The Insurance Industry's Premier Management Consultancy

In a time of unprecedented change, Proscendian helps its clients make bold decisions on their most pressing business needs.

New risks, evolving markets, and rising customer expectations are rapidly adding complexity to the insurance industry. Our unique capabilities, combined with our breadth and depth of experience, enables us to deliver exceptional value in the insurance sector.

Proscendian operates at the intersection of strategy and analytics.

Strategy

Proscendian

Analytics

Focus — Proscendian helps its clients develop successful strategies that improve and sustain profitability.

Assess
  • Benchmark performance against relevant segment competitors
  • Identify key market opportunities with detailed insight on growth and profitability
Build
  • Improve operations and boost profitability to take the lead in both responsiveness and efficiency
  • Leverage talent in higher value roles through technology-driven process improvements
Grow
  • Refine your portfolio quickly and efficiently with proven product designs
  • Design and launch new products in emerging risk areas targeting the most attractive customer segments
Disrupt
  • Innovate business models that move beyond your current state
  • Enable enhancements through digital strategy, IoT capabilities, and an aggressive acceptance of emerging risks

Depth — We are uniquely positioned to bring deep insights into your business by leveraging our large pool of over 3000+ subject matter experts.

Management Consulting
  • Broad experience delivering insights across key insurance themes including: profitable growth, competition, innovation, operations, technology, digital, products, talent, analytics, and capital
Insurance Expertise
  • Deep insurance market and functional expertise in disciplines varying from: all lines of business, actuarial, analytics, technology, CAT modeling, underwriting, claims, regulation, emerging risks, and lean six sigma
Proprietary Assets
  • Unmatched detailed data covering insurance, economic, business, property, government, demographic, firmographic, and IoT data
  • Analytic tools leveraging AI, Machine Learning, and advanced visualization
  • Research on bleeding-edge analytics, innovation, and emerging risks

We're here to help write your success story.

Case Study 1

A large P&C insurer was struggling with deteriorating profitability of its commercial lines book. While this company recognized the problem, their uncovering of the root causes was difficult due to lack of comparative data. Using Proscendian proprietary data and analytics, we conducted a comprehensive review of key lines that identified the underlying issues and action steps needed to reverse the deterioration.

Case Study 2

A mid-market commercial insurer wanted to aggressively expand their product portfolio. However, their ability to expand was constrained by investment funds and management resources — they had to develop a targeted expansion strategy. Working closely with senior leadership, we developed a custom scoring system that identified optimal areas of growth and profitability, giving the insurer the ability to expand into lines and classes that met their appetite and delivered the growth they desired.

Case Study 3

A large auto insurer wanted to drastically increase the profitability of their personal auto business. It had been many years since they last revised their pricing methodology and tools, so they recognized the need for a significant overhaul, but were unsure what the impact of the upgrade would have on their market position and customer book. The Proscendian approach included not only developing a new pricing scheme, but also assisting the insurer in planning, impact assessment and implementation.

Unmatched Data

21B+

7M

64B+

100+

1.3B+

100M