Find in a multidimensional way over and underpriced profiles Make simulations of changes in a Tariff
Very specific to Insurance is the existence of many correlations between variables: on average, young drivers have old cars, ladies have smaller cars…
So, analyze the results of a Tariff, find out over or underpriced profiles needs other techniques than simple Loss Ratios analyses.
Tricast makes linear regressions which take into account these correlations. That provides relevant analyses of these over and under pricing.
Build new Tariffs or revise existing ones is one thing. But, after that, it is necessary to make simulations of these changes of Tariffs. That's what can be done by Tricast Product Management.
