Underlying Inflation Analysis

Revealing the true cost pressures shaping your insurance supply chain

Procurato’s Underlying Inflation Analysis helps insurers move beyond headline rates to understand the real cost pressures within their claims supply chain. By combining internal claims and supplier data with external datasets, we deliver a clear view of the inflation that is actually impacting your pricing, underwriting, and claims performance.

About Underlying Inflation Analysis

Inflation in insurance is complex. While official rates provide a general picture, they rarely reflect the reality of rising costs across multiple services, labour and materials. For insurers, this means that underlying inflation is often significantly higher than the market suggests, creating pressure on claims costs, premiums and overall profitability.

Procurato addresses this challenge by building a tailored and automated analysis for your organisation. We cleanse and analyse claims and supply chain data, map it against multiple external sources, and reveal the specific cost trends driving your total cost. Whether in Motor, Property, Pet, Health or Commercial insurance, this approach delivers a granular, defensible view of the inflation your business is truly facing.

How it helps your business

Accurate Cost Visibility
Move beyond headline figures to uncover the actual inflation affecting your claims supply chain, segmented by service, supplier, geographies or other data points.

Improved Pricing & Underwriting
Use reliable inflation data to support pricing and underwriting with confidence, avoiding underpricing risks or unnecessary cost loading.

Stronger Supplier & Claims Management
Equip procurement and claims teams with evidence to review supplier rates, pricing models, and manage claims more effectively.

Forward-Looking Insight
Track emerging trends and forecast cost trajectories to support proactive planning and protect future profitability.

Overview

How it works

Our approach is flexible and tailored to your business priorities, ensuring the insights are both relevant and actionable:

Steps

01.

Data Integration  
We combine internal claims and supplier data with external datasets to capture the full spectrum of inflation drivers.

02.

Analysis & Benchmarking
Costs are cleansed, categorised, and mapped to market indicators, facilitating benchmarking and highlighting where your business is exposed to underlying inflation.

03.

Portfolio Segmentation
We build and present the analysis at category, supplier, and line-of-business levels, giving you a clear, granular view of cost pressures across Motor, Property, Pet, Health and Commercial insurance.

04.

Insight & Action
Insights are delivered through clear reports and interactive automated dashboards. Depending on your needs, we can offer you an ongoing inflation tracking system to help you stay on top of market trends and developments.

Find out

Our Deliverables

Inflation Baseline Report

Identified underlying claims inflation with clear cost drivers.

Interactive Dashboards

Slice and dice the data with interactive visualisation and ability to drill into granular data.

Automated Inflation Tracking

Set up system for you to monitor your underlying inflation going forward and forecasting facilitation.

Strategic Insight Report

Clear recommendations on how inflation findings should inform pricing, underwriting, procurement and claims management.

Why Procurato

We combine real industry expertise with technology that adds value. We speak the same language as your teams, avoiding consultancy complexity, and deliver insights in a clear, practical way.

Agile and adaptable, we stay aligned with your agenda even when challenges arise, always focused on delivering what we promise and leaving behind solutions that last.