02/07/2012
New Green Metrics Software Simulates Insurance Scoring Systems
RENO, NEVADA –GRC-Pirk Management, www.recomply.com, has disclosed the measures used for green performance reporting to insurance companies. Computer-modeling techniques are used to simulate the Key Performance Indicator “KPI” scoring schemes established by insurers.
The computational software was developed in association with the U.S. EPA apps-for-the-environment www.findgreengarage.com program to promote state and local green businesses. This Google software locates eco-friendly shops and displays their greenhouse gas reduction rating.
Shop owners and managers are now able to use greenhouse gas reduction rate scores to predict the KPI score used by an insurance company. By utilizing non-intrusive data acquisition from utility suppliers, performance scores can be computed without intervention.
An insurer’s performance score can pack a big wallop and knowing what indicators make up the score is essential, especially when insurers have been using cryptic measures to justify their scoring schemes. GRC-Pirk Management’s green metrics computer-modeling is now capable of coming within 5% of an insurers KPI scoring system without the use of proprietary and confidential information, such as, how long it takes to repair a car, how many cars can be repaired within a specific time frame, or how much it costs to undertake specific repairs.
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