Developing policy wordings are a critical and yet often overlooked core capability of any insurer. Are we doing enough to develop this capability?
As part of our ongoing ongoing relationship with AXA XL, we were delighted to support the delivery of another very successful Pricing DNA for Underwriter programme to the latest audience in Bermuda.
In this latest article, Peter Turrell reflects on six of the key questions that have shaped a number of our client engagements over the past three years when considering the pricing knowledge needed by underwriters. If these questions can be answered and used to resolve the issues behind them, then pricing capability throughout the organisation can be transformed for real competitive advantage.