Rules Engine
Jarus Rules Engine applies business rules uniformly to make decisions on whether a risk is eligible or not and whether to allow straight thru processing or refer the risk for further review and underwriter approval.
Key Features
Easily set-up rules
Create and manage edit and eligibility rules, underwriting and straight through processing rules, and form attachment rules using the Product Configurator.
No-code, low code
Make changes to rules with very minimal coding.
Complete Control
Configure what rules are executed, in which order, and under what conditions.
Macros
Use macros to access data from API request and return data to API response.
Rule logs
Rule logs display what rules/steps have been executed or skipped and the output of each step.
Change Management
Maintain rates, rating logic and different business rules using the Product Configurator. Clone, version and audit with change management.
Monoline and multi-line
Support rules and rating for monoline and multi-line package policies seamlessly.
Enhanced Management
Import/Export rules and rate data using Excel to add new or edit existing ones effortlessly.
Easily set exceptions
Easily incorporate state, company, LOB and coverage exceptions through the web-based user interface.
No-code, low code
Make majority of changes to rating steps, rate data and business rules with no minimal coding.
Simple Syntax
Use Excel like syntax - for example “Min”, “Max” for rating, and “Refer”, “Reject” for rules.
Benefits
Multi-User Friendly
With a very minimal learning curve business users and analysts can define workflow, products definitions, rating logic and rules.
Customizable
Mix and match rules and rating components with other best-of-breed solutions. Replace only what you must.
High Visibility
Web-based UI externalizes rating logic, business rules and configurations.
Speed-to-market
Shrink time-to-market to implement rating for new states and products. Quickly introduce rate, rule and form changes.
Ease of Use
Separates ‘what’ and ‘when’ from ‘how’ without any special syntax, resulting in simplicity and readability.
Boosts Performance
Obtain sub second performance. Fast enough to rate and present quote options to upsell.