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ComPass

 

Compass is a professional system for price optimization and portfolio reporting, primarily designed for the motor business. It contains an optimization engine which calculates an optimum price at given constraints (Profit, Growth, New business value, etc.) for different segmentation approaches and tools for portfolio monitoring, analysis and subsequent reporting as well as a component for impact assessment of different pricing approaches. With the solutions implemented within this tool, our customers managed to increase profitability of their business. With this tool in hand, insurance company is in the position to dynamically change the price based on customer behaviour and situation on the market. The solutions implemented in ComPass can be integrated into the existing system architecture of virtually any insurer.

 
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