Guy Carpenter releases portfolio management solution

Guy Carpenter this week announced the release of GC ProfitPoint+, a new integrated portfolio management solution for insurers designed to improve profitability, enhance underwriting performance and drive growth.

GC ProfitPoint+ enables insurers to set, calibrate and monitor risk management strategy, as well as improving the quality of information available to line underwriters and agents.

“With historically low investment returns and lingering weakness in the economy, insurers are faced with increasing pressure to drive profitability through solid underwriting results. In an industry predicated on data analysis, insurers often find themselves inundated with massive amounts of information that is fragmented and, therefore, not easily translated into actionable business intelligence,” said Andrew Marcell, chief executive of US Operations for Guy Carpenter.

“By bringing together risk insights previously assessed in isolation and coupling it with powerful analytical techniques, GC ProfitPoint+ enables insurers to transform the way they view risk and develop business strategy.”