Detect risks, increase potential
The data pool for commercial lines embraces the sections commercial liability insurance and property insurance. In the pool, data of individual contracts from a number of companies are collected. The data are evaluated using actuarial methods. The validation of the data leads to an enhanced data quality for the participants - and makes it possible to check how reliable one's portfolio is. Furthermore, marketing channels can be analysed. A new perspective of seemingly known things becomes possible. Data analyses, for instance according to region or business group, offer new horizons for product development and pricing. The participants have access to a powerful analytical tool. Regular pool meetings provide comparisons between statistics of the pool and of the German Insurance Association GDV. The pool is sponsored by the reinsurer SCOR.