Seize opportunities, optimize your pricing
Thrive in today’s competitive environment
Montoux's Pricing Optimization allows you to take advantage of opportunities as they appear.
Using integrated real-time competitive data sources, Montoux can alert you to any potential opportunities to reprice. You can then assess your opportunity cost, and optimize your pricing with Montoux's optimization algorithm.
- Integrate competitive data, pricing analysis and elasticity analysis into your optimization
- Montoux's cloud based application slots next to your existing systems easily
- Price more often, in less time, with greater insight
Pricing Optimization in four steps
Montoux analyzes updated competitive data for opportunities
- Automatically updated
- Integration to your chosen data source
- Based on your chosen competitors and desired position
Montoux runs an optimization algorithm to determine opportunity cost
- Thoroughly tried and tested setup process
- Best practice, transparent and rigorously reviewed actuarial modelling
- Cloud based, no IT involvement required
Assess your opportunity cost, make a decision and start pricing process
- Provides you with an “efficient frontier” - your best possible pricing range given parameters
- Evaluate other optimization scenarios
- Make an informed decision on whether to reprice
If decision is yes, complete pricing process and implement updated pricing
- Pricing is already mostly done by this stage
- The final process is incredibly efficient
- Streamlined to implement pricing rates into IT
Life insurance pricing as it should be.
Life insurance pricing
as it should be.
Do more, with better intel, in less time.Get in touch