Top-10 Carrier Selects Marshall & Swift/Boeckh's EnVision Analytics Portal for Commercial Property Portfolio ITV and Exposure Data Management EnVision helps optimize ITV of Building and Contents on Commercial Property Portfolios
MILWAUKEE, Aug. 13, 2012 /PRNewswire/ -- Marshall & Swift/Boeckh ("MSB"), the leader in property intelligence solutions, announces today that a top-10 carrier has selected MSB's newest analytics solution for commercial property insurance. Using advanced analytic techniques, proprietary data, and MSB's expertise in property insurance, the EnVision solution helps insurance carriers improve Insurance-To-Value (ITV) coverage adequacy, exposure data quality, agent/broker performance, and better understand the most and least profitable segments in a commercial property management. Studies conducted by MSB Analytics show that about 45% of U.S. commercial building limits are undervalued by more than 25%. Certain occupancy types exhibited a significantly higher level of undervaluation than the industry average.
"We are excited to see a top-10 U.S. commercial property insurance carrier integrate EnVision into their portfolio management workflow," said Janakiraman Jagannathan (JJ), Director of Analytics for MSB. "This solution will substantially improve a carrier's ability to understand and manage a portfolio's exposure data and ITV. The ability to make better risk management decisions along the insurance value chain leads to better top-line and bottom-line results," said Jagannathan. The actionable insight and demonstrable operational controls helps carriers make stronger reinsurance submissions.
Commercial EnVision joins a growing suite of MSB's industry-leading analytics and property underwriting solutions that enable smarter exposure management and control.
About Marshall & Swift/Boeckh (MSB)
Marshall & Swift/Boeckh, a Decision Insight Information Group company, is the leading provider of building cost information, residential and commercial analytics solutions and book of business management services for property insurance companies, financial services organizations and government entities. Based on the market's most extensive and validated property data, MSB's industry-leading underwriting solutions help insurers properly assess risk, enhance policy pricing and truly understand the properties in their portfolio. Working side-by-side with strategic partners Symbility Solutions, MSB's property data drives Symbility's easy-to-use, cloud-based claims processing and estimating technology, giving the P&C industry a claims solution based on customer service and innovation.
Throughout eight decades of experience, MSB has compiled a strong track record of consistently developing innovative property solutions, analyzing our clients' operations and providing them with the assistance needed to dramatically improve their business results. This track record continues today as we serve as the hub for all of our clients' property needs and work tirelessly to help them maximize their profitability and achieve a competitive advantage.
About Decision Insight Information Group
Decision Insight Information Group, located in the U.S., Canada and Europe, delivers a comprehensive range of information, infrastructure and decision support products and services for financial and legal professionals. Operating at the heart of the property industry, Decision Insight Information Group manages complex information solutions and provides clarity on decision making for buying, selling, conveyancing, financing and insurance. Decision Insight companies include MSB and DataQuick in the U.S., Access Point Information Canada, SearchFlow, xit2 and Decision Insight Hub in the UK, Millar & Bryce in Scotland, Rochford Brady Group in the Republic of Ireland, and Wertweiser, a joint venture with HVB Bank, in Germany. Decision Insight has 1,100 employees in 16 offices. For more information, visit www.decisioninsightgroup.com. Decision Insight Information Group is a TPG Capital portfolio company.
SOURCE Marshall & Swift/Boeckh