We are an independent credit analytics firm that specializes in tracking the financial strength of insurance companies. ALIRT offers a subscription service that helps agencies understand the “real time” financial viability of all of their insurance partners. ALIRT also has a service that allows insurance distributors to buy “one-off” analyses for insurers of concern.
Traditionally, insurance distributors in the P&C market have depended on A.M. Best ratings. ALIRT’s service allows distributors to anticipate ratings downgrades before they happen by tracking the financial viability of insurers on a quarter to quarter basis. ALIRT already serves as the outsourced due diligence staff for many insurance distributors and therefore we can provide our expertise at a relatively low price point. In its service, ALIRT also provides quarterly macro financial reviews of the U.S. P&C insurance market along with white papers detailing developments of interest, which broker/agent clients can share with interested parties.
- Detailed quarterly analysis of individual insurers vs. rating agency annual review
- Focus on the financial quality of the insurer issuing the legal contract vs. focus on holding company
- Scoring system vs. ratings system for more granular understanding of an insurer’s relative financial position