NEWS
Article •
January 25, 2024

Is XXX–Do Not Use a Top 10 Carrier at Your Agency?

At the heart of every successful brokerage is accurate and reliable data. Ennabl, a leader in data optimization, helps brokers across North America to enhance the integrity of their data, empowering them to make informed decisions critical to their success. One of the key challenges brokers face is the maintenance of data related to carriers and intermediaries inside of their AMS and other systems.

On the Ennabl platform, we've encountered a staggering $7 billion in premium originally assigned to invalid carriers with names such as XXX--Do Not Use, Traverlers, and Unknown/Invalid. This constitutes more than 10% of the total $65 billion in premium managed by the Ennabl platform. Inaccuracies like these can lead to omissions from contingency agreements, ineffective carrier discussions, and failed strategic initiatives.

Ennabl's cutting-edge platform, supported by advanced technology and a highly experienced team, addresses these data challenges comprehensively. We meticulously clean and standardize information related to carriers, intermediaries, products, lines of business, client demographics, industry classifications, and financial calculations. Ennabl leverages dozens of external data sources to ensure that our brokers’ information is accurate and up-to-date and can support the most critical decisions. Our collaborative approach ensures that every dollar of premium and commissions is accurately categorized and tracked, enabling our clients to achieve their goals and deliver exceptional service to their customers.

In a landscape where growth expectations continue to rise and finding carrier capacity is increasingly challenging, can your brokerage afford to have premium assigned to XXX--Do Not Use? Let us help - Reach out to us at sales@ennabl.com.

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