Tool Box Set
R2 software has a set of toolboxes to effectively
manage matters related to Portfolio Performance
monitoring, Pricing effectiveness, Re- pricing and re-
Underwriting as well Process & Underwriting leakage
360 View
R2 offers a 360-degree view of your business
performance, allowing you to monitor your portfolio
profitability on Ultimate basis for any Line of Business
at the most granular level (for any product, segment
or policy or group of policies and obviously for each
rating factor on a multi dimensional basis )
Predictive Modeling
R2 will help you to model the cost of coverage (Technical price) as well model the Insurance
demand (Pricing Optimization) and eventually price and steer your portfolio towards desired
targets (Re Pricing and Re Underwriting).
Machine Learning Algorithms
that will help your company to take optimal pricing
making decisions based on agreed top and bottom
line parameters, without human intervention,
instantly deployed and with a proper audit trail to
effectively trace all the changes
Pricing Live
R2 module Pricing Live will help you to deploy complex
pricing algorithms in your core systems in minutes . Speed
to market becomes critical in the insurance business to
swiftly react not only to change on performance trends but
also to competitors tariff changes.