New partnership: Quantee x arithmetica
Warsaw, Poland — 9th January 2025
Quantee and arithmetica Join Forces to Deliver a Next-Generation Pricing Software to Insurers
Quantee, a leading provider of next-generation insurance pricing software, and arithmetica, a distinguished actuarial consulting firm established in 1982, are proud to announce a strategic partnership aimed at transforming insurance pricing practices across Austria, Germany and Central and Eastern Europe (CEE).
This collaboration brings together Quantee’s state-of-the-art pricing platform and arithmetica’s deep expertise in insurance consulting leveraging connections with leading industry players to empower insurers to take their pricing sophistication to the next level. Together, the two companies will provide cutting-edge solutions to optimize pricing strategies, enhance profitability, and deliver unparalleled customer value.
“Partnering with arithmetica allows us to combine our innovative technology with their extensive industry experience and actuarial capabilities,” said Mateusz Gintrowski, Co-Founder of Quantee. “Our shared mission is to modernize and streamline insurance pricing functions, equipping insurers to meet the challenges of an increasingly competitive and dynamic market.”
arithmetica’s collaboration with Quantee is poised to address several key challenges experienced by multiple companies in the insurance sector:
- Fragmented insurance pricing process: Implementing Quantee’s AI-driven platform, insurers can modernize their pricing process and implement the entire pricing process within a single solution, removing dependency on IT for pricing changes and reducing time to market from months to hours.
- Live implementation of AI-based pricing models: arithmetica and Quantee bring to the market unique capabilities that unlock the potential of advanced AI-based pricing models, leading to increased profitability and conversion ratios.
- Shortage of skilled resources: Increased efficiency facilitated by Quantee platform, combined with implementation, team extension and upskilling services provided by arithmetica, help insurers fill the resources gap, allowing them to keep up the pace of the market dynamics and ever-changing regulatory and competitive landscape.
“This partnership reflects our commitment to delivering innovative solutions to the insurance market,” said Alexander Pichler, Managing Director of arithmetica. “Quantee’s next-generation technology complements our advisory services, enabling us to offer transformative tools to clients across the Austrian market and beyond.”
arithmetica’s extensive footprint in the CEE region offers an ideal platform for scaling Quantee’s technology and driving measurable results for insurers. The collaboration also underscores both companies’ dedication to fostering pricing transformation and operational excellence in the insurance industry.
About Quantee
Quantee is a leading global provider of a next-generation insurance pricing platform for insurers, MGAs and brokers, powered by AI. Quantee’s platform helps to build and deploy more competitive pricing models up to 10 times faster and manage them in real time. Quantee’s innovative pricing platform is used by major insurance groups as well as by multiple local insurers across the globe. Find out more at https://www.quantee.ai/
About arithmetica
arithmetica is a leading provider of innovative mathematical solutions for insurers and banks. Its cutting-edge tools and tailored services empower more efficient risk models, optimized pricing, and data-driven decision-making. Major insurance groups and local providers rely on arithmetica’s solutions to enhance their operations. Learn more at https://www.arithmetica.at/en/insurance
For media inquiries, please contact:
Quantee sp. z o.o.
Al. Jerozolimskie 81
02-001 Warsaw, Poland
arithmetica
arithmetica Consulting GmbH
Schottenring 13-15
1010 Vienna, Austria