Rating Server
The Rating Server granulates risk so that it can be managed automatically based
on rules and company or rating bureau based rating methodologies; it also evaluates
risk and applies rules set by the user. Routine (tariff) business can thus be automatically
underwritten based on a company’s practices and then either returned directly to
the consumer or to a producer for further processing. Non-standard (non-tariff)
business can be recognized by the system as such and thereafter routed to underwriters
for online conditioning. The underwriters perform these tasks while remaining within
the automated workflow – there is no re-keying or transcription of data.