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With pricing models becoming ever more complicated, the utilization of a pure batch process without greater depth might lead to assumptive pricing decisions. The dimensions of pricing often transcend what we call 'groupings' of insurance risks (e.g. not everyone in my rate basket of 50 risks should necessarily have the same credit or tier assignment). Elite solves the batch processing limitations.
Underwriting
Tier Assignment
Credit Assignment
Packages
Book of Business
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Schedule a personalized demo
Pricing Analysts
Actuaries
Real Time, Real Data Competitive Analysis
Runs Risk Rate Analysis, Mix and Match Tiers
Combine Auto and Home Packaged Analysis
16 Pre-Built Reports
Inability to Accurately Compare Tier Alignment
Inability to Determine and Develop Package Rates
High Potential of Writing Bad
Business
Inconvenience
Costs / Profitability
Performing Manual Competitive Analysis
Automates Tier Alignment, Faster Processing
Reduce Bad Business
Program Actual Book Quotes
Package Detail, Analyze Auto/Home
Combined and Multiple States