JUST GROUP PLC Annual Report and Accounts 2020
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business model
Our resilient business model is designed to create long-term value in the retirement market for customers and shareholders Creating long-term value
How we create value
What sets us apart
Our strengths are the foundation of our sustainable success…
Our products and services are
distributed via our multi-channel model
RESILIENT AND AGILE • We have met our commitment to achieve capital self-sufficiency this year and we are continuing to increase our resilience. A STRONG REPUTATION • Our reputation in the retirement market is unrivalled. • We put the customer at the centre of what we do and this is reflected in the feedback we receive from customers. STRONG FINANCIAL, RISK MANAGEMENT AND TECHNICAL PRICING CAPABILITY • We are able to select risks that we know will create value. • Through hedging and reinsurance, we are able to manage our capital whilst continuing to grow and scale our business lines. INDUSTRY INNOVATOR • We have a strong track record of positively disrupting markets. • We selectively innovate and bring new solutions to market – you can read more about these on pages 5 and 9. IN-RETIREMENT SPECIALIST MARKET INSIGHT • We focus on attractive segments of the retirement market. • We understand our markets and invest time developing insight to drive the direction of our business and to understand what our customers need.
RISK SELECTION Selecting the right risks and pricing our products appropriately
PrognoSys™ is our powerful proprietary tool for pricing and reserving that allows the Group to identify and price for the risks we want and improve customer outcomes.
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