Risk Analytics & Benchmarking
Data is power–power to make better decisions to protect and grow your organization. Newfront brings data-backed insights to effectively measure, manage and mitigate risk for our clients.
Our Approach
Newfront partners with clients to define your appetite for risk, quantify your Total Cost of Risk, and identify strategies for mitigation and optimization.
Identify Risk Tolerance
Garnering greater insight on key factors influencing decisions, we can collaboratively assess and define your risk appetite.
Quantify Risks & Optimize Program
We analyze the cost components of your program to identify the optimal program structure and financially efficient capital allocations.
Ongoing Guidance for the Future
Continual focus on improving your risk profile and target loss drivers, leading to improved productivity and profitability, unlocking additional capital across your risk portfolio.
The Newfront Difference
Newfront’s analytics aid in creating a risk management framework focused on reducing your total cost of risk, mitigating volatility, and improving capital efficiency across your risk portfolio.
Predictive Analytics
Our robust suite of tools empowers clients with knowledge and insights to track and anticipate emerging risks, navigate program structure considerations, and make better informed risk management decisions. Examples include:
Loss projection & collateral forecasting
Limit adequacy & rationalization analysis
Cashflow structural comparison
Experience mod forecasting & impact analysis
Claims Analytics
Our team is equipped with the latest technology to analyze complex claims trends and model solutions that deliver real results.
Claims health and KPI assessments
Risk metrics customized to your organization across product lines
Improved cost transparency and portfolio-wide performance tracking
Securities class action modeling
Benchmarking
Newfront uses industry, insurer, and internal client benchmarking to support clients in their insurance and Total Rewards benchmarking including:
Dynamic peer benchmarking
Loss performance benchmarking
SERVICE EXPERT
Noemy Rincon
Noemy is responsible for the development of loss analytic, actuarial forecasting, and benchmarking tools for middle market and enterprise clients. Noemy is also responsible for advising clients on alternative risk transfer strategies such as high deductible insurance programs, self-insurance, and captives. She has 15 years of risk analytics experience and was previously VP of Risk Analytics at Lockton.
Explore Our Services
Related articles
Newfront’s AI Hackathon: Unleashing the power of generative AI to de-risk human progress
The Newfront team recently held a hackathon focused solutions powered by AI and Large Language Models, and ... things got a little crazy.
Newfront Ranks Among Highest-Scoring Businesses on Inc. Magazine’s Annual List of Best Workplaces for 2023
Newfront has been named to Inc. magazine’s annual Best Workplaces list, a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company culture, whether operating in a physical or a virtual facility.
Should I Stay or Should I Go? The Ultimate Guide to PEOs—and When it’s Time to Exit
Many small employers use a professional employer organization (PEO) to outsource their HR and finance needs. Newfront provides guidance on PEOs, including what they are, when it makes sense to use one, and why (and how) you might exit one.