Real-Time Intelligent Pricing (RTiP)

WannaSoft recognises that whether you are trading online or via the contact centre, pricing is key. In the contact centre staff can discuss costs versus benefits, but on the Internet the price quoted is paramount. With upwards of 70% of all private motor business now placed online, control over pricing is fundamental to successful broking.

Wanna Insure’s RTiP module comprises a unique set of user-friendly tools to both determine and manage pricing strategy.

WannaSoft can be used to identify market trends and then manipulate pricing in real time to increase conversion rates.

The RTiP module supports both internal and external rating engines for both net-rated and commission based schemes with an interactive Intelligent Pricing layer reaching out to all the risk data and rating factors for optimum flexibility.

The system is sufficiently customisable that it is possible to target, for example, female drivers aged 24 – 36, driving Peugeots and living in Somerset for the next 24 hours. The RTiP Campaign Monitor automatically version controls your schemes, fully defines start and end dates, collars and caps pricing, and works within a pre-determined campaign budget.

WannaSoft lets the broker make full use of his/her niche market knowledge and adjust price accordingly, at no extra cost.