Precision Pricing

How can you price risk effectively to get the right business? How can you integrate your predictive analytics models with your risk selection and pricing? How can you match premium to risk more accurately to lower your loss ratio?

If you have FirstBest’s UMS, you can:

• Configure supplemental information for each type and class of risk to find accurate loss pick
• Match price to risk, on an individual risk basis
• Use schedule rating to credit better risks and debit poor risks
• Incorporate automated predictive modeling

And FirstBest’s UMS offers out-of-the-box integration with your homegrown predictive analytics solutions, or with popular packaged solutions including Valen Technologies. [See related press release, “ FirstBest Systems Partners With Valen Technologies.”]