Dynamo helped a large syndicate in developing an internal pricing dashboard. With different classes of business using different legacy underwriting systems and models, it was very difficult to report on the results in a consistent manner. We developed an automated data flow system to bring together the different data sources, perform a gap analysis for each class of business to identify shortcomings in either the information collected in the pricing models or where data was not being collected correctly and therefore was not able to be reported on.
The dashboard reported on key metrics decided by the business, including different rate change definitions, renewal rates across policy count and premium count and technical pricing strength. The system is currently being extended to the European entity as well as the syndicate.