Capabilities

Insurance & reinsurance

For a major international insurance company -

For an insurer's automotive portfolio, Business effiScience detected five new classes of clients, each corresponding to a precise and distinct risk pattern that had previously been ignored. The insurer implemented the recommended risk rules into its subscription process to increase the pricing of three segments and select the potential clients of two others.

Estimated payback: $12.7m in avoided cost of damage (loss in revenue deducted).