Solid Försäkring has a data-driven pricing strategy in which risk-based calculations play a central role. The pricing of insurance products is based on four components that are comprised from historical data and forward-looking forecasts over claims and damages and administrative and other expenses for the specific product (OPEX). Following this, Solid Försäkring adds an acceptable margin and, depending on the payment model, a partner commission. These four components then comprise the final pricing of the product. Solid Försäkring also applies a structured process for following up on the insurance portfolio’s outcomes.