inRATE

Software for Property & Casualty Carriers

• multiple line of business  (mLOB) support
• grid based access to the database for underwriters
• full featured visual basic type of rule engine support
• ease of creation of new underwriting tables
• SQL database support

Finys rating engine has been developed with a business user in mind. Whether it is underwriting or it is the technical user, the application is developed to provide ease of operation and remain flexible to yield accurate premiums with the complex underwriting models.

Grid based UI integrated with Finys rating engine allows the underwriters to incorporate their data directly from the filing or other services into the structured database with minimal data entry errors.

The rate change engine supports visual basic like interface allowing technical users to build business rules in a flexible manner. The language syntax supports simple constructs like “If Then Else” as well as complex forms like calls to external DLL functions.

Creating and designing a new table in the rating module is a breeze. With a built-in powerful interface to create tables and the columns on the fly, the rating module gives freedom to underwriters to create multi-dimensional tables to incorporate rating rules.

Finys insurance product suite is developed using .NET framework for the thin client web browser deployment, allowing for ease of hot fixes and upgrades. The Service Oriented Architecture (SOA) facilitates interoperability between modules.

With simple still effective features written using leading edge technology, the Finys rating engine provides a highly maintainable system with superior performance for the underwriters and business users.