Research report
The State of Specialty and Commercial Pricing 2023
(Almost) everything you know about pricing is wrong.
A new survey commissioned by hyperexponential reveals neither underwriters or pricing actuaries are happy with current pricing tools and processes, highlighting consequences for pricing accuracy and profitability.
In this report, we explore the critical challenges respondents say are holding the Specialty and Commercial insurance industry back, and the requirements to deliver meaningful pricing transformation.
You will learn
Why the price is not right
How time and skills are wasted
The unrealized value of data
How to rethink pricing
Transformation through decision intelligence