Insurance Rating and Pricing

Smarter pricing. Faster decisions. Increased profitability.

Flexible, low-code rating and pricing engine for trusted specialty insurance calculations.

Modify complex rating and
pricing calculations in hours not months.

Actuaries trust how Decisions streamlines complex rating and pricing with a flexible, low-code rules engine. IT loves how it works seamlessly alongside legacy and existing systems, enabling precise automation of intricate formulas and risk factors.

Insurers can adjust rating and pricing models in real-time, responding swiftly to market shifts and regulatory updates, all while enhancing accuracy and efficiency without adding complexity to their existing infrastructure.

Low-Code Rules Engine

Build complex decision logic for precise pricing and rating, tailored to specific risks, coverage types, or datasets without deep development resources.

Dynamic Data Mapping

Automatically convert, organize, and standardize data from various sources, expediting complicated pricing and rating workflows.

Modular Automation

Customize, scale, and adapt effortlessly with modular automation—enhancing processes without disrupting systems.

Real-Time Adjustments

Modify rules and pricing models in real-time as criteria, market conditions, or regulations change, without long development cycles.

Built-In Compliance Tools

Embed automated checks and validations into pricing and rating workflows to stay compliant with industry standards.

Seamless Integration with Existing Systems

Integrate with legacy systems and third-party applications with an open API to create a unified underwriting process.

Design any process
for greater efficiency.

Leverage Decisions beyond rating and pricing improvements. Automate any process outside of legacy systems in specialty insurance to streamline workflows, enhance accuracy, and reduce manual effort.

Decisions’ flexible, low-code platform allows you to design, customize, and optimize processes for underwriting, claims, compliance, and more—enabling agile responses to change and driving greater operational efficiency across your organization.

Real-time agility for complex rules.

Adapt rules, workflows, and decision logic in real-time, enabling faster responses to changes or evolving risk factors. Modify processes quickly without major rework.

Seamless integration and intelligent automation.

Simplified governance
and auditing.

Track, audit, and manage pricing and rating processes with ease. Transparent rules management and detailed audit trails streamline compliance, reducing the manual burden of audits or ad hoc governance.

Enhanced risk management and compliance.

Uncomplicated integration.

Used as a robust orchestration layer, Decisions integrates all your systems, legacy platforms, and third-party applications, accelerating pricing and rating processes with real-time data flow and automation. The open API architecture allows seamless connectivity, speeding up data exchange and increasing accuracy.