Next generation analytics and technology offer the way forward for insurance professionals to meet the increased demands on the sector including the low-yield environment, competitive pressures on insurance rates and a developing regulatory landscape.
MavenBlue’s Enterprise Pricing Management (EPM) Solution fulfils the increasing need for insurance companies to gain insight into the composition and future profitability of their insurance portfolios. The solution has been tailored to support all aspects of solid portfolio management through pricing, including deep dives of the portfolio, automatically assess the performance of cost price models and even adjust them, crafting of commercial tariffs and determine their impact on profitability amongst other key performance indicators.
In the blink of an eye, all necessary insights are available to power strategic price setting decisions. Multiple KPI’s immediately show the impact on the portfolio and offer users the potential to unlock the hidden value of pricing for portfolio steering, achieving both top-line and bottom-line growth.
The EPM Solution can be used as standalone or as an embedded part of the internal standard pricing-processes and IT environment. The solution is available as a cloud, private cloud or on-premise solution.