Applied Rating Hub
An insurer solution to reduce points of failure and improve speed to market
- Real-time referral and discount management
- Rich reporting and detailed quote analysis
The Rating Hub exposes a set of functions enabling you to upload rates files, run tests against the uploaded rates, and commit the tested rates changes to the live system. A test environment provides a staging area and functional copy of the live system.
A copy of the motor quotes service is accessible via a different client and alternative log-on credentials and the rating files can only be updated to live by authorised insurer personnel. Rates management functionality provides maintenance and auditing of the process. Each rates update attracts a unique version number that will be returned with the quote enabling a quotation to be traced back to the user who deployed the scheme change.
Applied Rating Hub allows your business to:
- Test all rate changes before committing to live
- Use a single update to deliver rates to all Applied brokers
- View policies accepted in real time
- Break from the standard of inception-based monthly rates releases
- Have a full audit trail of all changes and quotes delivered