Developing a price optimization strategy used to be a complicated affair that involved various marketing research, in-store and online testing, analytics and consumer surveys — and even focus groups.

2015 saw approximately one-third of U.S. states 1 join the first state, Maryland, in issuing guidance to property and casualty insurers with respect to price optimization; action by the National ...

“We live in a nonlinear world,” said Dr. Oliver Bastert, vice president of product management for FICO Platform. “That means clear, consistent, ‘linear’ relationships between variables don’t always ...