Surety: The Need for Forensic Analysis
Our clients underwriting team delved deeply into the accounts of a contractor looking for Surety product solution to its bonding requirement. The team needed information thats current and looks forensically into every aspect of the companys P&L and balance sheet. The data also had to feed the need to be predictive, as Surety underwriters could be on risk for as long as five years.
Our platforms data played a key role in the underwriting management information system that enabled full risk examination, for example aged debtors, cash position, short-term debt and long-term debt.
It also provided the experiment functionality to create highly sophisticated what if interrogations.