Risk Analytics & Benchmarking
Data is power–power to make better decisions to protect and grow your organization. Newfront brings data-backed insights to effectively measure, manage and mitigate risk for our clients.
Our approach
Newfront partners with clients to define your appetite for risk, quantify your Total Cost of Risk, and identify strategies for mitigation and optimization.
Identify risk tolerance
Garnering greater insight on key factors influencing decisions, we can collaboratively assess and define your risk appetite.
Quantify risks & optimize program
We analyze the cost components of your program to identify the optimal program structure and financially efficient capital allocations.
Ongoing guidance for the future
Continual focus on improving your risk profile and target loss drivers, leading to improved productivity and profitability, unlocking additional capital across your risk portfolio.
The Newfront difference
Newfront’s analytics aid in creating a risk management framework focused on reducing your total cost of risk, mitigating volatility, and improving capital efficiency across your risk portfolio.
Predictive analytics
Our robust suite of tools empowers clients with knowledge and insights to track and anticipate emerging risks, navigate program structure considerations, and make better informed risk management decisions. Examples include:
- Loss projection & collateral forecasting
- Limit adequacy & rationalization analysis
- Cashflow structural comparison
- Experience mod forecasting & impact analysis
Claims analytics
Our team is equipped with the latest technology to analyze complex claims trends and model solutions that deliver real results.
- Claims health and KPI assessments
- Loss causation analysis and trend monitoring
- Performance heat maps
- Securities class action modeling
Benchmarking
Newfront uses industry, insurer, and internal client benchmarking to support clients in their insurance and Total Rewards benchmarking including:
- Dynamic peer benchmarking
- Loss performance benchmarking
*available for most clients
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