InterRisk has started cooperation with Quantee, which will provide the insurer with innovative ActuAI software. The technology is used for the dynamic pricing of insurance products.
Quantee is a company that, using artificial intelligence, provides the world’s first solution for dynamic pricing of insurance products – ActuAI software. InterRisk TU SA Vienna Insurance Group has signed a contract with Quantee for the implementation of this solution. The insurer assumes that the initiative will be a great support for the company in building a competitive advantage, optimizing prices, and maintaining the growth of market shares.
„Product pricing is one of the key factors influencing the competitive position of insurance companies. The ability to deliver a better, more personalized, and precise price is an important differentiator. That is why we decided to implement ActuAI software.” – comments Włodzimierz Wasiak, Member of the Board and Finance Director at InterRisk.
The innovative technology will allow the insurer to better match the price to the customer’s expectations, to develop risk models more accurately, and consequently, to increase its margins and get better results.
„After a detailed market intelligence process, we decided to implement ActuAI. It is a solution with great potential that will help us achieve our business goals.” – adds Rafał Rzeszutko, Director of the Tarification Department at InterRisk.
