MORE THAN EVER PRICING IS AT THE HEART OF PROFITABLE SALES OF PRODUCTS.
Low interest rates, better transparency of markets due to Internet, increased quality and volume of data available all play a role in the role of pricing in the capacity to stay profitable in the current markets. Any error could translate into massive anti selection and associated losses or vice versa into loosing rapidly the most profitable part of your book of business.
This why finding the right set of prices ranks among top priority of insurers today .
To help its clients address this challenge ADDACTIS® Worldwide provides a complete service offer for pricing, based on its software ADDACTIS® Pricing. Taking into account your strategic goals (eg increasing volume or margins, minimizing the risks, and/or optimising the ROE) we will elaborate with you the ideal pricing structure to meet your requirements. The use of ADDACTIS® IBNRS®, with its GLM engine, its controlled process will guarantee that you have a traceability of calculations performed for you by ADDACTIS® Worldwide teams.
Want to proactively enter into the new big data and Internet worlds and have a modern pricing structure for your products ? Want to avoid risk of being anti selected or alternatively loosing your best business because of your pricing structure ?
Please do not hesitate to ask more information about our pricing proposals by contacting us.