Transforming insurance pricing
Insurance pricing is core to carriers’ success. Ratabase is an insurance rating and product configuration solution designed to modernize insurance pricing.
By placing greater power in the hands of your business experts, you can leverage information like never before—segmenting markets, performing impact analysis, spotting trends, conducting hypothesis testing, and offering customers more competitive products.
The foundation of pricing excellence
Ratabase is the “gold standard” in insurance rating, with a 30+ year history of supporting major insurers, 100+ on-premise and cloud implementations, and an average client satisfaction score of 9.8 out of 10.
Build once, distribute anywhere
Accelerate your time to market by developing and managing products more efficiently. With Ratabase, your business users can manage all aspects of the rating process using our no-code/low-code platform.
Rate in real time for any line of business
A powerful solution for complex rating, Ratabase’s highly scalable and reliable rating engine rates policy transactions for any line of business in real time with a sub-second response rate.
Connect to anything
Ratabase’s rapid plug-and-play integration capability enables fast and easy connection to any enterprise system, simplifying complex business processes.
$450B+
premiums processed annually
50%
increase in staff productivity
7 of 10
top US insurance carriers use Ratabase to automate their underwriting
75%
reduction in days required to implement changes
200+
insurance clients globally
4,000
data items processed in sub-seconds
Ratabase in the Cloud
Ratabase is designed for high availability, throughput, and scalability in the cloud. The solution’s rating service can be deployed in the cloud using cloud-native services that provide auto-scale capabilities for elastic computing.
Ratabase Actuarial
Ratabase Actuarial enhances decision-making through simulation and analysis, increasing pricing accuracy and speeding up the product innovation life cycle. We deliver Ratabase Actuarial as a prebuilt SaaS offering that enables you to connect external data sources, reduce integration costs, and enable platform scalability.
Ratabase360
An SaaS-based, cloud-native version of our award-winning platform, Ratabase360 delivers end-to-end rating and rules capabilities designed with underwriting and pricing specialists in mind. It places all aspects of pricing and rating in the hands of the business, while ensuring accountability through stringent governance, compliance and audit practices.
CGI Precision Marketplace
This SaaS offering enriches rating data with external data sources to enhance validation and pricing calculations rules.
Regulatory and Statistical Reporting
CGI manages all facets of statistical reporting, including timely and accurate data submission, data corrections, regulatory changes, and reporting compliance.
CGI Precision Tap2Drive
Improve driving behavior and reduce losses with real-time hazard alerts via our smartphone-based CGI Precision Tap2Drive application. Our solution delivers all the data you need to power your usage-based insurance program.