About us
Com-PASS Advisory is a Prague-based actuarial consultancy serving non-life insurers across the CEE region since 2013.
Who we are
We are Com-PASS, an actuarial consulting practice founded in 2013 in Prague by senior actuaries who, after years at a Big4 firm, decided to do things differently. More than a decade later, that choice still shapes how we operate. We answer to clients, and we keep our delivery quality high because it is the basis of our reputation.
We specialise in non-life insurance and serve insurers across Central and Eastern Europe, including the Czech Republic, Slovakia, Croatia, Austria, and beyond. The team has grown to around fifteen members, split roughly between senior consultants and developers, with a deliberate culture of bridging actuarial science and software engineering. Many team members belong to the Czech Society of Actuaries (ČSpA), and we contribute to the community actively.
Team
Our approach
The actuarial market is full of vendors who deliver a standardised methodology and walk away. We do the opposite. Every engagement starts from the question your team is actually trying to answer, and ends with a solution your team can run, defend, and build on after we leave.
Three things define how we work:
- Senior delivery, quality first. Senior actuaries and engineers sit at the table from day one. The person reviewing your reserving methodology is the same person presenting it to your board. We hold our work to the standards that built our practice.
- Practitioners, not project managers. You get the people who do the work, not a layer of coordinators in front of them. Decisions happen quickly because the people making them are in the room.
- Programmers and actuaries, side by side. Our flat, family-sized team is built around the conviction that modern actuarial work is also software work. You bring the actuarial question or the engineering question. We bring the missing half.
Our journey
Our journey of helping customers grow their business.
GLM-based risk model used to build a working motor ratebook.
First implementation of competitor monitoring for MTPL.
Com-PASS Advisory s.r.o. founded.
Individual renewals introduced. Per-policy renewal pricing using market-monitoring data.
Renewal optimisation. Profit-maximisation algorithm under a lapse-rate ceiling, applied to per-policy renewal pricing.
Regional risk segmentation model using GPS-coordinate smoothing of residence data and cluster analysis.
Improved renewal optimisation. Additional profit over the 2015 baseline.
External data introduced into risk pricing. Traffic density at place of residence added as a feature.
New-business price optimisation begins. Low-frequency / high-severity loss risk added to the tariff model.
Pilot demonstrating the impact of new-business price optimisation and dynamic pricing.
ML-based price monitoring. First client deployments of new-business optimisation.
Client Zone application launched at com-pass.cz.
New-business optimisation goes live in production, serving millions of MTPL quotes each week.
Monthly risk reporting launched as a recurring service for insurers.
Adaptive Valuation Approach (AVA) of risk modelling runs as a regular process.
Market monitoring for CASCO is ready for you!
Dynamic Pricing extended from MTPL to CASCO.
Stay ahead of your competition with us.
Almost two decades of compounding work on motor pricing, applied to your book. Talk to us about where to start.