Pricing

Insurance companies are facing a difficult macroeconomic environment, rising catastrophe losses, and a tight regulatory scenario against the backdrop of a demanding customer. Predictive models offers a statistically reliable, sound, and rule-driven method to improve underwriting and pricing decisions. Our solutions in Pricing analytics are as follows

We Cater to multiple Pricing Categories

    Underwriting Risks


    Our capabilities in pricing can enable insurance companies price their products while accounting for various cost and risk factors.

    Need

    To achieve the optimal pricing there is a need for calculation of fair price for the asset underwritten, inclusion of profit and inflation effects and adjustment for market factors and competition.

    Impact

    Pricing analytics helps in formulation of an optimal risk adjusted pricing strategy.