5.3.4 Product Tab

The Product tab includes reports that focus on the Key Performance Indicators for each Product. The filters for this tab allow the report results to be focused on selected products for comparison and targeted analysis.

The filters include:

  • Time
  • Company
  • Geography
  • Lines of Business

The various reports available under this tab are detailed in the following sections.

Key Product Performance Indicators Flash

This report shows snapshots of current key performance areas against the target.

Figure 5-147 Key Product Performance Indicators Flash


Key Product Performance Indicators Flash

Top 10 Products by Written Premium

This report ranks the top ten products in terms of written premium and their previous ranking. This report can be viewed over various periods, company, geography products, and lines of business selected from page-level prompts.

Figure 5-148 Top 10 Products by Written Premium


Top 10 Products by Written Premium

Bottom 10 Products by Written Premium

This report ranks the lowest-performing bottom ten products in terms of written premium and their previous ranking. This report can be viewed over various periods, company, geography, product, and lines of business selected from page-level prompts.

Figure 5-149 Bottom 10 Products by Written Premium


Bottom 10 Products by Written Premium

Top 10 Products by Policy Count

This report ranks the best performing top ten products in terms of policy counts and their previous ranking. This report can be viewed over various periods, company, geography, product, and lines of business selected from page-level prompts.

Figure 5-150 Top 10 Products by Policy Count


Top 10 Products by Policy Count

Bottom 10 Products by Policy Count

This report ranks the lowest-performing bottom ten products in terms of policy counts and their previous ranking. This report can be viewed over various periods, company, geography, products, and lines of business selected from page-level prompts.

Figure 5-151 Bottom 10 Products by Policy Count


Bottom 10 Products by Policy Count

Top 10 Products by Earned Premium

This report ranks the best performing top ten products in terms of earned premium and their previous ranking. This report can be viewed over various periods, company, geography, products, and lines of business selected from page-level prompts.

Figure 5-152 Top 10 Products by Earned Premium


Top 10 Products by Earned Premium

Bottom 10 Products by Earned Premium

This report ranks the lowest-performing bottom ten products in terms of earned premium and their previous ranking. This report can be viewed over various periods, company, geography, products, and lines of business selected from page-level prompts.

Figure 5-153 Bottom 10 Products by Earned Premium


Bottom 10 Products by Earned Premium

Claim Payment Analysis by Product

This report shows claim payments by-products through a comparison between actual and planned values. This report can be viewed over various periods, company, geography, product, and lines of business selected from page-level prompts. The pie chart shows policy count by current in-time values whereas the line graph represents the values through a time series.

Figure 5-154 Claim Payment Analysis by Product


Claim Payment Analysis by Product

Loss Expense Analysis by Products

This report shows the loss of expenses products through a comparison between actual and planned values. This report can be viewed over various periods, company, geography, products, and lines of business selected from page-level prompts. The pie chart shows policy count by current in-time values whereas the line graph represents the values through a time series.

Figure 5-155 Loss Expense Analysis by Products


Loss Expense Analysis by Products

Loss Recovery Analysis by Products

This report shows loss recovery by-products through a comparison between actual and planned values. This report can be viewed over various periods, company, geography, product, and lines of business selected from page-level prompts. The pie chart shows policy count by current in-time values whereas the line graph represents the values through a time series.

Figure 5-156 Loss Recovery Analysis by Products


Loss Recovery Analysis by Products

Policy Attrition by Product

This report shows policy attritions by Products. This report can be viewed for current performance by different attrition types like cancellation, expiry, and non-renewals. This report can also be analyzed both in terms of lost policy counts and lost written premium. This report can be viewed over various periods, company, geography, Product, and lines of business selected from page-level prompts. The pie chart shows policy counts by current in-time values wherein the line graph represents the values through a time series.

Figure 5-157 Policy Attrition by Product


Policy Attrition by Product

Top Attrition Reasons by Product

This report analyzes policy attrition reasons and ranks them by each attrition reason and by lines of business.

Figure 5-158 Top Attrition Reasons by Product


Top Attrition Reasons by Product

Attrition Analysis by Product

This report analyzes policy attrition reasons by-products and shows attritions through the three key parameters lost policy count, lost premium count, and attrition ratio.

Figure 5-159 Attrition Analysis by Product


Attrition Analysis by Product

Top Ten Regions Analysis

This report analyzes policy business at a regional level and displays top-performing Products and regions. The product and region wise ranking can be further analyzed through the following performance indicators:

  • Written Premium
  • Average Written Premium
  • Bind Ratio
  • Policy Count
  • Quote Count
  • Attrition Ratio
  • Loss Ratio

Figure 5-160 Top Ten Regions Analysis


Top Ten Regions Analysis