Insurer Beecher Carlson unveils data analysis tool Optimize
US insurer Beecher Carlson has released a proprietary casualty analytics platform, Optimize. The suite of support and analytical tools is designed to evaluate underlying variables that have an impact on the total cost of risk, and offers clients loss projections, data integrity validation and both retention and collateral analysis. Atlanta-based Beecher Carlson said it also uses Optimize to manage claims, mitigate future accidents and identify higher cost areas for clients, who will not have to pay for Optimize.

Beecher Carlson Insurance Services L.L.C. said Monday that it has released Optimize, its proprietary casualty analytics platform.

Optimize is a casualty suite of support tools and analysis designed to provide a complete evaluation of underlying variables that have an impact on the total cost of risk, the Atlanta-based subsidiary of Brown & Brown Inc. said in a statement.

Optimize provides clients such services as loss projections, retention analysis, collateral analysis and data integrity validation, Beecher Carlson said in the statement. The broker also said it uses Optimize to identify clients’ key cost drivers, manage their claims, mitigate future accidents, and determine program structures that will deliver optimal results for their organizations.

Clients do not pay an additional fee for Optimize, Beecher Carlson said in the statement.