Risk Assessment Optimization for Insurance Underwriting

Original price was: € 199,00.Current price is: € 0,00.

WHAT IS IT ABOUT?

Determine the valuation and pricing of insurance with a risk selection questionnaire.

SKU: 8f80f7cb-d29e-4f99-a107-9c157fcea4f5 Category: Tags: , , , , ,
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Available in: English, Dutch, French, German, Spanish
  • The financial department that needs to understand the risks associated with an insurance underwriting policy
  • The risk managers who are interested in helping their team identify and evaluate potential risks
  • The actuarial professionals wanting to create an accurate quotation on insurance coverage
  • The underwriters looking to optimize risk selection and assess potential liabilities
  • Investment advisors wanting to calculate the returns when investing in insurance underwriting
Risk Selection
Assess possible risks

Valuation and Pricing
Evaluate cost and benefit

Quotation Delivery
Provide customized quotes

Data Collection
Gather accurate information

As you can see, you're not asking your respondents for opinions, satisfaction or agreement. Our scientific research has shown that these are very bad fuel for algorithms. Instead, we ask for verifiable facts or -behaviour. For further reading, you can download our AMAIZE magazine dedicated to this topic or discover the scientific papers in the Resources section.

After you have downloaded this questionnaire, you can - in your Toolbox - edit, add/delete, and translate questions & answers to your liking. Clicking the "Help me PRAIORITIZE" buttons in the Toolbox activates our A.I. to help you finish your masterpiece..

Q. How have you managed volatility?
  1. We haven't, we only track basic statistics.
  2. We use a Monte Carlo simulation to measure it.
  3. We have a trend-sensitive forecasting model.

Q. What have you done to optimize cost structure?
  1. We haven't done anything.
  2. We track costs to identify overly expensive products and services.
  3. We use AI-powered algorithms to forecast likely trends in the cost structure.
The artificial intelligence creating the questionnaires for the store has been inspired by over 11.000 whitepapers from more than 100 noted consultancy firms. Algorithms selected the 20% best papers and grouped papers from different consultancy firms into specific questionnaires. Why settle for less? Here is a summary how we did it.

If you feel you need outside support after conducting your assessment, we recommend the firms that have written the below mentioned whitepapers. Not having a paper selected does NOT mean that a firm does not give good advice.
NAMETITLE PAPER
oliverwymanOliver Wyman 5G press release FINAL.pdf
kpmgBanking-in-Africa-2015.pdf
protivitiboard-perspectives-risk-oversight-10-keys-board-oversight-ma-issue92-protiviti.pdf
cognizantux-design-hub-speeds-time-to-market-codex4000.pdf
pwcpwc-dual-track-exit-considerations.pdf
gartnerthree-step-plan-for-supply-chain-digital-transformation.pdf
bcgBCG-Seeking-Perpetual-Motion-with-Mobility-as-a-Service-Mar-2019_tcm9-215903.pdf
ssandcoSSA___Company_Retail_Renewal.pdf
You will download so much more than a set of questions and answers. This questionnaire contains everything for the full consultancy experience:
  • Respondent profiles for a helicopter view of your audience.
  • A maturity model with which algorithms calculate a six times smarter improvement target (compared to when you leave that to a human).
  • Improvement suggestions (per question) how to move from one answer to another
  • Suggested follow-on projects. After all, moving your organization from A to B might require more than just doing an assessment.
This English questionnaire is also available in Dutch, French, German, and Spanish.

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