Pricing
142 whitepapers and resources
Pricing
How insurers can leverage telematics to create a better customer experience
Today, insurers have access to the most personalised information ever available about customer behaviour. This blog highlights how telematics can be used within motor and property insurance to determine risk, improve pricing and deliver optimal customer experiences.
The hidden risks of being poor: The poverty premium in insurance
This report from the Institute and Faculty of Actuaries and Fair By Design details how those who need insurance the most are often priced out or left out, leaving them unable to access the protection insurance provides.
Beyond price walking
In the UK insurance industry, customer outcomes and pricing are under the spotlight. This eBook focuses on how insurers can prepare for the era of customer-centric insurance by addressing price walking and taking a more proactive approach to pricing to achieve a competitive edge.
Must-see insurance software solutions in 2021
Many critical functions of the insurance industry including claims, billing and underwriting have become automated and highly reliant on software solutions. To help insurers sort through the seemingly endless possibilities, this blog sheds light on the leading insurance software solutions for 2021.
The professional indemnity market: A cycle of uncertainty
The professional indemnity market is currently going through a period of rapid correction which has come at just the wrong time for businesses. This content highlights why a boom and bust pricing cycle is detrimental to customers, potential solutions to the challenges and how brokers can help.
Intelligent lead pricing: Helping counter SME underinsurance
For businesses, finding at the time of a claim that their policy will not pay out can be catastrophic. This content sheds light on why underinsurance among SMEs is a growing problem and how improving intelligent lead pricing can help SME obtain sufficient cover.
The role of the vehicle insurance group rating system
In the second of a quarterly series in association with Post, Haynes Pro assess the influence of the vehicle insurance group rating on motor premiums, and asks whether it could be on the wane as connectivity increases.
Remote inspections at scale: ID risk and price right with Guidewire & Flyreel
A new generation of AI-enabled, visual remote inspection tools are enabling homeowners, commercial property owners and others to do their own contactless property inspection using a mobile app and the camera on their smartphone. This blog highlights the benefits for property insurers.
Why the FCA fair price ruling will drive product innovation and benefit consumers
This blog highlights how the challenges created by the FCA ruling on fairness in pricing should lead many general insurers to accelerate how they innovate with new products and services that offer greater value to all their customers.
Hiding in plain sight: Towards now-gen cyber risk underwriting
This report dispels some of the myths associated with cyber risk data, why the under-extraction of insights from actuarial data generated around cyber incidents is the real problem and how insurers can progress towards now-gen cyber underwriting in order to build a more robust cyber risk playbook.