By module
Underwriting & policy
From product design to a bound, endorsed, renewing policy — with transparent rating, a rules engine that routes referrals, and structured schedules that feed the documents.
Best use case
Insurers who want consistent, auditable pricing and a clean quote→bind lifecycle where the debit note and schedule generate from structured data.
Product factory & rating
A product carries a base rate, minimum premium and coverages (each with its own rate). The workbench rates every quote from the product, so pricing is consistent and changing a rate flows to new quotes immediately.
The rating workbench
- Score the riskHazard level, prior claims, loss ratio and size produce a transparent risk score & band— no black box.
- Apply the rulesDeclarative rules refer / decline / load by line, sum-insured band and score. Over-authority quotes are referred, not bound.
- Freeze the ratingThe premium, decision and risk snapshot freeze onto the policy at quote time.
Lifecycle
Quote → (refer/decline) → bind → active → cancel/expire → renew. Bind issues a booking code and posts the debit note; endorsements carry premium/SI deltas; renewalre-rates into a fresh quote linked to the prior term.
Best practice
Capture schedule & cover terms as structured fields at quote time — the policy schedule and debit note generate from them, so documents are always consistent and reprintable.