Ratemaking and insurance planning services

WSP can provide expert:

 

Rate-level Reviews

· Provide overall rate-level indications

· Distribute changes to class, coverage,
territory or other rating variable

· Incorporate industry and non-insurance data to reflect the realities of the marketplace

· Trends, Loss Development

· Catastrophe loads

· Model Demand for products for better decisions on pricing

· Provide custom rate pages

 

Insurance Business Planning

· Provide product design advice and assistance

· Competitive analysis

· Retention and demand models

· Research and design of new rating variables

 

Enterprise Risk Management

· Provide assistance documenting risk management efforts

· Model scenarios, from simple to complex

· Training and education

 

New Markets

· Assistance with expansion plans into new lines and/or new states

 

Special Projects