IQH is a comprehensive SaaS solution designed for the insurance industry, providing centralized product rating, pricing, and quotation capabilities. It delivers accurate real-time quotes by leveraging data from various sources to optimize pricing strategies. The platform enables insurers to apply underwriting criteria instantly across all market channels, offering total pricing control and enhanced business intelligence.

Key Features

Real-time Pricing and Quotation Delivers accurate quotes instantly using data from multiple sources

• Applies underwriting criteria across all market channels
• Optimizes prices in real-time

User-friendly Rating Engine Enables self-sufficiency in rate adjustments and testing

• Intuitive interface for pricing, rating, and business rules
• Allows full testing of changes before deployment

Fraud Detection Sophisticated solution using behavioral analytics

• Analyzes consumer risk data in real-time
• Flags suspicious applications pre-inception
• Works across all channels

Data Enrichment and Business Intelligence Provides greater insight into customer value

• Offers real-time business intelligence
• Enables precision and tactical pricing

Benefits

Enhanced Market Competitiveness Improves pricing strategies and market responsiveness

• Allows for business model flexibility
• Accelerates speed to market with pre-integrated partners

Cost Reduction Streamlines pricing and quotation processes

• Reduces premium leakage by an average of 36%
• Minimizes effort required for rate adjustments

Improved Customer Satisfaction Provides accurate and competitive quotes quickly

• Enables more personalized pricing
• Reduces fraudulent applications, potentially lowering premiums for honest customers