Reduce Risk with Complete Information Visibility
The inability to quickly access complete deal correspondence and due diligence information can negatively impact a company's loss ratio and bottom-line results.
Q.Know is helping leading insurance and reinsurance organizations solve their information management challenges. We understand that underwriting companies are looking for simple, yet powerful tools that can be used by every employee to leverage existing investments in people, processes and technology.
And since we came out of the industry, you can be sure we understand your specific issues.
Q.Know Benefits for Insurance Companies
- Reduce Risk Consolidate all deal information into a single view for a "complete" picture. 35% of executives state that loss ratios could be prevented or controlled by 5-7%
- Increase Revenue
71% of insurers believe they could write up to 15% more deals annually with the ability to easily find and track all deal related information
- Eliminate the Paper File Trail
Causes double the work and is near impossible to find five years later
- Address Sarbanes-Oxley, Sec. 404
Provides transparency for every element of a transaction and enables IT to align technology with business goals
- Increase Work Productivity
74% of insurance executives feel that they spend too much time filing and searching for electronic information
- Improve Customer Service
Expedite higher quality quote response while decreasing risk factors
Note: Statistics from Q.Know/Reactions/US Insurer survey, April, 2004. Click here for more information regarding this survey.
Meet Q.Know...
Learn more. Contact us about how Q.Know can reduce your underwriting risk with complete information visibility.
Contact Q.Know today to set up a personalized demonstration of the next generation in information management solutions.
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