Case Study: Funeral Directors Life cuts pricing runtimes by 95% with Slope

Funeral Directors Life cuts pricing runtimes by 95% with Slope

Funeral Directors Life, an insurance company, faced significant challenges after a change in personnel led to a loss of institutional knowledge. Their legacy actuarial system was inflexible, requiring extensive workarounds and forcing pricing cycles to take up to two weeks. This inefficiency prevented them from being proactive in their market. They turned to Slope Software for a modern solution.

Slope provided a flexible platform with user-defined formulas that could accurately model their unique pre-need insurance products. The solution drastically reduced their pricing cycle time by 95%, from two weeks down to just a few hours. This efficiency gain allowed Funeral Directors Life to run pricing more frequently and strategically, enabling them to set the market rather than follow it.

Funeral Directors Life