Finity is a provider of choice for pricing long tail classes. We combine your experience, industry knowledge to understand market level risks and trends and real world experience to make commercial pricing decisions.
Our approach allows for emerging experience and employ both traditional and cutting edge statistical techniques.
We'll tailor our projects to account for any legislative constraints.
Offering |
Workers Compensation |
CTP |
Lifetime Care |
| Scheme level | Break-even premium rate analysis
Benefit costing advice |
Break-even premium rate analysis
Benefit costing advice For privately underwritten schemes, provide an ‘Industry view’ to serve as a benchmark |
Levy advice |
| Rating segment | Relativity studies by industry classification
Conversion of industry groupings (ANZSIC mapping) Occupational clustering analysis |
Relativities studies by vehicle class, region, etc
Impact of introduction of new/changed categories
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Relativities studies by risk factorImpact of introduction of new/changed categories
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| Individual risks | Design of experience rating and employer incentive schemes
Large employer pricing models Performance benchmarking Profitability segmentation analysis |
Bonus/malus analysis
Profitability segmentation analysis |
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| Other | Premium certification for privately underwritten schemes, either independently or with internal actuarial teams |
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Talk to us about pricing for long tail
We also provide pricing advice to other specialist long tail portfolios including medical indemnity, liability and D&O.
Gillian Harrex
Ph +61 3 8080 0901
Mobile + 61 413 880 733
gillian.harrex@finity.com.au