Most life insurers have limited or no understanding of how price sensitivity relates to sales or lapses and lack the tools to perform regular, automated optimization. This leaves them with:

• Manual scenario comparisons finding sub-optimal pricing strategies
• Difficulty in balancing value / volume objections and constraints into the pricing process (especially when factoring in price sensitivities)
• Difficulty managing and balancing conflicting stakeholder opinions and priorities
  

Across the board, Montoux users gain deeper, more granular pricing insights. Depending on priorities and constraints, these capabilities help customers with:

• Re-pricing exercises
• Pricing reviews and monitoring
• Competitor analysis
• Understanding price / sales sensitivities
• Understanding price / lapse sensitivities
• New product pricing
• Campaign analysis

With Montoux, life insurers gain market leading pricing tools that allow them to:

• Automatically generate optimal pricing strategies
• Improve sales and retention outcomes (value, volume, lapse rates)
• Efficiently and effectively balance constraints and conflicting stakeholder needs