Pricing motor insurance - Bucharest

Bucharest 05 May 2017

Trainer: Luis Portugal


Pricing motor insurance workshop is designed for the employees of insurance companies involved in activities related to designing, pricing and advertising/selling motor insurance and aims to debate through case studies the main aspects relevant for the subject.

The workshop will be done in English.

Target group

Underwriters, commercial areas, product managers, pricing departments, marketing areas, risk managers and other professionals with interest on motor insurance pricing.

Course objectives

The workshop aims to present and explain what to consider when pricing motor insurance contracts:

• Understand the company context;
• Analyze the factors to consider on product design;
• Calculate pure and commercial premiums for different types of customers;
• Price review accordingly with results and capital requirements.



– Market Context
– Underwriting
– Claims Settling

Pricing Policy

– Risk Appetite
– Product Design
– Rating Factors


– Individuals
– Small Fleets
– Large Fleets

Portfolio Review

– Control System
– Capital Requirements
– Updating Prices


The workshop will be held by Luís Portugal Partner and Managing Director of ACTUARIAL Group. He is specialized in conducting consulting work to insurers and also Lecturer at the University of Barcelona and a Researcher at the University of Liverpool.
Luís Portugal was CEO of two insurance companies, director of the Portuguese Association of Insurers and Chairman of the Portuguese Institute of Actuaries. He was also Consulting/Appointed/Audit Actuary and Risk Manager on more than forty insurers.

Duration / Period

The workshop will take place on May 5, 2017, between 09:30 - 16:00 and will last for 5 hours.


The investment for this program is of 300 euro + VAT and includes the participation in the workshop, power point presentation, coffee-breaks.


At the above fee the following discounts will be granted:

  • 5% for registration and payment of the participation fee until March 27, 2017;
  • 3% for payment of the participation fee until April 1, 2017;
  • 5% for registration of more than two persons from the same company.

The discounts can be combined.

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