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Home Insurance Benchmark

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.

Using machine learning algorithms

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:

  • Pricing strategy optimization
  • Price elasticity modeling
  • Customer value assessment

If you wish to learn more about our Home Insurance Benchmark bot, please use the link below to access a demo:

Home Insurance Benchmark bot is part of Heka, the ecosystem of AI solutions developed by Sia Partners.

Learn more about Heka and its ecosystem.

Click here