AI powered dynamic pricing engine for data-rich digital insurance products
Inzura PricingEngine closes the virtuous digital circle where policy performance data collected from digitally managed policies, along with real-time external & environmental data feeds directly feed back into the pricing engine to optimise loss ratio and other key performance ratios.
Improve loss ratio by adapting policy price for higher risk scenarios. Insure more accurately. Adapt more quickly.
Apply new pricing ideas and pricing engine configurations to your historic data to quickly and easily evaluate impact.
Using AI and 6 months of historic data, our PricingEngine can provide suggestions for optimum pricing engine settings.
Use in combination with DataBay Platinum to access comprehensive dashboards showing data analysis and policy KPIs