For carriers using Insurance Service Office (ISO) products, keeping up with rate and rule changes can be a real headache. The ISO Electronic Rating Content (ERC) service from CGI makes maintenance a breeze.
Ratabase is the “gold standard” in rating
Using the industry’s leading rating engine, the Ratabase / ISO ERC solution allows you to stand up and maintain ISO ERC-supported insurance products. CGI has developed a process to convert rate tables and algorithms from the ISO ERC format into Ratabase. Once configured into the Ratabase utility, the application can stand up a new line of business in weeks instead of months, reducing effort and cost.