Product development and pricing

Insight can support insurers during the product development lifecycle and (re)pricing exercises, improving product quality, optimising processes and ultimately offering a better customer experience without sacrificing profitability.

We can serve as your outsourced product development and pricing function or assist your team with modelling, analytics and research as required. We can provide first line execution or review of work prepared by an internal team before it is presented to an insurer’s senior management.

See our Health Solutions Services

Sophisticated projections models, advanced IBNR calculations, and standardised actuarial reporting equip medical schemes and health insurers to better manage their product lines, and design improved products.

We dig deeper into the data to understand the drivers of claims experience to suggest mitigations and improvements.