Our models can be used to price substandard risks and our systems can serve to apply coverage conditions at the most detailed level.
We value every applicant and we have established a solid strategy where even the applicants with unfavorable health conditions can receive coverage under specific terms. Our models can be used to price substandard risks and our systems can serve to apply coverage conditions at the most detailed level. Together they provide our clients with the capability to reach all market segments while maintaining profitability.
The Production Module is an essential tool in PUMA arsenal. In a competitive and constantly evolving insurance market, this application allows our clients to efficiently adapt to their customers’ needs.
Medical Scoring Module
Through our proprietary Medical Scoring system, our clients can move beyond traditional risk parameters such as demographic profiles. Now they can identify the specific health risk of an individual allowing them to more effectively manage their portfolio risk. The model is built on an extensive pool of historical claims data and is continuously being evaluated to reflect recent experience and emerging trends.
Deep Dive Module
With the Deep Dive module our clients can experience a whole new way of in-depth analysis. This innovative business intelligence application allows our clients to monitor their up-to-date portfolios, by either accessing a menu of predefined analysis reports or diving straight into the raw data.
Using built-in algorithms, this tool can measure the impact of applying specific underwriting conditions to targeted segments of a group portfolio. It is a revolutionary approach to group renewal underwriting that allows insurers to improve a group’s profitability by containing costs rather than increasing premiums.
Actuarial Service Module
The PUMA solution was designed to embrace the scientific approach to managing healthcare. In this spirit, the solution provides our clients access to an in-house actuarial services department comprising a dedicated team of qualified actuaries offering a range of specialized services.