Policy Retention report

Policy Retention allows a carrier to see how well they retain existing policies over a time range. Retention is important for a carrier to understand if they are keeping the policies that they have or if they are losing those policies.

Functionality details:

  • Retention formula is defined as (Ending In Force Policies – New Policies) / (Beginning In Force Policies)
  • This is a new standard report for all master clients
  • The report will display in the Policies category on the Report List

No configuration is necessary. This will be a new standard report that will be automatically enabled for all master clients and all new clients.

Additional information