Price smarter.
Underwrite faster.
Win more.
PriceIQ replaces the spreadsheet-driven underwriting cycle with an AI-powered decision engine — from broker RFP to approved quote in minutes, not days.
Health insurance pricing is
still running on spreadsheets.
Underwriting teams face mounting RFP volumes with manual tools. Every quote is a race against time — and against competitors who move faster.
One platform for pricing, underwriting, and product design.
PriceIQ transforms the complexity of Group and Individual Health Pricing & Underwriting into a process that is simpler, accurate and accountable — low implementation effort, measurable improvement in loss ratio and win rates.
Underwriting Automation
Email ingestion, automatic data capture, market report reading, and standardised TOB generation — the entire intake flow automated end-to-end.
Product Design Engine
What-if simulations, risk-based pricing, credibility-weighted models, and sales guardrails — all in one product design workspace.
Governance & Approvals
Version-controlled pricings, multi-level approval workflows, full audit trail, and TOB-to-policy integration — compliance built into every decision.
Pricing Intelligence
Historical claims analysis, loss ratio modelling, scenario simulations, and risk segmentation to drive profitable underwriting every time.
From RFP to approved quote.
Under 30 minutes.
Six intelligent stages from broker submission to final quote delivery — no manual touchpoints in the standard flow.
Every broker RFP — email, PDF, Excel, or portal submission — is automatically ingested, classified, and queued for data extraction without manual handling.
AI reads market reports, loss run documents, and member census data — extracting structured inputs regardless of format, layout, or document quality.
PriceIQ segments the group by age band, claims history, benefit utilisation, and chronic conditions — building a complete risk profile before pricing begins.
Underwriters set target loss ratios and pricing thresholds. The system simulates product variants and selects the configuration that meets profitability targets.
Pricing decisions route automatically through the approval chain based on group size, risk band, and deviation from pricing guardrails.
Approved pricing auto-generates a formatted TOB, quote document, and benefit schedule — ready to send to the broker without any manual document work.
Hard-coded actuarial logic on every RFP. Age-band tables, credibility factors, benefit loadings, and regulatory rate floors — deterministic and fully auditable.
ML models trained on historical claims data identify risk patterns, simulate pricing scenarios, and help underwriters price competitively without eroding margins.
Measurable impact from deployment.
Built by practitioners. The numbers reflect real deployments with health insurers, TPAs, and reinsurers across India, UAE, and Saudi Arabia.
See PriceIQ quoting your next RFP in real time.
Our team will walk you through a demo built around your product mix, RFP volumes, and loss ratio targets — not a generic slide deck.