InsurTech launches broker benchmarking service

analytics-measurement

InsurTech Futures: Ratings agency Gilchrist Standard said the service would help raise industry standards and reduce risks.

InsurTech start-up Gilchrist Standard has launched a ratings and benchmarking service for brokers.

By completing either an online assessment or telephone audit, brokers are measured by Gilchrist Standard against 18 key performance indicators.

The self-described ratings agency said it then applies its own algorithms to the assessment to produce a score and rating for the firm.

Gilchrist Standard also supplies a report that anonymously benchmarks brokers against fellow participants and an

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