Not All Optimization Is Price Optimization; Allstate’s CGR Proves It

Overview

Allstate’s rating process made price optimization the biggest controversy in P/C insurance. But it might not be what it seems, according to James Lynch, chief actuary of the Insurance Information Institute.

In this white paper, Lynch explains what he calls the ultimate irony—that “the Allstate plan that kicked off the brouhaha might not even be price optimization.”

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