Perr&Knight presents RateWatch, a series of unique and invaluable competitive intelligence reports for management at any insurance organization. RateWatch monitors rate change activity by state for the top 10 insurance groups, enabling subscribers to quickly determine how their strategic rate planning compares with the actions of their competitors.
RateWatch combines data from multiple sources, including competitor rate filings and financial statements, to provide a comprehensive view of rate level changes, market share and profitability statistics in one report. Subscribers save critical time and resources by utilizing RateWatch instead of attempting to locate, aggregate and analyze the data themselves.
RateWatch features:
- Comprehensive rate and profitability analysis for the top 10 groups
- Rate change activity with industry and top 10 group loss ratios
- Five-year history of rate change activity
- Weighted average rate change for the top 10 groups
- Market share information
- Homeowners subscriptions also include separate reports for Condo and Renters insurance at no additional cost
- Personal Auto subscriptions also include separate reports for Motorcycle and Recreational Vehicle/Trailer insurance at no additional cost
RateWatch is available for Personal Auto and Homeowners in all 50 states. Our analysts can create reports for additional personal lines, commercial lines and workers’ compensation upon request. Reports are updated quarterly to ensure that all recent rate activity is reflected.