AXA PPP Healthcare is developing its own quote engine to price risks more accurately.
AXA PPP's distribution development manager Nye Jones said the quote engine would go live next year.
"Data and information is vital for the health industry to move forward," he said. "We are developing and testing our new pricing capability which will put us in a stronger position to develop new ways of pricing."
Jones said AXA PPP had been pricing by postcodes since the second quarter of this year.
He said the quote engine was a "natural extension of an increase in better pricing".