Broker Performance Review

Focus on the channels that drive profitable growth

Insurance distribution is only as strong as the brokers who deliver it.

Monthly cycle close: First business day after month-end premium data is finalized
Quarter-end deep dive: More comprehensive analysis including year-over-year trends
Broker scoreboard ranking all brokers by GWP, hit ratio, and loss ratio with variance to target
Submission funnel metrics showing quotes submitted, quoted, bound, and declined by broker

Northwind Insurance Brokers

Monthly review • Contract renewal in 90 days

B+
GWP YTD
$4.2Mvs $3.8M target
Hit Ratio
24%target 30%
Loss Ratio
58%
Submissions
847
Quote-to-Bind Trend-3pts vs prior
Performance Notes
GWP on trackHit ratio decliningReview pricing

Built for brokers
who win every renewal

Insurance distribution is only as strong as the brokers who deliver it.

Account Managers

Deep, consistent analysis

Broker Liaisons

Sales Directors

Strategic oversight & escalation

Retention Specialists

Domain expertise

From alert to action in minutes

The objective of this agent is to increase profitable premium through optimized broker engagement.

Step 1

The Trigger

You define when the agent should activate. When conditions are met, it starts working automatically.

  • Monthly cycle close: First business day after month-end premium data is finalized
  • Quarter-end deep dive: More comprehensive analysis including year-over-year trends
  • Ad-hoc request: Sales leadership requests a mid-month check on specific regions or segments
Step 2

360° View

The agent opens a tailored dashboard consolidating data from all your systems.

  • Broker scoreboard ranking all brokers by GWP, hit ratio, and loss ratio with variance to target
  • Submission funnel metrics showing quotes submitted, quoted, bound, and declined by broker
  • Quote-to-bind conversion tracking hit ratios by broker, product line, and customer segment
Step 3

Automated Analysis

The agent follows a structured analysis flow, combining checks with exploratory reasoning.

  • Production assessment: Ranks brokers by GWP contribution and calculates variance to target, identifying those exceeding quota and those falling short by more than 10%.
  • Conversion analysis: Evaluates hit ratios across brokers to identify those with strong quote-to-bind performance versus those losing too many opportunities.
  • Loss experience review: Flags brokers whose trailing 12-month loss ratio exceeds thresholds (e.g., 65%) or shows deterioration of more than 10 points.
Step 4

Actionable Output

After analysis, the agent creates a human-friendly report with everything your team needs.

  • Executive summary: One-paragraph overview of portfolio performance, highlighting key wins and concerns
  • Top performers list: Brokers exceeding targets with recognition recommendations and potential for increased capacity
  • Underperformers requiring action: Brokers missing targets with specific engagement recommendations
Step 5

Delivery

Reports are sent automatically via email or accessed directly in Veezoo.

Key benefits for sales teams

Concrete, measurable value for your team from day one

Fast Action

Faster review cycles

Before: 2-3 days to compile broker performance data from multiple systems. Now: complete analysis delivered the morning after month-end close.

Lower Loss

Earlier intervention on losses

Catch brokers with deteriorating loss ratios 3-6 months sooner, potentially avoiding 5-10% of preventable loss development.

Key Benefit

Quantified engagement recommendations

Move from "we should talk to this broker" to specific actions: increase capacity, require underwriting review, or schedule business review.

Up and runningin production in weeks

To deploy this Agent, you connect Veezoo to your existing Data Warehouse, typically containing data from:

Policy Administration System: Bound policies, GWP, new business vs. renewal, product line details
Quote/Submission System: Submitted quotes, quoted amounts, decline reasons, turnaround times
Claims System: Incurred losses, claim counts, frequency and severity by broker
Broker Master Data: Broker profiles, assigned territories, production targets, tier classification
Premium
Loss Ratio
Retention
Growth
Broker
Commission

Ready to explore Broker Performance Review?

Fully customizable to your workflows, data sources, and business requirements.

Typical initial implementation in weeks, not months.