We support the insurance industry with sound actuarial advice using the most advanced techniques available anywhere. As pioneers in underwriting and pricing techniques, we apply new methods to analyze loss variables with a much higher degree of accuracy.
As well, we can provide the information and data files necessary to do everything from setting up and managing your insurance operation to rate filings.
Whether you’re introducing a new program, modifying an existing program or dealing with a regulatory matter, our experience in all aspects of property/casualty insurance pricing and product management can drive better decisions and help you achieve your goals. Our customers include insurance companies, state insurance departments, government insurers, industry associations and more.
Pinnacle’s experience in pricing and product management includes sectors such as:
- Commercial automobile
- Commercial multiple peril/BOP
- Medical malpractice
- Non-standard automobile
- Private passenger automobile
- Professional liability
- Small business owners
- Specialty lines
- Workers' compensation
Pricing/Product Management Experts
Pricing/Product Management Services
Catastrophe Modeling OutputPinnacle has experience working with model output from all the major catastrophe modelers for hurricane, other wind, earthquake and fire. Our experience also includes making recommendations for rating plans, territory boundaries, catastrophe loads, rate filings and reinsurance/risk financing structures.
Class Factor AnalysisPinnacle helps insurers identify rating plan elements that can be more appropriately priced or added for additional risk segmentation.
BenchmarkingPinnacle strives to construct benchmarks for any analysis — whether ratemaking, loss reserving or some other use — as closely as possible to replicating the nature of the underlying data being reviewed.
Competitive AnalysisPinnacle has a powerful set of competitive analysis tools that provide in-depth market analyses and enable comparison of premiums, rating factors and tiering plans, often with mapping and batch rating capabilities.
Exposure ManagementPinnacle has strong experience identifying loss exposures and recognizing that differences exist between businesses. Upon classifying the various exposures, we can help establish a proper structure to minimize losses.