Common Errors in the Pricing Process
While insurance companies and their embedded pricing teams had the best of intentions, more often than not, they wound up with a pricing environment made up of too many tools, too much manual effort, and too much that could go wrong. Here's a closer look at the many challenges caused by a fragmented approach to pricing and rating, and the over-reliance on too many disparate solutions.
4 Steps to UBI Success
Adding UBI policies to your portfolio of products does not need to be a scary endeavor. By setting up the system in the right way from the start, the process will be smooth, and you will reap benefits quickly.
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