Pricing
264 whitepapers and resources
Pricing
Home is where the smart is - The insurance implications of the connected home
The application of smart technology in the home marks a significant change for the household insurance market. This article highlights the opportunities available for insurers to leverage data collected by smart devices to prevent accidents, enhance fraud detection and help validate claims remotely.
How investment returns affect insurance premiums
Just as customers are affected by political and economic developments beyond their control, so too are insurers. This article aims to help brokers educate customers on the factors that can influence the size of premiums, including insurers’ investment returns.
Text analytics: Telling stories that drive insurers’ progress
The value of big data has been well documented, but there has been a lot less focus on unstructured data. This article highlights how insurers can leverage text analytics to convert unstructured data into meaningful insights in relation to claims, underwriting and product development.
The future of risk scoring
As the insurance industry innovates to adapt to the changing face of risk and consumer expectations, how can insurers expect to benefit from the move to embrace enriched intelligence from new data sources? This article sheds light on the future of risk scoring and the top five anticipated benefits.
Insuring construction’s complex risks
Construction is inherently a risky industry, especially with increasingly innovative and complex designs. Recent changes in the industry have also added risk management concerns to its current risk profile. This article highlights how insurers and brokers can navigate construction’s complex risks.
Transforming motor fleet
In this article, Ed Murray explains why increased mechanisation and use of technologies such as telematics are transforming the way small motor fleet business is conducted.
Understanding customers and risk: Your cognitive future in the insurance industry
For insurance, cognitive computing has indeed arrived, and its potential to transform the industry is enormous. Already, cognitive systems are driving customer engagement through virtual digital agents and improving decisions for underwriters. This report highlights the implications for insurers.
Cloudy with a chance of mishap: How weather insights can help insurers manage risk and drive client value
This executive report identifies opportunities for insurance companies to use weather data as an important asset in both managing operational and financial risks, as well as improving customer relationships. The report also explores future directions in the use of weather related information.
An update to how insurance premiums are calculated
Customers may not appreciate the wide range of factors that insurers must consider when calculating premiums. This article provides advice to brokers on how to communicate premium changes to their clients by highlighting the key factors impacting separate business lines.
Pet insurance – A growth opportunity
The UK is renowned as a nation of dog and cat lovers, yet according to the ABI, only 23% of dogs and cats owned by households in the UK are covered by pet insurance. This article highlights how this low penetration represents significant opportunities within the pet insurance sector.