More than ever before, organizations are leveraging data analytics to better understand their business, their industry, their strengths, and their opportunities for improvement. PMA Companies, through their Risk Control Business Analytics solutions, can bring clarity to the complex world of data. By using cutting edge technology, combined with a collaborative approach and backed by more than 100 years of insurance industry expertise, PMA helps clients improve performance, develop long-term risk control strategies, and reduce frequency and severity of loss.
Using anecdotal information to understand complex systems can leave you with a less-than-accurate view of your organization. PMA Companies Business Analytics examines your data in the context of your organizational processes and outcomes, isolates factors that impact your business, and provides you with the information you need to make informed decisions. Our analysts work with you to determine the most effective cost avoidance strategies, identify your greatest opportunities for improvement, establish long-term goals, and provide you with dashboards and reporting that help simplify complex analytics into compelling visual information.
Identifying potential areas of concern before they negatively affect your business can make a difference to your bottom line. Likewise, understanding what is working well can help you free up resources to focus on other areas of opportunity within your organization. PMA Companies Business Analytics helps pinpoint trends in your data and develop strategies to enhance performance over time. From showing how specific parts of your business perform against industry benchmarks, to providing deep insight into your loss trending, we partner with you to ensure you have an accurate view of how your business is operating.
It takes more than data collection and analysis to solve problems and improve business performance. PMA Companies Business Analytics goes beyond simply presenting you with analysis reports; we help you turn analysis into results. Our Business Analytics solutions include everything you need to more fully understand the factors contributing to your loss performance, and to establish specific plans to reduce your total cost of risk and even prevent losses before they occur.