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
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.
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.
Meet our team leading projects in this area
Lucia Oravcova
Senior Manager
Lucia is a procurement and insurance specialist with strong expertise in data analysis and risk management. She takes a structured, data-driven approach to combining internal and external datasets, which is exactly the discipline needed to separate genuine inflation from ordinary cost variation. At Procurato, Lucia helps insurers build a granular and defensible view of the cost pressures affecting their claims supply chain, giving pricing and underwriting teams data they can trust.
Marco Marambe
Managing Director
Marco spent 15 years in senior procurement and supply chain roles across FTSE 100 financial and insurance services organisations, including strategic sourcing positions at RSA and a procurement leadership role at Aspen Insurance Group. Marco’s first-hand experience negotiating supplier rates and pricing models within insurers gives him a practical understanding of where genuine cost inflation originates, as opposed to what headline market rates suggest. Marco brings this insurer-side perspective to inflation analysis, helping clients separate real cost pressure from noise and act on it with confidence.
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.
Would like to make an impact on your business today with industry-driven approach and leading specialists?
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