Pricing in Insurance 4.0

Bernardo Nicoletti ()
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Bernardo Nicoletti: Temple University

Chapter Chapter 12 in Insurance 4.0, 2021, pp 349-354 from Palgrave Macmillan

Abstract: Abstract The business model canvasModelsbusiness model canvas for insurance 4.0 also considers the economic factors: revenue and costs. There is a belief that insurance 4.0 acts mainly on the reduction of expenses and investments. It does have an impact on revenue. The significant result is primarily on pricing. Insurance 4.0 support risk pricing. It can support in the direction of the extreme customization of risk evaluation and related policy pricing. This chapter presents a model and analyzes its impact. Similarly, investments by insurance companies are a vital source of income and should be fully supported in insurance 4.0.

Keywords: Insurance revenue; Pricing; Investments; Risk pricing (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-030-58426-9_12

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DOI: 10.1007/978-3-030-58426-9_12

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