Data Driven Pricing

We develop actuarial models that help insurers understand risk, price products, assess profitability and make better portfolio decisions. Our work combines traditional actuarial techniques like GLM with ML/DL and alternative data sources like satellite, iOT, telematics etc. for emerging risk scoring where they add value.

Whether you are entering a new market/product or refining your current pricing model, we provide measures for you to grow profitably.

What we work on:

• Frequency/Severity Models for traditional P&C Covers (Motor, Property, Crop, Workers Comp, Product Liability and more)

• Pricing New covers - Algorithmic Liability, Physical AI, EV risk etc.

• Standalone Risk scores for pricing

• Price Elasticity & Portfolio Optimization

  
  

Our Expertise

We bring actuarial knowledge combined with latest data science techniques with a commercial understanding. The team brings two decades of experience in developing actuarial pricing models for global firms like Swiss re, AIG & Allstate. Right from simple statistical models, our experts have created state-of-art production grade ML models for motor, travel, property, workers comp and many more lines in the P&C industry.

Developed and integrated risk factors like vehicle symbols, AV/EV scores, UBI/Telematics scores, parts inflation index, geographical risk, crime score into traditional models.

Pricing a new cover?

Let’s work through the risk, pricing and portfolio economics together.