Insurance
44 KPIs
# Proposals accepted with deviation
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% of claims paid in 30 days
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% of claims where initial liability decision is not made within statutory time frame
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% of claims with documentation needed/missing
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% of escalated insurance claims
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% of fraudulent insurance claims
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% of in-time medical expenses entitlement notices
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% of incorrectly assigned insurance claims
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% of insurance claims handled first time correctly
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% of insurance claims handled within agreed upon time-frame
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% of insurance claims worked on
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% of neglected insurance claims
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% of overdue premium
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% of re-opened insurance claims
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% overdue claims
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%Growth - Net written premium
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Average closure duration of insurance claims
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Average handling cost per insurance claim
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Average handling time of insurance claims
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Average insurance policy size
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Average number of insurance claims per handler
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Average overdue time of insurance claims
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Backlog of insurance claims
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Best Insured / Client GPI Forecast v Actual
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Claim reserves
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Claims forecast versus actual
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Claims solvency (%)
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Closure duration rate of insurance claims
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Combined cost and claims ratio
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Credit Control - Outstanding ratio
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Gross claim paid
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Gross Premium Income (GPI) Forecast v Actual (%)
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In Force Policies to Headcount
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Incurred but not reported (IBNR)
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Loss Ratio (%)
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Net Written Premium
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Not taken up (NTU) ratio
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Number of days open of Insurance Claims
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Number of new insurance policies
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Policy Premium to Personnel Cost
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Policy renewal rate
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Queue rate of insurance claims
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Underwriting speed of insurances
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Worst Insured / Client GPI Forecast v Actual
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Metrics & KPIs