Competitive Analysis & Planning
In order to effectively compete, whether in existing markets with new and/or existing products, or in new markets with new and/or existing products, insurers, reinsurers, captives, and brokers must have a clear understanding regarding all facets of their competition.
FTI Consulting Insurance Practice consultants help clients meet this challenge by conducting research and bringing fact-based intelligence regarding important considerations such as:
- Market characteristics
- Customer profiles
- Products, pricing and profitability estimates
- Character and depth of resources
- Distribution mechanisms
- Success/failure profiles
Working in collaboration our research colleagues, and using our iSuite Advanced Intelligence & Analytics platform, our professionals deliver actionable information for executive planning and decision making.
Equipped with this intelligence we help clients develop business plans that enable them to more effectively compete against the strengths and weaknesses of competitors.