Latest News

Insurtech launches in the US after analysing $1bn of premiums Read More

X

VISION for Brokers

Reveal the best placement opportunities and place more business with key partners.

VISION for Insurers & MGAs

Discover untapped market opportunities, increase your efficiency and boost your bottom line.

MatchPoints™

MatchPoints™ uses key data points to intelligently match the right broker risk, with the right insurers, at the right time.

X

Resources

Blog

Keep up to date with the latest industry blog posts.

From cutting-edge conferences to must-attend events, we’ve handpicked the key tech and insurance events to...

Case Studies

Hear how our brokers and insurers use VISION.

As an independent, regional broker, James Brown & Sons has served its Somerset community for...

Newsroom

Read about us in the commercial insurance news.

Broker Insights, the Dundee-based insurtech whose platform helps brokers to better understand their business and...

FAQs

Answers to all frequently asked questions.

Read our most frequently asked questions here.
X

About

Empowering Brokers and Insurers through data-driven decision-making.
Join our Vision for a stronger future in commercial insurance.

Decision Intelligence in Commercial Insurance

Broker Insights Decision Intelligence

Broker Insights VisionTM is empowering brokers and insurers through data-driven decision-making.

In this blog, we explain how our partners use Vision’s ‘Decision Intelligence’ to efficiently explore, simulate, and act on data insights.

Understanding Decision Intelligence

Decision intelligence (DI) is a practical discipline that advances decision making by understanding how decisions are made and how outcomes are evaluated, managed and improved via feedback.

DI begins with a data culture and is a continuous feedback cycle between data, insights and the informed decisions which the insights drive. Decision intelligence helps people make well-informed decisions that lead to better outcomes and continuous improvement.

What is Broker Insights Decision Intelligence?

Broker Insights Decision Intelligence is the key to unlocking market data and redefining the distribution landscape for commercial insurance. Our unrivalled decision intelligence platform Broker Insights VisionTM turns data-driven decision-making into a tangible reality.

Vision uses MatchPointsTM to intelligently ‘match’ renewal risks with insurers’ appetite, to bridge the knowledge gap that exists between brokers and insurers.

Allen Simpson, Director at R K Henshall & Co says:

We had an upcoming renewal for an EP&C risk. MatchPointsTM quickly identified Allianz as the best option for this particular risk. Despite not actively engaging with Allianz for this type of insurance for some time, their appetite for the risk was still there, and we were able to complete our renewal successfully.

What are the results of Decision Intelligence for brokers and insurers?

  • Time saved: Decision Intelligence helps to focus efforts on areas of greatest return, mitigating wasted effort. Focussing on markets with an appetite for particular risks, Vision helps brokers optimise workflows, which can save around 30% of the time spent engaging insurers.  
  • Enhanced pipeline efficiency: Data-driven decision-making highlights the areas to focus upon to achieve commercial objectives. Vision helped regional brokers grow GWP by an average of 24% in 2023.
  • Stronger relationships: By reducing wasted effort, both brokers and insurers move towards more productive conversations, strengthening relationships. In fact, our top-performing brokers are placing over 20% more business with key partners.
  • Competitive advantage: Decision Intelligence is guiding commercial insurance brokers and insurers into a future where decisions are optimised, outcomes are maximised, and every partnership is strengthened through the power of data.

If you would like to discuss how you could benefit from Broker Insights Decision Intelligence, contact Broker Insights. To stay up to date with the latest news, follow us on LinkedIn.

Sign up for Insights in your Inbox

Sign up to receive commercial insurance technology insights straight to your inbox.

Sign Up

More from the blog

Read more from our commercial insurance blog.

View all Blog >

Awards and Accreditations