As an expert and thought leader on optimized insurance rating, CGI’s Piet Hein works with insurance companies to develop and implement effective rating strategies and solutions. Insurance rating is changing with the speed of the Internet. Usage-based insurance, behavioral-based insurance, Internet of Things, risk-based pricing, real-time quotes and regulations are all having a significant impact on insurance rating. New products need to be developed faster than ever before, and rate changes to existing products needs to be deployed instantly to stay ahead of the competition. A good rating strategy is crucial to meet these goals, and Piet applies his industry and technology expertise to guide insurers down the right path.
Latest blog posts
November 11, 2016 On June 20, 2016, CGI held a roundtable discussion on dynamic rating and pricing in the insurance industry that involved nearly all major Dutch insurers. The starting point of the evening was a presentation from a pricing executive at a large European retail company who shared his company’s journey ...Banking and Capital Markets
March 23, 2016 Almost every insurance company is currently working on providing pay-as-you-drive insurance. Some already have succeeded in launching it, while others are busy preparing to go to market. Insurance based on driving behavior can be very attractive for both the insurer and the insured. By adjusting his ...Advanced Analytics