Product Design & Pricing Services in UAE & Gulf
The insurance industry in the UAE and Gulf is highly competitive, requiring insurers to design profitable, market-relevant, and compliant products that balance customer affordability, risk exposure, and regulatory requirements. Without an optimized product design and pricing strategy, insurers risk low profitability, high claims ratios, and regulatory penalties.
Why Insurance
Product Design &
Pricing Matters
Regulatory Compliance Issues
Non-compliance with IFRS 17, Solvency II, and UAE regulations leads to financial penalties.
Market Competitiveness Challenges
Ineffective product positioning reduces customer acquisition.
How Our Product Design & Pricing Process Works
Market & Risk Analysis
We conduct market research, competitor analysis, and actuarial risk evaluation to determine product feasibility.
Actuarial Pricing Model Development
Using advanced risk-based pricing models, we develop premium structures and profit forecasting models for new and existing insurance products.
Compliance Review & Implementation
We provide IFRS 17-compliant product pricing reports, regulatory filings, and solvency assessments to ensure seamless approval.
Our Product Design & Pricing Solutions
Insurance Product Development & Market Analysis Helping insurers conceptualize, structure, and launch new insurance products based on actuarial risk models and market research
Key Benefits:
✔ Comprehensive feasibility studies & market demand analysis
✔ Risk-adjusted pricing strategy for competitive positioning
✔ AI-driven analytics for policyholder behavior prediction
Pricing & Profitability Optimization
Designing actuarial pricing models that ensure sustainable profitability while keeping products competitive in the market.
Key Benefits:
✔ Risk-based premium pricing tailored to target markets
✔ Loss ratio analysis & expense load calibration
✔ Actuarial projections for future profitability & claims trends
Underwriting & Risk-Based Pricing Models
Enhancing underwriting standards and risk-adjusted pricing to improve financial performance and claims sustainability.
Key Benefits:
✔ AI-driven risk segmentation for better underwriting
✔ Experience-rated pricing models for different risk categories
✔ Predictive analytics for lapse rates and claims probability.
Regulatory Compliance & IFRS 17 Pricing Models
Ensuring all insurance product pricing and financial models comply with IFRS 17, Solvency II, and local regulatory frameworks.
Key Benefits:
✔ IFRS 17-compliant insurance product pricing models
✔ Solvency and capital adequacy stress testing
✔ Regulatory approval & actuarial reporting support
Reinsurance Strategy & Pricing Impact Analysis
Helping insurers optimize reinsurance agreements and product pricing to balance risk-sharing and profitability.
Key Benefits:
✔ Reinsurance treaty structuring & risk transfer modeling
✔ Catastrophe risk modeling for large loss mitigation
✔ Cost-benefit analysis for quota share & excess-loss reinsurance
Why Choose RJAC Gulf Partners?
- UAE & Gulf Insurance Market Expertise – Tailored solutions for life, health & general insurance providers.
- AI-Powered Actuarial Pricing Models – Ensuring risk-based premium structures & profitability optimization.
- IFRS 17 & Regulatory Compliance – Aligning pricing models with solvency & accounting standards.
- Custom Solutions for Insurers & Reinsurers – Tailored pricing, underwriting & product positioning strategies.
- Proven Industry Success – Trusted by top insurance firms, reinsurers & financial institutions.
Launch competitive, profitable insurance products with actuarial-driven pricing strategies from RJAC Gulf Partners.
Actuarial models help analyze risk factors, claims behavior, and policyholder trends to design profitable, sustainable, and compliant insurance pricing strategies
IFRS 17 ensures that insurance contracts are priced and valued correctly, aligning with solvency and financial reporting requirements.
Predictive models use historical data, customer trends, and AI-driven analytics to forecast claims probability, lapse rates, and profitability trends.
We conduct market research, competitor analysis, and actuarial risk evaluation to determine product feasibility.