PRICING PLATFORM Information

Pricing Platform is an insurtech startup focused on developing advanced underwriting analytics solutions for Insurance and Reinsurance underwriters. The company is incorporated in Delaware and has its office in Stamford, Connecticut. Underwriting Surplus Lines Property & Casualty insurance is inherently challenging due to factors such as limited data, diverse risk profiles, varying account sizes, complex business structures, intricate terms and conditions, and constantly shifting market dynamics. While all insurers and syndicates use rates or models to price policies, assessing many non-modeled perils and coverages, and making well-informed underwriting decisions often remains subjective. Although some companies have developed in-house systems to address these issues, many underwriters still rely on multiple spreadsheets, manual data entry, and other time-consuming tasks. Pricing Platform’s flagship application, U1, provides a comprehensive solution to these challenges. It enables you to capture underwriting data, develop and apply pricing models, and conduct portfolio rollups, all within a streamlined and structured web based platform. By standardizing the underwriting process, U1 saves time, increases efficiency, and ensures consistency. With analyses and decisions made directly within the app, portfolio rollups and aggregate management become automatic and seamless. Additionally, U1 gives you access to a vast, organized repository of your data, making it actionable. The app is fully customizable to align with each client’s specific needs, underwriting guidelines, models, and pricing formulas. For more information, please contact us at info@pricing-platform.com for more information or a demo. If you are into surplus lines underwriting, we are certain that we can add value to your business.