Tag: Pricing

Akur8, a next-generation pricing and reserving platform, has been selected by South African insurance underwriter Alpha Insure to help elevate its pricing process. The move...

Geography modelling plays a vital role in property and casualty (P&C) insurance pricing, especially in motor and property insurance. By incorporating spatial patterns into...

Insurers face increasing pressure for transparent pricing, with calls for clarity and justification of premiums coming from management, agents, and customers alike. Transparency offers...

hyperexponential and Send have announced a strategic partnership aimed at streamlining the pricing process for insurers.

Earnix, the leading global provider of AI-based SaaS solutions for financial services, has announced a strategic collaboration with Verisk to boost efficiency in commercial insurance pricing.

Quantee, a leading InsurTech firm, is set to enhance Zurich Insurance Company's pricing strategies by leveraging its next-generation pricing platform.

In a report published March 2024, Alveo polled 200 firms about leveraging AI in data management. The respondents were split over the US, the...

Akur8, the next-generation insurance pricing solution powered by Transparent AI, has been selected by Swedbank, to enhance its insurance pricing process. 

Successful pricing and underwriting transformation mandates not just a vivid vision but the sustained momentum to actualise it. This transformation isn't a one-size-fits-all approach; it varies for each business. Yet, the goal remains consistent: refining the process of assessing and insuring risk.

A recent survey conducted by Coleman Parkes, on behalf of pricing decision intelligence leader hyperexponential, has unveiled the extensive dissatisfaction within the Specialty and Commercial insurance sectors regarding their current pricing and technology.