ANALYC Company

Analytic Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Analytic Company was founded in 2010 and has established itself as a data-driven growth platform specifically designed for insurance brokerages. The company aims to assist brokerages in attracting, growing, and retaining large account revenue by leveraging advanced analytics and metrics.

Parent Company/Ownership Structure

Analytic Company operates as a privately held entity. The ownership structure is not publicly disclosed, but it is led by key figures in the insurance and analytics sectors, including its chairman and president, Rob Ekern and Chad Ekern, respectively.

Headquarters Location

The headquarters of Analytic Company is located in Queen Creek, Arizona, USA. This location serves as the central hub for its operations and strategic initiatives.

Global Business Scope

While primarily focused on the North American market, Analytic Companys services can potentially extend to other regions, especially for insurance brokerages looking to enhance their analytics capabilities. The company has developed solutions that cater to property casualty, group benefits, and risk services providers.

Main Regulatory Bodies

As a company operating within the insurance sector, Analytic Company is subject to various regulatory bodies that oversee insurance practices and data management. These may include state insurance departments and federal regulatory agencies, depending on the specific services and products offered.

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2. Company History and Development

Key Milestones

Since its inception, Analytic Company has achieved several key milestones, including the launch of its flagship product, TCORCalc™, which has become a pivotal tool for insurance brokerages in managing large account revenue.

Business Expansion Journey

Analytic Company has consistently focused on expanding its platform capabilities, introducing new features and analytics tools that enhance the value proposition for its clients. The company has also broadened its service offerings to include various types of insurance products.

Customer Base Growth

The customer base of Analytic Company has grown significantly over the years, with numerous testimonials from clients highlighting successful revenue increases attributed to the platform. For instance, several brokerages reported securing substantial accounts shortly after utilizing the platform, showcasing its effectiveness in driving sales.

Platform Development History

The development of the Analytic Company platform has been marked by a commitment to innovation. Over the years, the platform has evolved to integrate advanced analytics, metrics, and reporting capabilities, allowing clients to generate quantifiable financial impacts for their clients.

Important Awards or Recognitions Received

While specific awards and recognitions have not been highlighted in the available information, the positive testimonials from clients indicate a strong reputation within the industry, particularly for its analytics capabilities.

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3. Trading Services Offered

Forex Trading Options

Currently, Analytic Company does not explicitly offer forex trading services. Its primary focus is on providing analytics solutions tailored for insurance brokerages rather than direct trading services in forex markets.

Stock Trading Options

Similar to forex trading, stock trading services are not a core offering of Analytic Company. Instead, the company concentrates on enhancing the sales processes of insurance brokerages through data-driven insights.

CFD Trading Products

The provision of Contracts for Difference (CFDs) is not mentioned in the context of Analytic Company. The firm is focused on analytics for insurance products rather than trading derivatives or CFDs.

Other Financial Instruments

Analytic Company primarily offers tools and solutions for the insurance market, including property casualty and group benefits. The focus remains on helping brokerages leverage data to improve their sales and client retention strategies.

Special Services or Unique Advantages

The unique advantage of Analytic Company lies in its proprietary platform, TCORCalc™, which provides analytics and metrics specifically designed for insurance brokerages. This tool enables brokers to present quantifiable value propositions to their clients, thereby enhancing their competitive edge in securing large accounts.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Analytic Company is subject to various regulatory bodies that govern the insurance industry. These may include:

• State Insurance Departments
• National Association of Insurance Commissioners (NAIC)
• Federal Insurance Office (FIO)

Legal Entity Structure by Region

The company operates primarily within the United States, and its legal entity structure is likely organized to comply with state and federal regulations governing insurance practices.

Client Fund Protection Measures

While specific client fund protection measures are not detailed, companies in the insurance sector typically adhere to regulations that ensure the safeguarding of client information and financial transactions.

Countries/Regions Served

Analytic Company primarily serves clients in North America, focusing on insurance brokerages that operate within the U.S. market. Its solutions may have applicability in other regions as the company seeks to expand its global footprint.

Compliance History

The compliance history of Analytic Company has not been publicly detailed. However, adherence to industry regulations is crucial for maintaining operational integrity and client trust.

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5. Competitive Landscape

3-5 Main Competitors

Analytic Company faces competition from various firms within the insurance analytics space. Key competitors may include:

1. Zywave: Offers similar analytics and communication tools for insurance brokers.
2. EverQuote Pro: Provides marketing and analytics solutions tailored for insurance agents.
3. NetQuote: Focuses on connecting consumers with insurance agents, providing analytics for lead generation.

Positioning in the Industry

Analytic Company positions itself as a specialized platform for insurance brokerages, focusing on data-driven insights to enhance revenue generation. This niche positioning allows it to cater specifically to the needs of insurance professionals.

Market Differentiation Factors

The primary differentiation factors for Analytic Company include its proprietary TCORCalc™ platform, which is designed specifically for insurance brokerages, and its emphasis on quantifiable client financial impacts. This focus on analytics tailored for the insurance sector sets it apart from more generalized analytics providers.

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Conclusion

Analytic Company has carved a niche for itself in the insurance analytics market since its founding in 2010. With a focus on helping brokerages optimize their sales processes through data-driven insights, the company continues to grow its customer base and enhance its platform offerings. As the industry evolves, Analytic Company is well-positioned to adapt and expand its services to meet the changing needs of insurance professionals.

For more information about Analytic Company and its offerings, visit learn more.