Insurance rating and underwriting software
Ratabase—the industry’s leading rating and underwriting rules engine
Ratabase® is the industry’s leading insurance rating and underwriting software. Ratabase’s proven functionality, scalability and flexible technology empowers business users from over 100 carriers to quickly deploy extremely complex rating programs and product segmentation in a fraction of the time and cost of other options. Ratabase scored the greatest breadth of functionality and most advanced, flexible technology in a Celent Report on US Property/Casualty Rating Systems.
Ratabase rating software brings immediate value to both small and large carriers that need to:
- Upgrade policy administration systems
- Consolidate systems and platforms
- Provide online information or quotes to agents, brokers or consumers
- Deploy systems and insurance products more rapidly
Proven rating rules engine
Ratabase is a highly scalable and proven rules engine that brings business and IT communities together with one high-powered insurance rating software solution that allows each group to focus on their area of expertise, resulting in quicker time to market and lower costs.
This is accomplished by a two-fold conceptual model. The business concept empowers the business user to develop, manipulate and test business rules related to rating. The technological concept provides a clearly segregated windows development workstation environment and a multi-platformed calculator to be implemented in the production environment.
Leading insurance rating software
CGI’s Ratabase rating and underwriting rules engine has been installed at more than 100 clients and on applications ranging from policy administration to underwriting to web quoting tools and more. Known for best-in-class delivery and implementation services, CGI experts have built the insurance software to support virtually any platform / database combination and has been successfully installed on mainframe, Windows and Unix environments.
CGI has a proven reputation for exceptional quality with industry best practices around implementation—Ratabase projects are 95% on time and on budget.
Key benefits for Ratabase insurance rating software include the following:
- Cut costs and improve time to market
- Capitalize on new opportunities and regulatory changes
- Increase product agility
- Enhance product customization and distribution channels
- Improve pricing with powerful tools that evaluate risk and calculate premium quickly and accurately
- Eliminate non-compliance fines and increase revenue through greater rating accuracy
- Improve product development times by as much as 80%
Also see
- Case study – Harford Mutual uses CGI’s Ratabase to put online rating in the hands of happy agents
- Report – Celent U.S. Property/Casualty Rating Systems - CGI's Ratabase earns high marks (PDF)
- Brochures (PDF) –
- Article – Rating: Strategic Asset or Maintenance Nightmare? (PDF)
For information on this or any other insurance solution, please contact us.
