Commercial insurance products evolve continuously. Rating formulas are updated, underwriting rules change, bureau content is revised, carrier pricing is adjusted, and new products are released throughout the year. When premiums change unexpectedly, organizations need answers immediately.
- What Changed
- Who Changed It
- Why It Was Changed
- When It Was Deployed
- Which Release Introduced the Change
SelectRate Change History provides complete visibility into every modification made throughout the commercial insurance product lifecycle.
What Is Change History?
Change History is a detailed record of every modification made to products, formulas, underwriting rules, pricing, configuration, forms, APIs, and system settings.
Every change records:
- Previous Value
- New Value
- User
- Date
- Time
- Reason
- Approval Status
- Deployment Status
Organizations always know exactly what changed.
Why Change History Matters
Commercial insurance products contain thousands of configurable components.
Changes may involve:
- Rating Formulas
- Bureau Rates
- Carrier Pricing
- Underwriting Rules
- Eligibility Rules
- Territories
- Forms
- Endorsements
- APIs
- Product Configuration
Without Change History, troubleshooting becomes slow, expensive, and inconsistent.
Built for Commercial Insurance
SelectRate Change History supports every commercial insurance product. Every product shares one centralized change management platform.
Product Changes
Track every modification made to insurance products.
Including:
- Product Creation
- Product Updates
- Product Retirement
- Product Versions
- Product Releases
Organizations maintain a complete history of every product lifecycle event.
Formula Changes
Every pricing formula change is documented.
Track:
- Formula Logic
- Variables
- Lookup Tables
- Mathematical Expressions
- Calculation Order
- Shared Components
Users can compare previous and current formulas side by side.
Underwriting Changes
Every underwriting modification becomes part of Change History.
Track:
- Eligibility Rules
- Refer to Company
- Decline Rules
- Judgment Rates
- Consent to Rate
- Authority Limits
Organizations maintain complete underwriting accountability.
Pricing Changes Carrier Rating Overrides
Every pricing adjustment is recorded.
Track:
- Carrier Multipliers
- Rating Overrides
- Loss Cost Multipliers
- Experience Modifiers
- IRPM
- Schedule Rating
Every premium change can be traced back to the exact configuration update.
Side-by-Side Comparisons
Compare previous and current versions.
Review:
- Previous Value
- New Value
- Difference
- User
- Comments
- Approval Status
Visual comparisons simplify product reviews and troubleshooting.
Release Integration
Every change is associated with a deployment.
Track:
- Release Version
- Deployment Date
- Release Notes
- Rollback History
- Environment
Organizations immediately know which release introduced every change.
Search and Filtering
Locate changes quickly using advanced search.
Search by:
- Product
- Formula
- Carrier
- Program
- User
- Date
- Rule
- Product Version
- Release
Large product histories remain easy to navigate.
API Integration
Applications can retrieve Change History through secure REST APIs.
Retrieve:
- Product Changes
- Formula Changes
- Configuration Updates
- Release History
- Approval Status
API consumers receive the same change history available within SelectRate.
Configuration Changes
Track every administrative change. Configuration history simplifies platform administration.
Including:
- Territories
- Forms
- Endorsements
- Products
- Programs
- Carriers
- User Roles
- API Configuration
Approval History
Every significant change can require approval before deployment. Approval records remain permanently attached to every change.
Track:
- Submitted By
- Reviewer
- Approval Date
- Comments
- Status
- Release Assignment
Learn more about Approval Workflows
Rating Worksheet Integration
Premium differences can be traced directly back to product changes. Users can understand exactly why premiums changed.
Compare:
- Previous Premium
- Current Premium
- Formula Differences
- Variable Changes
- Underwriting Changes
Learn more about Rating Worksheet
Rating Trace Integration
View every calculation affected by a product change. Rating Trace and Change History work together to explain every pricing difference.
Analyze:
- Formula Execution
- Rule Evaluation
- Lookup Tables
- Variable Resolution
Learn more about Rating Trace
Effective Date Management
Changes automatically follow product version schedules. Organizations can review both historical and future product changes.
Manage:
- Historical Changes
- Current Changes
- Future Changes
- Product Versions
- Bureau Versions
Learn more about Effective Date Management
Automated Testing Integration
Every tested change becomes part of Change History. Testing history remains permanently associated with every product change.
Track:
- Test Results
- Validation Status
- Premium Comparisons
- Regression Results
- Deployment Readiness
Learn more about Rating Testing Software
Enterprise Governance
Change History supports enterprise governance across every insurance product. Organizations maintain complete operational transparency.
Track:
- User Activity
- Product Lifecycle
- Approval Workflows
- Releases
- Audit Records
- Security Events
Benefits of Change History
Insurance organizations centralize Change History to improve governance and operational efficiency.
Benefits include:
- Complete Product Visibility
- Faster Troubleshooting
- Better Product Governance
- Simplified Audits
- Complete Accountability
- Enterprise Compliance
- Automated Testing Integration
- Faster Product Reviews
- Modern API Access
- Reduced Operational Risk
Related Resources
Frequently Asked Questions
Understand Every Product Change with Complete Confidence
Track every pricing update, underwriting modification, formula revision, deployment, and approval from one centralized commercial insurance change management platform.