In an period when pricing precision could make or break profitability, generic “black field” AI is now not sufficient. Shopper Intelligence’s new resolution is educated on years of actual each day pricing information, enhanced with over 250 engineered options, and enriched with geospatial and postcode intelligence, so insurers can clarify, justify, and adapt each pricing resolution with confidence.
- Explainable AI, not black field: We use industry-standard strategies like SHAP values, partial dependence plots, and interplay metrics to make sure that each prediction could be interpreted and defended.
- Grounded in actual market information: Backed by 2+ years of actual each day pricing information, verified nationwide sources (ONS, DfT, Met Workplace, police, census), and 50+ proprietary datasets, our fashions stay linked to what’s occurring out there. Shopper Intelligence continues to counterpoint these information units for the longer term.
- Strategic pricing perception: The Apollo module operates on 5+ years of knowledge and over 250 engineered options, enabling insurers to simulate situations, calibrate score curves, and monitor issue actions with confidence.
- Every day benchmark intelligence: Our ML Pricing Indices, embedded in Every day Worth Benchmarking, permit steady monitoring of score shifts and elasticity tendencies, fueling agile and proactive technique.
A quote from the management
“In immediately’s hyper-competitive market, pricing isn’t nearly masking danger, it’s about progress, positioning, and agility,” stated Ian Hughes, CEO of Shopper Intelligence.
“By anchoring our fashions in actual market information and making them absolutely explainable, we give insurers the arrogance not simply to optimise, however to compete, adapt, and lead.”
Enterprise advantages for insurers
- Determine pricing inefficiencies and competitor weak point zones that they at present overlook
- Uncover underserved market segments utilizing refined geography and issue analytics
- Enhance margin seize by adjusting premiums with evidence-based elasticity insights
- Join analytics and pricing governance through clear, auditable fashions
- Speed up resolution cycles and strategic agility by embedding steady benchmarking
Positioning & Promise
Shopper Intelligence just isn’t a generic tech vendor. With deep expertise in insurance coverage markets, competitor benchmarking, shopper insights and channel optimisation, we’re uniquely positioned to translate superior ML into significant, revenue-driving pricing choices. Our service helps insurers transfer from reactive modelling to proactive technique, giving them a aggressive edge in an more and more data-driven market.
Wanting forward
The way forward for pricing lies not in additional complexity, however in higher readability. With explainable ML grounded in actual market alerts, insurers cannot solely react to alter however additionally anticipate it. Shopper Intelligence’s new providing is a major step towards extra progressive, resilient, and worthwhile pricing.
