Allianz Cornhill has said that Harmony, its flagship full cycle EDI home product, has gone live with Sirius following a successful pilot phase.
Harmony uses sophisticated perils rating to price each risk. Perils rating works on a “ground up” basis and uses a number of rating factors to accurately and competitively build each premium. This is the second perils rated product that Sirius has successfully implemented.
Andy Wiseman, business development director for Sirius said: “We are delighted with the way the pilot has progressed and are pleased to be able to offer Harmony to all Sirius users. A perils rated product is still rare in the market place and we are thrilled to have been able to deliver such an innovative product with Allianz Cornhill.”
