Market research will be at the core of our insurance product design. This will be carried out by a combination of desktop analyses, focus groups and surveys carried out on target markets.
Product Design and Insurance Pricing
Product Design and Insurance Pricing
1. Pricing of new products
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2. Risk based pricing for existing product
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Consideration of historical claims experience to determine the future expected cost of claims.
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Our illustration of a pricing work flow
The pricing work flow is overlaid by the underwriters' market and business expertise at each point in the process. For example:
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input business strategies into risk selection and pricing
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Sourcing business and identifying cross-sell opportunities
