KPI of the Day – Utilities: # Supplied water volume per person

Written by Andrei Costea on July 9, 2021. Posted in News

Definition

Measures the annual domestic and potable water supply per person.

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KPI of the Day – Insurance: % Claims rejection ratio

Written by Andrei Costea on July 8, 2021. Posted in News

Definition

Measures the percentage of claims that are rejected by the insurance institution, from overall claims.

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Benefits of using a Balanced Scorecard approach

Written by Ramona Gligorea on July 8, 2021. Posted in Articles, Balanced Scorecard

David Norton and Robert Kaplan introduced the Balanced Scorecard in 1992 to the private sector, as a methodology of measuring a company’s performance beyond its financial outcomes, like profit margins.

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KPI of the Day – Insurance: % Insurance loss ratio

Written by Andrei Costea on July 7, 2021. Posted in News

Definition

Measures the percentage of incurred claims value, from the value of the earned premiums.

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KPI of the Day – Insurance: $ Insurance policy value

Written by Andrei Costea on July 6, 2021. Posted in News

Definition

Measures the average value of a new individual life insurance policy.

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