Rating & Rules Engine
The integrated Rules Engine allows you to load and maintain rates and business rules for all your standard and non-standard lines of business. The intuitive interface is easy to use; rates can be copied from Microsoft Excel, allowing business users to effectively manage rates without programming intervention.
The Rules Engine also enables straight through processing of policies you define as standard - based on various parameters or user inputs – and tells the system to ensure that all unusual risks are analyzed. To ensure consistency and improve compliance you can systematically make complex decisions inside the Rule Engine module.