Improving Your Premium Audit Decision Making with Analytic Tools


In a perfect world, audit managers could predict which audits would collect additional premium and which would return premium to the insured. Unfortunately, we don’t live in a perfect world. Most insurers set the timing of audits using the first-in, first-out method. Or they apply business rules based on the size of the account and, occasionally, the type of exposure. In this seminar, you’ll learn how analytic tools can give you a statistically better way to prioritize your audits. Find out how you can generate more premium dollars faster, optimize cash flow, improve ROI for the audit function, and underwrite policies more effectively.

Target Audience:

Premium audit and commercial underwriting management

Original Presentation Date:
July 6, 2009

Sharon L. Carney
Assistant Vice President
Premium Audit Advisory Service

Janine Johnson
Manager of Analytics
ISO Innovative Analytics