Services ... to Insurance Firms

   ... Product Design

Background
With the assistance of its marketing and actuarial advisers the Client  was developing a niche market friendly society income protection product. Assistance was required on the underwriting and claims aspects and implications.

PMC Response
We worked with the Client’s actuarial advisers to develop the product suitable for the intended target market. Our input included a simplified approach to occupational risk classification. We also provided input on policy wordings and both the product brochure and key features documents.  

Client benefits

·	Rapid transition from plan to product launch

·	Access to specialist technical skills

·	A thinking-outside-the-box approach to technical risk assessment issues

Services .... to Insurance Firms