02/19/2024 |

Sustema BASE platform proves its worth

These studies have evidenced the fact that Sutema BASE output is valuable to P&C insurers in a number of ways. The process of bringing consistent behavioural analytics insights to underwriters' fingertips provides several tangible advantages in addition to helping improve underwriting performance. These include :

  • Sophisticated entity matching, where legacy data in insurance carrier systems requires cleaning.
  • A view of the universe of potential clients not yet presented to underwriters - and the ability to target “new new” business growth based on behavioural characteristics.
  • Additional criteria for evaluating existing clients and new clients that are presented to underwriters anywhere in the world that incorporate consistent behavioural characteristics.
  • The ability to make ESG data actionable in the underwriting process by linking behavioural analytics scores to capacity allocation recommendations.
  • A significantly improved client engagement with respect to the use of ESG data in the commercial underwriting process, demonstrating commercial insurer's commitment to supporting their clients in their energy transition journey.

Hans Zimmermann, CEO of Sustema, commented on these achievements: “It has been interesting to see the impact of the pilots across different geographies and different lines of business, demonstrating the versatility of Sustema BASE™ output for commercial insurance underwriters. The client feedback received has been invaluable and is guiding the evolution of our innovative SaaS offering.”

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