Words of Inspiration
"People want to feel what they do makes a difference."
- Frances Hesselbein
Using our unique methodology our clients are able to:
Improve Broker Performance:
Improve the results of your sales training program by identifying and inviting the right brokers. As a result you could increase the quote ratio of the attendees, which would represent an improvement in the quality of submissions being made to your underwriters.
Facilitate Resource Allocation:
Understand the broker performance drivers and use that knowledge to reduce the cost of new agent training.
Improve Operational Efficiency:
Eliminate brokers that do not meet performance expectations, and add new brokers that match the profile of the successful brokers in your network.
Align Strategy
Adjust broker behaviour to focus on achieving higher levels of policy retention, while at the same time growing their new business policy count.
Evaluate and Manage Brokers
Understand which brokers will deliver the budgeted financial results and focus resources to ensure delivery.
scorePoint™ for Insurance Industry
THE CHALLENGE
Every organization is faced with three critical areas that require management’s attention:
- Increase Revenue
- Reduce Costs
- Mitigate Risk
Many insurance companies face the challenge of managing these issues through an independent broker network. Your ability to attract and retain the brokers that are best suited to your market strategy is complex and requires an analysis of both quantitative and qualitative data on an ongoing basis.
Where you start the process, and the tools you use to manage it, will have a profound impact on the achieving your desired results.
- How do you evaluate and manage the performance of your broker network?
- Have you selected the right metrics to drive optimal performance?
THE SOLUTION
scorePoint™ is a unique, proven solution designed by and for the Insurance Sector. It provides decision makers with a reliable and easy to use performance measurement toolset.
By combining both quantitative and qualitative measures to create a unique Strategic Performance Index (SPI), scorePoint™ virtually eliminates subjective decision-making. As a result, performance measurements are objectively scored and correctly aligned to strategy.
The Catalytics solution combines our proven Strategic Indexing methodology and scorePoint™ software to deliver a robust solution.
The Catalytics solution combines our proven Strategic Indexing methodology
and scorePoint™ software to deliver a robust solution.
BENEFITS of scorePoint™:
- Rapidly identify the performers that are executing on your strategic objectives.
- Actionable reporting and guided analytics drive performance rather than just measure it.
- Improve Communication by focusing your entire organization on the right messages.
- Minimize subjective performance assessment using our Strategic Indexing methodology.
- Set performance expectations through our Joint Planning process.
- Manage performance by Peer group through our unique segmentation capabilities.
- Integrated data management provides access to consistent information.
FEATURES of scorePoint™:
- scorePoint™ is a Microsoft Certified solution that has been developed using the most current technology platforms. It is a secure, highly configurable, web-based application that supports the demands of complex multi-national organizations.
- Integration with existing systems eliminates complex data management routines.
- Create your own unique basket(s) of qualitative and quantitative metrics.
- Quantitative = represents data extracted from your existing systems
- Qualitative = derived from administrator defined questions and answers
- scorePoint™ includes a unique set of reporting and analytical tools that allow everyone in your organization to deliver the same consistent message when touching the business relationship.
Detailed Features:
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Building and scoring a strategic metric basket is straightforward and easy to comprehend
Ready to learn more? Easy ways to contact us:
Tel: 416.238.6374 | Email:info@catalytics.net