A Modern Commercial Insurance Rating Platform for Enterprise Insurance Organizations
Commercial insurance rating has evolved significantly over the last decade. While many organizations continue using legacy rating platforms, today's insurance operations require much more than premium calculation. Insurance carriers, Managing General Agents (MGAs), wholesalers, and program administrators now expect configurable products, underwriting automation, APIs, automated testing, release management, analytics, and enterprise governance from a single platform. SelectRate was built to support the complete commercial insurance product lifecycle—from product design through deployment and ongoing product management.
| Capability | Traditional ClarionDoor Approach | SelectRate |
|---|---|---|
| Commercial Insurance Rating | Yes | Yes |
| Cloud Native Platform | Limited | Yes |
| No-Code Product Configuration | Limited | Yes |
| REST APIs | Yes | Yes |
| Underwriting Rules Engine | Basic | Yes |
| Eligibility Rules | Limited | Yes |
| Rating Worksheet | Limited | Yes |
| Rating Trace | Limited | Yes |
| Automated Rating Testing | No | Yes |
| Regression Testing | No | Yes |
| Rating Simulation | No | Yes |
| Approval Workflows | Limited | Yes |
| Product Governance | Limited | Yes |
| Release Management | Limited | Yes |
| Audit History | Limited | Yes |
| Enterprise Analytics | Limited | Yes |
SelectRate supports:
The platform manages every stage of the insurance product lifecycle from configuration through deployment.
Insurance products should evolve without software development.
SelectRate allows business users to configure:
Learn more about Insurance Product Configuration Platform.
SelectRate combines enterprise rating with configurable product management.
Supports:
Learn more about Commercial Insurance Rating Engine.
Modern insurance products require configurable underwriting.
Supports:
Learn more about Underwriting Rules Engine.
One of the largest operational differences is product validation.
SelectRate includes:
Every pricing change is validated before production deployment.
Enterprise product management includes:
Every product change follows a governed lifecycle.
Every SelectRate capability is available through secure REST APIs.
Integrate with:
Learn more about Insurance Rating API.
Monitor:
Learn more about Rating Analytics, Rating Reporting, Rating Performance Monitoring.
SelectRate supports enterprise product management for:
Each product shares reusable platform services while maintaining independent business logic.
SelectRate is designed for organizations that want to:
Move beyond traditional commercial insurance rating software with a platform designed for configurable products, enterprise governance, automated testing, underwriting automation, and cloud-native insurance operations.
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