Deloitte teams up with Quantee, Polish insurtech company
Among others, to work on the roll-out of the insurance pricing engine developed by Quantee
As part of the strategic cooperation, Deloitte experts will be involved in the deployment of Quantee’s engine and provide the company with actuarial support in the process of insurance ratemaking. Deloitte will deal with both the business and the technical aspects of the software implementation. At present the partnership is focused on Poland, but expanding in the region of Central Europe is also planned.
The platform developed by Quantee is a modern end-to-end solution that supports the whole insurance pricing process. The engine allows users to apply both traditional methods and innovative techniques such as machine learning and neural networks. Quantee’s tool was noticed and recognized during one of the most prominent Insurtech conferences - Insurtech Insights Europe, which took place in London a few days ago.
Deloitte will be engaged in the Quantee platform deployment, among others, by providing actuarial support in the process of improving insurance pricing. Deloitte experts will also help to integrate the software with clients’ systems and design new software functionalities.
Working closely with innovative tech partners is one of our key priorities. The contract just signed with Quantee seals the relationship that we have been building for many months. We believe that, by combining Deloitte’s actuarial and technological competence and experience with Quantee's excellent tool and unique value proposition, we have found a recipe for success
– says Adam Pasternak-Winiarski, actuarial and insurance services director, Deloitte Poland.
The Quantee platform fits into the insurtech transformation trend which emerged a few years ago and has intensified during the pandemic period. Calculating insurance rates and premiums in the major business lines, such as motor, home and health insurance, is among the areas that have benefited most from the digital revolution. The focal point of this trend is to implement a more dynamic and personalized approach to ratemaking.
Joining forces with Deloitte is a natural step in our consistently built development strategy. We are confident that Quantee’s cooperation with a partner of such renown and competences as Deloitte will allow us firstly to efficiently handle the growing interest in the platform implementations, and secondly to accelerate our expansion in foreign markets
– concludes Mateusz Gintrowski, Co-founder of Quantee.
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