Best Insurance Underwriting and Rating Software of 2024

FINEOS Platform offers clients the only comprehensive SaaS core product suite. It includes FINEOS AdminSuite, which allows for quote to claim administration, as well as FINEOS Engage which supports digital engagement, and FINEOS Intelsight for analytics. Your digital insurance strategy's foundation. FINEOS Platform seamlessly combines FINEOS AdminSuite, FINEOS Engage, FINEOS Insight, and Platform Capabilities to create a modern, single-core insurance platform for Life, Accident, and Health. Legacy core systems used a single-size-fits-all approach to business technology that does not fit the needs of agile businesses. Consumers, brokers, and employers have access to powerful SaaS computing platforms, software tools, and a higher standard for digital strategy for insurers. The monolithic models of insurance software that were used in the past focused only on the details of the insurance contract.

Apropos Business Solutions, Inc. offers standard products, custom databases development, custom web-enabled apps, website design, and hosting. Premium Finance Manager and Agent quote module for premium finance companies are two standard products. We can create custom database applications using Microsoft Access or SQL Server. Interactive websites can be created that support electronic commerce and integrate with your company's database. Our customers receive web hosting to help them with their website design, implementation, and ongoing support. Premium Finance Manager is a great product at a great price. But you want more. You need great service! Apropos offers the services you need: installation, setup, training, ongoing support, and more. You have the software and services you need, but you still need more. You need a guarantee.

Advanced Insurance System (AIS), which is available to all sizes of organizations, is intended to be an out-of the box solution. Customers can also modify and deploy products quickly, while also taking advantage of the wide range of configuration capabilities of the software. This modular integrated system can be used to interface with other platforms or as a complete policy administration solution. It can be used for Personal, Commercial, and Specialty business lines. AIS makes it easy to create new lines. AIS gives agents and insurers the functionality they need to grow their business. AIS provides automation and self-service functionality in a highly competitive market to increase sales and save time. AIS gives you the competitive advantage that you've been searching for.

Global IQX provides AI-powered automation tools to enable sales and underwriting teams focus on their best work. Global IQX is launching several new AI and machine learning initiatives this year. This will allow us to continue to improve our automation and predictive analytics capabilities in order to better align insurers with customer expectations. Global IQX is the leader in AI-driven employee benefits software. Global IQX is well-known for its sales and underwriting workbench. It provides configurable components that allow for quoting and rating, proposals, enrollment, renewals, and proposal submissions for all benefit products. This platform is the foundation of digital transformation in the insurance sector. Its array of dynamic AI tools, configurable module and microservices allow insurers around the world to digitize, streamline, automate and automate new business processes and renewals for employee and voluntary benefits.

USSI is proud that it offers its entire range of professional insurance software solutions. These software solutions are designed to be a complete turnkey administration solution. USSI's comprehensive software solutions will ensure that your insurance company operates at the highest level in a changing and competitive market. USSI's InsurancePlus Individual Life and Health Administration software solution manages the books of business for traditional and new non-traditional Life and Health insurance businesses. Products supported include Whole and term life, interest sensitive, final Expense, annuities, supplemental health, and others. USSI's InsurancePlus Group Life and Health Administration software solution manages the books of business for Group Health insurance providers, Self-Insured Funds and TPA's. The supported plan offerings include Point of Service and Major Medical, Term Life and High Deductible, Traditional Insurance, etc.

SpeedBuilder Systems is committed to developing software products that make it easier for you and your customers, and to help them do business faster. Our BindExpress Suite package, whether you are an insurance agent, or an insured entity, is an end to end policy administration system that delivers exceptional ease-of-use, quick alterations, superior results, and superior results for personal as well as commercial insurance lines. This technology will put you miles ahead of your competition, from policy administration to claims processing to billing to premium accounting.

GO-INSUR is a digital transformation of the policy administration system. It offers an innovative cloud-based, cloud-based insurance solution that is flexible, robust, and quickly scalable. One of the UK's most respected digital insurance specialists, GO-INSUR was built by Marsh, Legal & General and British Friendly, among others. GO-INSUR allows you to quickly distribute new products and increase policy sales. Legacy systems and the high cost of new technology are limiting revenue growth in insurance. Go-Insur's cloud-based platform changes all that. It allows you to sell new products faster and expand distribution more economically. Our agile delivery and customer-centric design provide Insurers, Brokers and MGAs with an intuitive cloud-based platform that allows them to be responsive, flexible, and speedy. Go-Insur will help you get products to market quicker, exploit market gaps and expand your distribution. You'll also see a higher ROI on policies.

Earnix-powered solutions are based on data and analytics. We use world-class data science, optimization algorithms, machine learning capabilities, and analytical modeling tools to deliver the most personalized and affordable financial product to every customer. We facilitate the integration of traditional GLM/GAM models and ML models, with a focus on ensuring that these models can be used for pricing, rating and personalization strategies. We created a Hybrid Model that combines the predictive power of ML models with the causal inferencing from classical statistical models. Earnix offers a variety of optimization algorithms that can be used to deal with different pricing and rating structures, regulatory and business requirements, as well as market scenarios. The algorithms can solve complex portfolios, lifetime values, multi-product rank, and customer-centric optimization issues.

RiskVille helps you automate core routine tasks in policy, claims, and risk management. All your day-today operations, including customer relationships, claims and policies, can be managed in one system. RiskVille, a cloud-based software solution for all types of insurance businesses, is designed to help you manage your day-to-day operations. We are familiar with your business and understand how important it is to have a complete picture of your business. We also know how important it can be to accurately and carefully execute daily operations. RiskVille automates your employees' routines, freeing them from the burden of doing repetitive tasks. Audits are something we all face. We want to smile and feel secure, compliant, and comfortable with them. Making audit processes simpler will improve compliance. RiskVille conforms to GDPR and is hosted on the secure Microsoft Azure platform. This ensures safety and security for your data as well as your processes. Clients can expect more from you by allowing them to access their policies and claims online. You can also remind them about renewals.

hx Renew empowers world-leading insurers to transform their rating, underwriting, and decision-making with agile tool development and streamlined underwriting workflows. hx Renew unlocks efficiency across the entire rating eco-system, empowering insurers with effective rating and underwriting decision. With in-model controls, you can align your entire team with business objectives and build and update raters more quickly. We provide extensive training and support to enable your team's use of Python for insurance. This will help you achieve your goals faster and maximize the potential of hx Renew.

Create branded digital experiences that engage and delight your customers, employees and partners. Model complex workflows or use existing best-in class process templates to automate entire customer journeys or tasks and reduce costs. Integrate seamlessly with core systems and 3rd-party technologies to unify your customer experiences and process automaton with existing systems. We bring everything together to create a seamless customer journey from front-end experiences through to back-end automated. Deliver comprehensive digital experiences to allow customers to receive the same level of service via digital as they do with human touch. Liberate orchestrates disparate technology into fully automated journeys. This supercharges your employees while saving you time and money. Liberate's platform is built on top of your existing tech stack.

Shepherd is the only MGU that offers proactive solutions for large-scale commercial risks to help clients save money on their premiums. We are an insurtech MGU that offers casualty insurance for commercial construction programs or projects. Shepherd's mission to make our industry sustainable and safe is to reward the most innovative builders. Easily track compliance statuses and renewals by customizing the software at the project-level. Shepherd offers risk assessments along with our proposals to assist clients in identifying and taking action on exposure or claim trends. Payroll analysis can be used to visualize the top contributors of premium. Identifying trends in claims and evaluating performance compared to peers.

Unified solution that provides a 360o view of all aspects of the P&C insurance lifecycle. A powerful, rules-based, multistate underwriting module automates the collection and creation of quotes, endorsements and cancellations. It also saves time and allows you to generate premium. A modern, streamlined and collaborative approach to claims adjudication reduces combined ratios. Facilitating information exchange with brokers can help increase business. From streamlining and standardizing information intake to giving brokers access to the information they require at any time, You can control which submissions your underwriters are looking at. Your policy holders will be able to access their policy information, claim intake and review, and online bill payment. This will increase customer satisfaction and retention. You choose the features you offer your customers to ensure the best user experience.

MapPro7 is available in all 50 states, including D.C. It is location-driven and has a 20,000-strong rate-set library, which is the largest in the country. MapPro7 provides actuaries, analysts, product teams and other professionals in the auto, casualty, and home insurance industries with a deeper and more comprehensive view to help them make informed decisions. Our hard work in researching, analyzing and testing thousands upon thousands of carrier sets has resulted in our desktop application. MapPro 7 allows you to perform detailed pricing analysis, and allow you to make informed decisions based on the most accurate and complete information. Import PIF data directly from any source (book, policy admin system, agency applications).

This is the workers' compensation rating tool that you need to expand your business. Complementary with all rates and rating factors to access 99+% of the workers’ compensation market in your state. For you and your clients, easy-to-understand reports. Many useful look-up tables. Get import policy information from AMS360 and TAM. Calculates experience modification factors of every carrier in MI. A single risk can have up 14 experience mods, depending on the carrier. E!Z MOD can calculate them.

This web-based application allows agents to bind insurance policies in real-time. It will offer the most recent insurance company rates and also allow financing of policies by the agent's chosen Premium Finance Company. Agents have access to sales at any time, anywhere they have Internet access. Electronic transactions are used to handle down payments for policies and financing drafts. The insured leaves the agency with all policy documents. Insurance Company web applications can include POS.

Access to rates and underwriting guidelines, as well as products, is easy. You can get rated quotes which increases your placement rate. Optimized quote accuracy through underwriting functionality using carriers' unique guidelines. Set expectations early. Enter basic data and up three impairments to get quotes from top carriers. Prefill carrier drop tickets or e-Apps to create a seamless quote-to apply experience and reduce data entry errors. You can white label your web quote engine, or create a custom site with our quote API.

You don't have to worry about the accuracy and completeness of your rates throughout the entire policy lifecycle. Write new business, handle renewals, cancellations and reinstates, as well as endorsements, even out of sequence endorsements. Rates for Commercial Auto, General Liability, Property, Inland Marine, Crime, Cyber Liability, Workers' Compensation, and General Liability are quickly and accurately deployed. The industry-respected Microsoft Azure cloud hosts your rates with a 99% uptime, unparalleled performance, and data protection. No more worrying about hardware, data security or uptime - you can now focus on creating new business. ISO® is responsible for hundreds of changes to its insurance programs each year. Our team maintains the content libraries current. We will ensure that your programs are set correctly to the ISO editions you have specified, regardless of whether they contain all current states, past editions, mixed states, or both. Even the most novice users can easily enter a quote or generate a proposal using an intuitive interface.