For Insurers

Streamline pricing operations
for bicycle insurance

Effortlessly oversee your entire pricing model management process using Swallow's no-code platform and powerful API

$0
No upfront or implementation costs
1 minute
To build, test, approve and publish a pricing change
10,000
Tests can be performed every minute
1,000,000
Quotes can be created and stored per hour

Why not give it a go?

Here's a simple quote form for a bicycle insurance product, created in Swallow.

How we built the bicycle insurance model in Swallow

Input
Define what information we need to collect to power our model
  • The properties from the customer (bicycle make, bicycle type, bicycle value)
  • The internal properties (commissions, taxes)
Transform
Normalise customer inputted properties
  • Create age from date of birth (1980-01-01 -> 43)
  • Create a new property for the postcode area (i.e. SW1A1AA -> SW)
Data Set
Use the transformed postcode to enrich from a larger dataset
  • This large data set returns new properties like a rural/urban rating, a crime index and demographic data
EXCLUSIONS
Create rules around which quotes we will exclude
  • Create rules to exclude based on bicycle value and bicycle makes
Factors
Create multiple factors that map to all the new and inputted properties
  • Map granular relativities, excesses and exclusions from factors tables
  • Create more complex 2 dimensional factors tables
Calculation
Configure our properties and returned factors into multiple calculations
  • Calculate the annual premium
  • Calculate the tax and commission on the annual premium
  • Combine calculations together for a final premium to display
Output
Define what information we will show the customer
  • Expose the tax and commission

Swallow is helping insurers like you

Manage your pricing end-to-end with our modern pricing platform

Build GLMs faster

Create your own models in our no-code builder. Upload ratings tables with multi-dimensional factors and enrichment APIs. Write rules, exclusions and endorsements easily without code.

Confidence in live pricing

Create and run a large number of tests on the latest pricing as if it were live. Ensure live pricing matches your offline modelling. Easily compare versions of pricing to see movement between models.

Approve and publish at scale

Key stakeholders can approve pricing changes before they go live, in accordance with your governance process. Once ready, it's a single click to publish prices live to web forms and APIs.

Developers

Supported by a powerful API

Swallow's API facilitates effortless data exchange, streamlining processes and empowering developers to create innovative solutions and customisations, making it a dynamic and adaptable tool for a variety of use cases.

View API docs

Our users are loving Swallow

Jim Engine
Company name
    

Swallow looks very intuitive and easy to use. I think it could help me build my financial models with no-code 👌🏻

Jim Engine
Company name
    

Swallow looks very intuitive and easy to use. I think it could help me build my financial models with no-code 👌🏻

Jim Engine
Company name
    

Swallow looks very intuitive and easy to use. I think it could help me build my financial models with no-code 👌🏻