Key Considerations When Implementing a Pricing and Rating Solution
“The key benefits of implementing a solution like Earnix is the speed and sophistication at which actuaries can then implement new rates. It drives significant business value.”
This video highlights the many benefits to implementing a combined pricing and rating solution. For example, Jones describes how modern solutions help make things easier and better for actuaries and IT.
“Now actuaries are able to manage a live rating engine and IT is able to pass the ownership to another group. Both of these are for the better.”
Harrison Jones, Actuarial and Insurance, Deloitte, also offers many specific recommendations and best practices to follow, so if you’re considering implementing a pricing and rating solution, you won’t want to miss this video.
Interested in learning more? Watch the video now