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Using the internet to compare offers, coupled with the possibility to cancel policies at any time, leads to a very competitive insurance market. As such, knowing and considering competitors’ prices is necessary to retain a competitive advantage over market players holding such information.
Sia Partners has developed an innovative bot that allows a large-scale collection of internet prices to be automated. The analysis of this data through a reverse engineering approach based on machine learning algorithms allows us to decrypt the pricing strategy of market competitors.
This knowledge is valuable for:
If you wish to learn more about our Home Insurance Benchmark bot, please use the link below to access a demo:
Learn more about Heka and its ecosystem.