Pricing
268 whitepapers and resources
Pricing
Spotlight: The future of pricing - Tightening the noose
The dual pricing noose is slowly tightening around the insurance industry’s neck. Its laudable attempts to escape from the regulatory hangman seem increasingly futile as the pressure is mounting on the Financial Conduct Authority to take action. This article focuses on the implications for insurers.
The challenge of pricing cyber risk - does it feel like nailing jelly to the wall?
Cyber risk protection and mitigation present an enormous business opportunity for insurance carriers, however, calculating cyber risk is far removed from calculating typical commercial risks. This blog post briefly outlines the unique set of challenges associated with pricing cyber risks.
Webinar: Is a replacement car what urban customers really want after an accident?
Could ‘mobility’ be the next big differentiation battle between motor insurers? In this webinar, an expert panel discusses the latest trends, the options available to urban motor policyholders after an accident and how insurers can better serve their urban customers.
Are new data sources *sparking joy* for underwriting and claims?
Is new data positively impacting insurers and sparking joy? Or are these just more data points destined to be thrown out in the end? This article looks at the impact of new data sources and the implications for claims and underwriting.
Promoting financial security and resilience in a fragile land
This article looks at the development of a novel parametric insurance programme for smallholder farmers in Nicaragua which helps protect over 6,000 coffee and grain farmers, and how the programme minimises basis risk in the country.
Why are insurers ignoring data for escape of water claims?
According to the property insurance research compiled by Post and Verisk, three out of four insurers in the UK have seen increases in the frequency and cost of escape of water claims in the past two years. This short article outlines the factors behind the rising tide in escape of water claims.
Aviva Mid-Market: Our proposition
Aviva Mid-Market is designed to meet the needs of UK-domiciled businesses with annual turnovers between £5m–£100m, GWP spend over £15,000, or with complex insurance needs. Designed for brokers, this guide provides information on Aviva’s Mid-Market proposition.
Property insurance: Ordering data in
Property insurers continue to hang their success on the quality and use of data. In this article, Edward Murray looks at the benefits of using external data providers and why some peril risks have proven more popular in terms of being profiled at a more granular level than others.
Mind the gap: Using external data to reduce pricing disparity in property underwriting
To uncover the key challenges faced by property underwriters and the tools being used to manage property risks, Post in association with Verisk recently surveyed 73 front-line specialists. This report sheds light on how successful insurers are using external data to support property underwriting.
White lies and misbehaviour: Why consumers mislead motor insurance providers
To understand motor insurance consumers’ attitudes towards misleading insurers, and to find out which groups of consumers are most likely to try to do this, LexisNexis Risk Solutions commissioned a survey of 1,500 UK consumers. This whitepaper provides analysis of the research findings.