Pricing
268 whitepapers and resources
Pricing
The joy of CX: Why better customer experience has so much appeal for the insurance industry
Limited touchpoints are making it difficult for insurers to build bonds with their customers. Based on input from industry leaders and 1,000 consumers, this whitepaper focuses on how insurers can improve the customer experience and the importance of providing a slick call centre experience.
How insurance contributes towards financial inclusion and affordability
Financial inclusion, including affordability, is a core priority of regulators and businesses. This content highlights the repercussions of motor insurance policyholders opting for increased excesses and how insurers can check whether consumers can afford to pay for products and services.
How private credit data can be used to enrich insurance quotes
In a highly competitive insurance market, the ability to make better informed pricing decisions is critical for insurers. This article focuses on how private credit data can be used to enrich insurance quotes.
Blog: Why brokers must use data to understand post-pandemic risk
The hunger for deeper data insights for more accurate risk assessment and pricing continues to grow, with brokers facing new risks created by the Covid-19 pandemic. This blog highlights the importance of digital, data and connectivity as brokers navigate a world with coronavirus.
Infographic: 2020 UK pet insurance facts
In the UK, 4.3 million pets are protected with insurance cover. This infographic highlights the trends, challenges, opportunities and growth drivers for pet insurance in the UK in 2020.
Why improving data management and matching is key to future success for insurers
Driven by regulation and evolving customer needs, insurers are under increasing pressure to improve data management. Produced by Experian, this blog focuses on how enriching data can help insurers to identify dual pricing, prevent fraud and reduce customer dissatisfaction.
How to compete in the new era of customer-centric insurance
For insurers looking to grow, the challenge now is how to build and maintain a new breed of pricing models at scale, leveraging machine learning and advanced analytics. This whitepaper explains how insurers can adopt an agile pricing strategy that recognises changing behaviour and risk profiles.
How to acquire and retain the right insurance customers in a post Covid-19 world
To tackle the economic impact of the pandemic, motor insurers need to optimise customer experience to achieve higher retentions while at the same time maintaining profitability. This article provides a step-by-step guide for motor insurers to evolve their business models in order to maintain growth.
Spotlight - product development: The need for speed
This spotlight highlights how Covid-19 has acted as a catalyst for positive change in the insurance industry and the implications for working practices, risk management, product innovations and ultimately customer outcomes.
Underwriting risk: Information is power
Underwriters often shake their heads at the almost insurmountable challenge of structuring risk selection and fraud detection, but what sounds like an unsolvable problem, isn’t. This content highlights the tools available to help underwriters make informed decisions based on real-time insights.