What's new in PricingCenter for Qusar (Restricted Availability)
Here are the Qusar release highlights for PricingCenter. For more details, see the PricingCenter documentation.
Advanced lookup tables
Advanced lookup tables offer improved flexibility for pricing and rating. They extend the standard lookup table pattern to handle much larger, more complex rating tables to provide more flexible pricing and rating workflows.
Premium Impact Analysis
Premium Impact Analysis helps pricing teams simulate pricing change to see how premiums shift. With it, you can measure:
- The magnitude of premium changes that result from pricing model updates or rate changes
- The degree to which individual policyholders' premiums shift as a result of pricing changes
Price Optimization
You can use Price Optimization to run portfolio-wide scenarios and automatically generate implementable rate recommendations. This helps you balance loss ratio, growth, and retention goals.