Group Market Share compiles and manages a database of detailed market performance statistics supplied by group insurance companies. Participating companies access the data through Retego’s patented, interactive web-based data mining system. With this data, participating companies can identify areas of competitive advantage, build on successes and maximize profitability and growth.
Each client company gets access to powerful market information while confident that the data they provide and their own competitive performance statistics remain anonymous. Our patented software prevents any company from drilling into the database to a point where they could isolate the market position of any other specific contributing company. Reports and analytics never list data by individual company.
From actuarial to sales and marketing, insurance companies are using Group Market Share to answer questions about rating, plan design, broker coverage, and sales strategy.