Quality Planning (QPC), a member of the Verisk Analytics Family of Companies, supplies tools and services that help automobile insurers identify rating errors, recover lost premiums, and minimize future losses.

 

The rating information underlying most private passenger auto insurers' books of business can be seriously flawed. Policy information is often incorrect, outdated, or incomplete. As a result, insurers lose an enormous amount of premium each year.

QPC's studies show that U.S. insurance companies fail to collect about 10 percent of their auto insurance premiums because of rating error. If you can recover even a small portion of that revenue, you can
improve your bottom line in a meaningful way.

The QPC Rating Integrity Solution^TM offers a proven, effective, and economical way to combat rating error. Unlike in-house approaches or other commercial products, QPC combines decades of industry perspective and experience with advanced analytic techniques and exhaustive reference checks. Our Rating Integrity Solution helps you:

• Focus on specific high-value recovery objectives
• Determine the appropriate premiums for your risks
• Create a sustainable competitive advantage

The QPC Philosophy

QPC believes that information integrity leads to decision integrity. You can make consistently good business decisions only if you have complete and accurate information. QPC gives you the tools you need to select risks that meet your company's unique underwriting criteria, price the risks appropriately, and ultimately achieve premium integrity.

For more information, see details on the QPC Rating Integrity Solution, or contact Quality Planning.