Skip to main content

Why Should I Use ActionPath?

Why is this needed in addition to the FHR?

L
Written by Lucas Lindenlaub
Updated today

ActionPath is a powerful tool designed to help you clearly understand your rating outcome by identifying the driving factors and what specific actions you can take to improve it.

  1. Understand the factors impacting your rating

  2. Prioritize strategies that will have the strongest impact

  3. Employ clear, actionable strategies

  4. Build a personalized improvement plan

  5. Show proactive intentions on improving your financial health

  6. Strengthen customer relationships and support risk mitigation discussions by sharing your ActionPath

Why It Matters

Once you know which factors burden your rating, ActionPath makes it easy to set meaningful targets and work toward a stronger future FHR. The resulting plan not only supports your internal improvement efforts but also helps reassure customers that you’re taking the right steps to enhance your financial health.

Your customer might request you to complete an ActionPath plan as a supporting document to the FHR and to assist in discussions for an initial step towards mitigating risk.

Did this answer your question?