Key Risk Indicators (KRI) for Insurance Sales Dashboard
KRI (Key Risk Indicators) allows BI professionals from the Insurance area
measure and control business risks.
KRI for Insurance business niche
The KRI for Insurance Sales Dashboard may address such indicators as:
- insurance sales force financial perspective annual salary incentives as % of salary increase in profit per sales executive % increase in training cost operational perspective % of renewed policies to the number of policies sold % of policy lapses or missed payments number of sales targets achieved % decrease in employee turnover customer service perspective number of referrals generated from customers number of customer focused products developed % decrease in customer complaints percentage of upgraded policies education and training perspective number of training sessions number of brainstorming sessions number of motivational training sessions number of quality and feedback initiatives introduced
Why BI and risk specialists from the Insurance should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Insurance Evaluation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
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