Date & Time

-

Venue

Zoom

Maximum Qualifying Hours

1.00

Afternoon Forum | Introduction to price optimization through behavioral modelling for retail customers

Afternoon Forum 25 June

Join us for an insightful webinar tailored for both Property & Casualty (P&C) and Life & Health (L&H) insurers willing to target mass markets and price sensitive clients, delving into the intricacies of price optimisation within the insurance industry.

In this webinar, we'll delve into the complexity of pricing strategies, uncovering the pivotal role that price optimization plays in driving business success and ensuring sustainable growth.

During the webinar, the following will be discussed:

  1. Business motivation and impact of price optimisation.
  2. Necessary quotation data including price tests.
  3. Customers' price elasticity and demand modelling.
  4. Algorithmic search for premiums that maximise profit while satisfying other business objectives.
  5. Price optimisation as a tool to control portfolio KPIs and analyse possible scenarios.
  6. Recipe for successful implementation.
  7. Ethics and regulatory perspective.

SPEAKERS

Piotr

Piotr Lebiedź | Actuarial Pricing Consultant | Quantee

Piotr Lebiedź is a pricing actuary with 5+ years of experience working as a Pricing Consultant at Quantee. His main responsibility is supporting pricing leaders in achieving their business goals with Quantee pricing software. Piotr also leads pricing projects, proofs of concept, webinars, and workshops advocating for the next-generation approach to insurance pricing.

Jakub

Jakub Osekowski | Research Lead | Quantee

Jakub has multiple years of experience in development of actuarial tools, mainly internal models for Biritsh insurance companies.
His role at Quantee entails research and development of new solutions, one of them being a price optimisation algorithm.

FEES

  • Complimentary to members
  • $20 for non-members

ADDITIONAL DETAILS

  • Zoom dial-in link will be shared 1 day before the session.

Registration closing on Monday 24 June 2024, 12pm .

Registration Form

Basic Information

Membership Class

Membership

Declarations

  • I agree to hereby release, waive, discharge and agree not to sue the Singapore Actuarial Society (SAS) and its officers, directors, members, volunteers and employees, for any and all claims or demands, obligations and/or causes of action of any nature whatsoever which I may have against the SAS and its officers, directors, members, volunteers, and employees, on account of any personal illness or injury, property damage, death or accident of any kind, arising out of or in any way connected with my participation in this event. 
  • I consent to my registration for and attendance of this event being made known to other parties, with information on the name of my employer or firm (if any) and on my country of residence.
  • I consent to receiving information and publicity related to this event from the SAS or any other organisation with which the SAS engages in the organisation and conduct of this event.
  • I consent for my photograph and/or video recording to be taken by the SAS and/or vendors engaged by SAS to record the proceedings of this event which may be made public in SAS publications, on the SAS website, on social media or in publications of organisations which the SAS engages to report on this event.
  • I agree that I will not be deemed to have registered for this event until I have made full payment of the registration fee required prior to the commencement of this event.
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