Anticipating the direction of the insurance market is critical for making financially sound underwriting decisions, accurately pricing your products, and sharpening your competitive edge. But without solid data, how can you be sure your projections are on target?
ISO MarketWatch® reports can help
These new commercial-lines renewal reports provide a series of indicators that measure the change in voluntary-market premiums (adjusted for exposure changes) for policies renewed by the same insurer group. ISO's new reports are the only source of insurance premium-change information based on a large sample of actual policies — not estimated amounts of premium dollars and exposures.
ISO MarketWatch® reports are a valuable tool for:
- measuring the effect of pricing cycles and confirming market turns in particular areas of the country or in a particular line
- strategically planning business expansion
- supporting your underwriting and actuarial functions
- performing benchmark analysis
ISO releases quarterly information about 120 days after each quarter ends. The renewal reports include multiple years of historical data on voluntary-market business for classes and coverages that require reporting of exposures. You just choose the line of insurance (general liability, commercial auto, commercial fire and allied lines, and businessowners), and we'll send you e-mail with attached Excel spreadsheets containing all the information by effective month/year and state.
And now, to analyze ISO MarketWatch data in more detail, you can get ISO MarketWatch Cube.
For more information . . .
. . . about ISO MarketWatch Reports — or to get in touch with a sales representative — contact ISO. You can also call us at 1-800-888-4476.