Portal Benchmarq

Know your opponent benchmarking

Why choose Portal Benchmarq?

How can you ensure your settlement offers are optimal? Are you leveraging the power of analytics to its fullest to ensure your indemnity spend is fair and in line with the market average?

Portal Benchmarq offers a transformative view of your data and allows you to visualise your performance not only against opponents but also benchmark yourself against other insurers. Our service leverages MoJ and OIC portal claims data to provide you with actionable insights. Through a series of self-serve dashboards, you will be able to identify problem behaviours and outliers when considering your opponent specific offer strategies.

Portal Benchmarq is your analytics and insights partner.

What does Portal Benchmarq do?

Benchmark against the market

Gain a clear perspective on how your claims measure up against the market and create a clear understanding of your position or areas that require attention. We don’t just show you where you stand, we uncover your competitive edge.

Craft opponent-specific strategies

Draw on detailed insights into opponent behaviours. This nuanced understanding enables you to devise and track negotiation and settlement strategies on an opponent specific basis. ‘Test, learn and track’ with outcomes data uploaded daily. With Portal Benchmarq you can negotiate from an informed position enabling you to achieve fair outcomes and optimise your indemnity spend.

Optimise outcomes through data

Continuously evaluate the efficacy of your strategies with our insights and analytics, to assess effectiveness, refine and enhance results. By embracing a culture of constant improvement, you can ensure that your strategies are not only effective but also evolving with the landscape.

How does Portal Benchmarq work?

Portal Benchmarq is designed as a series of self-serve dashboards to surface insight and key metrics on your MoJ & OIC claims.

Market intelligence and benchmarking

Portal Benchmarq harnesses the power of data analytics to provide compensators with insight into their claims performance compared to the market. This includes access to data, trends and opponent behaviour analysis, providing a clear understanding of their position in the industry, offering a strategic advantage in decision-making.