Quantee and Arithmetica Join Forces to Revolutionize Insurance Pricing in the CEE Region

Quantee and Arithmetica Join Forces to Revolutionize Insurance Pricing in the CEE Region

Polish insurer Quantee has announced a strategic partnership with arithmetica aimed at revolutionizing insurance pricing practices in Austria, Germany, and the Central and Eastern Europe (CEE) region. This collaboration seeks to tackle pressing challenges such as fragmented pricing processes and a shortage of skilled resources, while also introducing modern pricing tools to enhance the industry’s efficiency.

Transforming Insurance Pricing in CEE

By integrating Quantee’s cutting-edge technology with arithmetica’s consultancy and actuarial expertise, the partnership aspires to:

  • Optimize pricing strategies for better profitability.
  • Deliver enhanced value to customers across the insurance sector.
  • Address the skills gap in the insurance workforce.

Strategic Benefits of the Partnership

Mateusz Gintrowski, Co-Founder of Quantee, emphasized the significance of this partnership, stating, “Partnering with arithmetica allows us to combine our innovative technology with their extensive industry experience and actuarial capabilities.” He highlighted that their collective goal is to modernize insurance pricing functions to help insurers adapt to an increasingly competitive and dynamic market.

The collaboration also focuses on unlocking the potential of AI-based pricing models, with the aim of:

  • Increasing profitability for insurers.
  • Enhancing conversion ratios.

Bridging the Skills Gap

As part of the initiative, arithmetica’s team will provide upskilling services to facilitate the deployment of the Quantee platform. This will aid insurers in overcoming the challenges posed by the scarcity of skilled resources, ensuring they remain competitive in a rapidly changing market landscape.

Given arithmetica’s strong foothold in the CEE region, the partnership is well-positioned to scale Quantee’s technology effectively, driving significant results for insurers across these markets.

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Commitment to Innovation

Alexander Pichler, Managing Director of arithmetica, remarked, “This partnership reflects our commitment to delivering innovative solutions to the insurance market.” He noted that Quantee’s next-generation technology complements their advisory services, allowing them to provide transformative tools to clients in Austria and beyond.

For more insights on insurance technology and innovations, visit Insurance Tech or check our insurance solutions page.

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