With a very minimal learning curve business users and analysts can define workflow, products definitions, rating logic and rules.
Create custom rate tables using the web UI and specify columns, order and data type. Lookup rates using an exact match or get interpolated rates. Specify rates for each additional amounts.
Mix and match rules and rating components with other best-of-breed solutions. Replace only what you must.
Separates ‘what’ and ‘when’ from ‘how’ without any special syntax, resulting in simplicity and readability.
Shrink time-to-market to implement rating for new states and products. Quickly introduce rate, rule and form changes.
Compute premiums at coverage, risk item and product/policy level. Analyze the steps and results in detail, using rate logs.
Maintain rates, rating logic and different business rules using the Product Configurator. Clone, version and audit with change management.
Support rules and rating for monoline and multi-line package policies seamlessly.
Use Excel like syntax - for example “Min”, “Max” for rating, and “Refer”, “Reject” for rules.
For a detailed list of features or to schedule a demo, please contact us by email sales@jarustech.com or phone (412) 922-5432