Each Company’s Insurance Portfolio is unique, therefore, all our specialists use their experience and knowledge to make the most appropriate tariffication table, that helps to reach the Company’s goal.
The tariffication services shown below:
- Basic tariffs calculation;
- Insurance product development;
- Individual quotes for big and specific types of risks;
- Preparing basic rates for Insurance Rules, and it’s endorsing by the certified actuary;
- Professional testing of insurance products;
- Modeling of financial result for given segment based on changes in tariff formation factors;
- Other tasks related to the Pricing process, that demand of Actuary or Analyst’s help.
The right building of the pricing policy allows the Insurance Companies to achieve its strategical goals. Our specialists make calculations of the insurance price taking into account the specifics of line of insurance businesses, target product and business segment.
Our Actuaries develops basic prices, prices’ calculators, and documents, which describes the principle of the gross-price building.
Also we deal with developing of the insurance products and conduct profit-testing in risk insurance and in life insurance.
Additionaly we develop Insurance Rules and its insurance prices, which are verified by Actuary. We help to prepeare the set of the documents for receiving license at National Comission of Financial Service and develop economic argumentation.