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Pricing
It is not enough just to calculate the technical price for a particular risk, important though it is. You also need to know the "street price" and what this means to your customers as well as your business. |
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Personal & Commercial Lines
Renowned for our pricing expertise, we are available to provide advice on all aspects of pricing, whether these are technical, strategic/tactical, or process. More |
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Optimization
Whether an insurer or intermediary, challenging profit and volume KPI objectives may not be achievable through uniform profit loads or commission rates. More
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Models
Insurance pricing models can be broken down into three broad groups: Exposure rating, Experience rating and Credibility rating. More
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Individual Accounts
Work on individual accounts tends to be experience rating, where the account is rated on its own claims experience. However, benchmarks will often be used where data is limited. More
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Reinsurance Pricing
A reinsurance program will have repercussions for a company’s entire financial performance, including return on capital, yet it is often an area where analysis is weak. More
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Alternative Risk Entities
The number of captives, risk retention groups, and large deductible programs have continued grow as risk managers around the world have grown more comfortable with these risk mitigation techniques. More
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