Detect risks, increase potentials
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 is collected. The data is evaluated with actuarial methods. The validation of the data leads to an enhanced data quality for the participants - and it allows to check how reliable one's portfolio is. Furthermore, marketing channels can be analyzed. A new glance at seemingly know things becomes possible. Data analyses, for instance according to region or to lines of 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 German Insurance Association GDV. The pool is sponsored by reinsurer SCOR.