Enabling Dynamic Pricing with SAS

Actuarial Transformation through Competitive Tariffs. Optimized Portfolios. Pricing in Real-Time

How to maintain a competitive advantage in the insurance industry?

As the technology and customer behavior is changing across the markets, brand value is turning diffuse and price is increasingly important for customers across the whole insurance market.  

Consumers are now open to new value propositions based on new variables (mobility, limited coverage, etc.), requiring a dynamic pricing structure.  

Competitive Tariffs. Optimized Portfolios. Pricing in Real-Time

To remain competitive in this changing market, you need to

  • Adapt faster to the market
  • Innovate and remain relevant and competitive
  • Protect your customer base by assigning the optimum price to your clients: optimize portfolios


Explore how SAS can help you modernize actuarial processes and evolve the rate-making process,
adding a mix of new capabilities to  

Better Pricing

  • through an agile methodology including machine learning techniques and integration of open source languages (e.g. Python, R) 
  • by keeping up-to-date models thanks to governance and monitoring capabilities
  • by embedding optimization algorithms in the pricing process.

Faster Pricing

  • thanks to a complete end-to-end solution, going from data preparation, through modelling to operationalization. 
  • With a drag & drop easy to use GUI, available for each building box of the process. 
  • by enabling to deploy in real-time and communicate the results via REST APIs. 
     

OPERATIONALIZING ANALYTICS

What is ModelOps?

The key to a highly operational analytics life cycle.

Contact us

My name is Sebastiano Federighi and I am a Customer Advisor at SAS. I'm available to answer all your question regarding non-life insurance pricing. Sebastiano Federighi Sebastiano Federighi Customer Advisor SAS
My name is Bas Dudink and I am a Customer Advisor at SAS. I'm available to answer all your technical questions regarding this topic. Bas Dudink Bas Dudink Customer Advisor SAS
My name is Antoinette Pernot and I am a Sr Account Executive at SAS. I'm available to answer all your questions regarding this topic. Antoinette Pernot Antoinette Pernot Sr Account Executive SAS