Millbrook’s Executive Customers Outline Business Intelligence Strategy to Drive Profitability for Property & Casualty Insurance Carriers

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Millbrook’s Executive Customer Council Identifies Business Intelligence Strategy to Drive Profitability for Property & Casualty Insurance Carriers

Millbrook, the leading business intelligence software provider for property and casualty carriers announced today that following the successful conclusion of the second Millbrook Executive Customer Council Meeting, held in Philadelphia on September 23rd 2009, the members of the Council have created a success roadmap for insurance carriers that are looking to identify key insurance profitability drivers such as competitive pressures and service of claims, and at the same time would like to drive profitable new business growth using parameters such as commissions, pricing and more effective agency planning.

The Executive Customer Council was formed in 2008 as a dedicated forum for insurance executives to discuss opportunities and challenges in the property and casualty insurance industry, against the backdrop of powerful business intelligence solutions that drive business performance and create competitive advantages.

Commenting on the insights generated by his peers during the meeting, John Natale, Vice President of Marketing from Concord Group Insurance Companies said: “Driving profitability is the holy grail in our industry.

The industry veterans that have gathered for this meeting represent years of hard won experiences at both the field and corporate levels. We have all benefited greatly from the insights shared by other member companies as well as from Millbrook’s unique perspective on business intelligence as a practical solution.”

Commenting on the impact of the meeting, John Search, co founder of Millbrook said “the Executive Customer Council has been a real eye opener for us. It is a combination of a strategic council and a journey that enables a continuous dialogue between Millbrook and its customers, focusing on peer exchange of information and best practices from members who bring their own expertise to the table.”

The meeting was attended in person by the following participating members:

  •     Clark Jackson - President & CEO, SJA Insurance Agency
  •     Michael Lancashire - VP Claims, Main Street America Group
  •     Greg Jamison, - VP Underwriting, MEMIC
  •     John M. Natale - VP Marketing, The Concord Group Insurance Companies
  •     Rinaldo (Rey) Perez - VP Information Technology, Triple-S Propiedad, Inc.
  •     Paul A. Rocheford - VP Underwriting, The Concord Group Insurance Companies
  •     Richard Root - VP Operations, Montana State Fund
  •     Al Parisian - CIO, Montana State Fund

About Millbrook Incorporated

Millbrook is the industry leader in providing insurance-specific Business Intelligence and Data Warehousing for insurance companies that seek to gain a deeper understanding of their books of business, become more nimble in pricing and product development, manage their agents, improve workflow, lower claim costs and improve profitability. Founded in 1997, Millbrook’s hallmark is its deep insurance knowledge and unparalleled service provided to its large list of insurance company customers.

More information about Millbrook can be found at http://www.millbrookinc.com.
Contact us at http://www.millbrookinc.com

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Jeff MacMurray
Millbrook
(603) 357-5961
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