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Case Studies


Increasing Profitable Revenues Using Millbrook (A Case Study with The Philadelphia Contributionship) The nature of property and casualty insurance demands that premium growth be orchestrated in such a way that it results in a greater bottom line profitability to the company. Too often, we hear about companies who grow at a rapid pace, only to find later that the business they put on the books hurt them, rather than helped them financially.

Millbrook Drives Strategic Decisions for New York State Insurance Fund PROBLEM SOLVED: NYSIF was having difficulty obtaining reliable, useful and timely information to drive strategic decisions. In many cases, obtaining this information was impossible. Several disconnected legacy systems contained information about our insurance policies and claims.

Cases in point: Penn Mutual Insurance / Millbrook Oh, those pesky boards of directors. They're always asking, "Why, why, why?" They want to know why the company is losing money on policies in Delaware and New Jersey but not in Virginia and Maryland. They expect you to come up with the answers to those questions without a 500-page report. They want it short, sweet, and direct. And they want it now.

Insurance & Technology: 2003 STATE OF THE INDUSTRY REPORT Financial Systems: Drilling Down in Oklahoma Although Oklahoma Farm Bureau Mutual Insurance Co. (OKFB) initially installed its data warehouse to support actuaries, it is having big payoffs for all business users who need access to financial data.

Insurance & Technology: 2003 STATE OF THE INDUSTRY REPORT Financial Systems: Responding to the Triple Whammy The insurance industry has been hit with a triple whammy over the past couple of years: a bad economy that hurts investment income, more scrutiny on financials from regulators, and more regulations in all lines of business. And things are not likely to get any easier.

Frequency vs. Severity – learn how the CEO of a multi-line carrier determined the cause of an increase in losses and prevented a change in rating.

Policy Pricing – learn how a large carrier reevaluated its underwriting practices and the appropriateness of discretionary discounts, resulting in a refined pricing strategy.

Inflated Case Count per Examiner and the Bottom Line – learn how a large carrier managed and eliminated abnormally heavy caseloads.

Visit Articles of Interest to find links to several magazine articles that Millbrook has been featured and referenced, as well as other industry related articles.