Pricing trends by premium size, state, and line of insurance
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 competitive data, how can you be sure your strategies are on target?
ISO MarketWatch allows you to analyze pricing trends and market cycles by premium size, state, and line of insurance. Unlike other surveys often used to monitor premium changes, ISO MarketWatch uses actual rate changes from matched policies drawn from nearly 4 billion records reported to ISO from 800 commercial insurers.
ISO MarketWatch reports are a valuable tool for:
- measuring the effect of pricing cycles and market turns by premium size, state, and line of insurance
- strategically planning business expansion
- supporting your underwriting and actuarial functions
- performing benchmark analysis for pricing and reserving
The reports now also include detailed results by premium size. The information is quickly available for you to analyze market cycle trends and the latest monthly and quarterly rate changes at a detailed level. You can also investigate state competitive indexes by line and subline.
For more information about ISO MarketWatch reports