Skylined
Member
Registered: 27th Sep 05
Location: Sideways, Surrey
User status: Offline
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How do insurance companies work out your price
From what I can gather, they take all your details and possibly pass these on to a 'third party' such as a broker company, who works out a 'risk value' for that particular individual - which puts them in a certain price bracket
Is this basically it?
Doing some Uni work about modelling two insurance companies that are merging and need to get some base ideas about how each one works before anything else can be considered.
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