Competitor Rate Analysis
Finity provides a competitor premium-monitoring service for insurance classes such as motor, home, travel and compulsory third party. This enables you to quickly understand your price positioning in the market and movements over time.
We have developed software which enables efficient capture and reporting of competitor premium data sourced from the internet. We provide a regular monitoring service to a number of clients in Australia and New Zealand which enables them to:
- Understand when competitors move rates
- Diagnose the nature of movements which have taken place
- Understand the implications for their own competitive positioning in the market.
Finity has developed customised reporting tools which deliver key insights from the analysis. The quote dimensions used for monitoring can be tailored to your individual needs, or based on standard market representative baskets of quotes which Finity has developed for motor and householders insurance.
We also regularly assist clients who want to form an extremely detailed understanding of competitor rating structures. We have developed efficient and customised approaches and tools for this purpose.
Contact us
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Nelson Henwood+61 2 8252 3460 Scan the tag for Nelson’s vCard |
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