Insurer’s own form
Each insurer’s online calculator is rebuilt question by question, so the same risk is described the way that insurer asks for it.
Insurer Intelligence™
Nine insurers’ prices for the same risk.
Insurer Intelligence rebuilds the rate model behind each of the nine property insurers that quote online. A risk is described once; each insurer’s calculator returns its annual premium, the sum it would insure and the product it would sell, ranked by premium. Under the table sits the input matrix: which questions each insurer prices on and which it ignores. The calculators are checked every night against the insurers’ own online quotes on a fixed set of configurations, and the night’s gaps are shown.
Get accessCompetitor rate benchmarking
Each insurer’s price for one risk
Nine insurers priced against one identical risk, each with the fitted rate model behind its number. Only insurers with a public online calculator are covered; a broker’s negotiated rate is outside its view.
Premium per carrier€ / yr
An annual premium for the same risk at each of the nine insurers, ranked by price, with the product each one would sell.
Market spreadcheapest to dearest
Cheapest, median and dearest for one identical risk, and the spread between them, so a quote can be placed against the market.
Field sensitivitypriced vs ignored
Which inputs each insurer prices on and which it ignores: the matrix that shows where a rate card is blind.
Address-priced or blindby address or not
Which insurers look the address up in their own flood map and which price without it. The matrix names each one.
Rebuild sum insured€ rebuild
The sum each insurer would insure the same building for, from its own area-based rule, side by side.
Input impactΔ premium
Move one input and watch each insurer’s premium respond, so the sensitivity of each rate card is visible.
How it works
How Insurer Intelligence is built
Fitted rate model
Each insurer’s premium is fitted back into a rate model that reproduces its own quotes offline.
The nightly check
A fixed set of configurations is re-quoted live every night and compared with our figure, and the night’s gaps are shown.