How small and medium-sized insurance companies can improve their pricing level

Small and medium-sized insurance companies can consider the following strategies to improve their pricing level:

1. Optimize data analysis and risk assessment: establish a perfect data analysis system, make full use of data analysis and risk assessment models to accurately assess the risk of the insured and differentiate pricing according to the level of risk.

2. Utilizing big data, artificial intelligence and other technological means to improve the efficiency and accuracy of insurers' internal business processes.

3. Developing and launching competitive insurance products to meet market demand and pricing them according to policyholders' needs and risk characteristics.

4. Establishing a sound risk management system and strengthening the control and monitoring of insurance risks.

5. Strengthen marketing and promotion.

6. Improve customer satisfaction.