Case Studies

An insurer engages Dynamo to reinvent their actuarial pricing models

An insurer needed to develop the capability to build and implement ad-hoc actuarial models, primarily to assist the front line underwriters with pricing new insurance opportunities.  There was a shortage of in-house expertise, and their existing approach lacked technical rigour with poor documentation and inadequate data capture across accounts.  This resulted in an inability to re-calibrate and fine-tune their approach to take advantage of new niches or of good value sectors, and naturally made them more of a market follower than a market leader.  They knew this was not sustainable business practice, and sought our subject matter expertise to develop an effective solution. More