal Business Factor of Manual Written Prem.	Combined Ratio (Earned Premium)	Average Unallocated Expense Paid
Renewal Business Manual Written Premium	Combined Ratio (WrittenPremium)	Incurred
Renewal Business Earned Premium	Salvage	Incurred with Expense
Renewal Business Unearned Premium	Salvage Change	Incurred Change
Endorsement Premium Amount	Subrogation	Incurred with Expense Change
Audit Premium Amount	Subrogation Change

Types of Key Performance Indicators