Pricing
241 whitepapers and resources
Pricing
Embedded insurance: Building customer-centric insurance distribution using APIs
By embedding insurance into customers’ everyday transactions, it’s possible to make insurance products more visible whilst streamlining the purchasing process. This content highlights the opportunities for insurers to collaborate with an ecosystem of partners to gain access to new customer segments.
Customer satisfaction as a driver for policyholder retention - how does it work?
Insurance premiums are rising due to inflation, which typically drives down policyholder satisfaction. This blog discusses whether insurers can recover gains in customer satisfaction before their policyholders begin to decamp and how improving the claims experience can prevent churn.
Infographic: UK pet insurance at a glance
The pet insurance market is a rapidly growing segment. However, the biggest challenges pet insurers face in attracting customers are rising premium costs and building trust among consumers. This infographic provides a snapshot of the UK pet insurance market and the opportunities for insurers.
Best of both: Bundling parametric with indemnity insurance
Parametric insurance is often bought as a complement to indemnity insurance, but hybrid products combining parametric and indemnity insurance in the same policy launched in 2022. This article highlights four ways in which parametric insurance can be structured as a complement to indemnity insurance.
Risk detection made better for underwriters
How can underwriters become empowered to make better decisions faster? Built on the Shift Insurance Decisioning Platform, the Underwriting Risk Detection product is powered by AI to help underwriters mitigate fraud, optimise pricing, and spot policy risk trends.
Motor insurance: Navigate smooth passage for customers
With the motor market experiencing tough terrain, this article explains why the insurance industry must do everything in its power to support clients and businesses.
How artificial intelligence is solving the challenges of premium leakage
New interest is gathering for technology to detect premium leakage and fraud at the point of underwriting. This report focuses on how artificial intelligence is helping insurers to solve the challenges of premium leakage.
Brace for the inflation storm
Inflation is front of mind for the general public – and that is no different for the insurance market. This article investigates how prepared the sector is for inflation rises and how they can make sure customers see insurance as a must-have instead of a nice-to-have as they tighten their belts.
The rise of parametric insurance
Parametric insurance is characterised by offering predefined pay-outs that will be paid based on predetermined events or parameters taking place, regardless of the actual loss caused. This blog sheds light on the rise of parametric insurance, areas it can be applied and the benefits for insurers.
Video: Leveraging digital trends in insurance - Part one
How can insurers leverage digital? Part one of this video series briefly highlights how insurtechs and software providers can help insurers improve end-to-end processes within specific areas such as dynamic pricing, automated claims handling and automated underwriting.