Cloverleaf Analytics partners with actuarial consulting firm Streff

Business intelligence (BI) and analytics solution provider Cloverleaf Analytics announced a new partnership with Streff Insurance Services (Streff), an independent actuarial consulting firm primarily serving P&C insurers.

Streff has a growing client base of regional mutual insurers, self-insurance funds, and captives that will now have access to Cloverleaf’s insurance-specific BI solution. “New insights gained through analysis of third-party data using the Cloverleaf BI solution will enable not only stronger predictive abilities and faster entrance into new markets, but also more accurate pricing of completely new insurance products developed to meet emerging consumer demand.”

“It is increasingly important to our P&C insurance company clients for us to have the ability to pull in external data from third-party providers and InsurTech partners to enhance risk assessment, underwriting, and pricing. There is a distinct overlap in the target customers of both Streff and Cloverleaf, and Streff is providing invaluable consulting and actuarial services to a lot of our clients already.” – Robert Clark, president of Cloverleaf Analytics.

“Cloverleaf’s real-time analytics and ability to combine internal core system data with third-party or external data can be a major value-add for our clients. Pricing new products is a pain point for many of our clients, and Cloverleaf brings expertise with predictive modeling and machine learning into the picture to make that process significantly easier and more efficient. This partnership makes a lot of sense for us and for our customers.” – Eric Mann, lead analytics consultant for Streff.