Warranty Risk Management is the least understood, yet most impactful aspect of Warranty Program Design.
Accurate Cost Per Unit (CPU) forecasts are the foundation of stable prices, right-sized reserves, higher profits, and higher customer satisfaction/loyalty. Yet, nine-times-out-of-ten, they are prone to errors which can lead to unnecessary increases in premiums.
To help you gain a solid understanding of this complex discipline, MAPconnected has teamed up with Polaris Inc. and After Inc. to bring you an informative club event.
This four part discussion that will cover:
Part 1 – Defining the key components of Warranty Risk Management.
Part 2 – Introducing various types of risk structures and the pros/cons of each.
Part 3 – Illustrating how to accurately estimate losses and how errors can significantly impact program profits.
Part 4 – Concluding with a case study on Polaris, a long-time After client. Over the course of nine years, After/Polaris developed a risk roadmap together, that started from a completely outsourced warranty risk management structure and led to the creation of a stand-alone warranty company.
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