Sun Life wants its clients to benefit from the same big data sets the insurer uses itself. The company has launched an analytics tool that gives clients insight into self-insurance options, the Stop-Loss Benchmarking Tool.
The Stop-Loss Benchmark produces customized data reports that address catastrophic claim risk and risk management options, compared to the employer's peer group. It leverages more than 2 million data points that are sourced from more than 35,000 Sun Life employer plan designs, as well as third-party data in the form of Verisk Analytics first-dollar claims information.
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