Polish insurer Quantee has partnered with arithmetica to transform insurance pricing practices across Austria, Germany, and the Central and Eastern Europe (CEE) region.
Seeking to address several significant challenges facing insurers in the CEE region, the move will tackle fragmented pricing processes, the shortage of skilled resources, and the need for modern pricing tools.
By combining Quantee’s innovative technology with arithmetica’s consultancy and actuarial capabilities, the two companies aim to optimise pricing strategies, enhance profitability, and ultimately deliver better customer value to insurers in the region.
“Partnering with arithmetica allows us to combine our innovative technology with their extensive industry experience and actuarial capabilities,” said Mateusz Gintrowski, Co-Founder of Quantee. “Our shared mission is to modernise and streamline insurance pricing functions, equipping insurers to meet the challenges of an increasingly competitive and dynamic market.”
The partnership will also look to unlock the potential of AI-based pricing models, increasing profitability and conversion ratios for insurers.
Moreover, arithmetica’s team will support the Quantee platform’s deployment through upskilling services, helping insurers bridge the gap left by a shortage of skilled resources. This combination of technological innovation and actuarial expertise will ensure that insurers can keep pace with evolving market conditions and regulatory changes.
The partnership is particularly significant given arithmetica’s strong presence in the CEE region. This extensive footprint provides an ideal platform for scaling Quantee’s technology and driving impactful results for insurers across the region.
“This partnership reflects our commitment to delivering innovative solutions to the insurance market,” said Alexander Pichler, Managing Director of arithmetica. “Quantee’s next-generation technology complements our advisory services, enabling us to offer transformative tools to clients across the Austrian market and beyond.”
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