Modern Excess Liability Rating for Complex Commercial Insurance Programs
Excess Liability insurance protects organizations against catastrophic losses by providing coverage above primary insurance limits. Unlike traditional liability products, Excess Liability programs frequently involve multiple layers, attachment points, underlying insurance schedules, reinsurance participation, and highly customized underwriting. SelectRate enables insurance carriers, Managing General Agents (MGAs), wholesalers, program administrators, and specialty casualty insurers to configure, rate, test, govern, and deploy Excess Liability insurance products from one centralized commercial insurance rating platform. Whether you're writing Lead Excess, Follow Form Excess, Supported Excess, or complex layered casualty programs, SelectRate provides enterprise-grade product flexibility.
Excess Liability Rating calculates insurance premiums for liability coverage above underlying insurance policies.
Premium calculations typically evaluate:
Every factor contributes to the final premium.
SelectRate supports virtually every Excess Liability insurance program.
Each program maintains independent pricing while sharing one enterprise platform.
Configure multi-layer Excess Liability programs.
Manage:
Each layer maintains independent pricing and underwriting rules.
Excess Liability products rely on underlying insurance.
Automatically integrate with:
Underlying policy information automatically flows into the rating process.
Configure attachment points without software development.
Manage:
Attachment point logic remains fully configurable.
Configure Excess Liability coverages.
Supports:
Coverage options remain configurable by carrier and product.
Excess Liability underwriting is highly configurable.
Evaluate:
Underwriting decisions are automatically evaluated during rating. Learn more about Underwriting Rules Engine.
SelectRate performs complete Excess Liability premium calculations.
Evaluate:
Every calculation is fully transparent through Rating Worksheets and Rating Trace.
Automatically assign Excess Liability documentation.
Supports:
Documentation remains synchronized with product versions. Learn more about Forms Management, Endorsement Management.
Every Excess Liability product should be validated before deployment.
Test:
Automated testing reduces production risk while improving pricing confidence.
Expose Excess Liability rating through secure REST APIs.
Integrate with:
Every application uses the same centralized Excess Liability rating engine. Learn more about Insurance Rating API.
Every carrier maintains unique Excess Liability pricing.
Configure:
Carrier pricing remains configurable without modifying core product logic. Learn more about Carrier Rate Multipliers, Carrier Rating Overrides.
Support complex commercial insurance accounts.
Manage:
Large account configuration remains flexible and scalable.
Excess Liability products evolve throughout the year.
Manage:
Organizations prepare future releases without affecting production. Learn more about Effective Date Management.
Every Excess Liability product change is fully documented.
Track:
Organizations maintain complete governance across every Excess Liability product.
Insurance organizations modernize Excess Liability rating to improve operational efficiency.
Benefits include:
Configure layered casualty programs, automate underwriting, simplify pricing, and deploy sophisticated Excess Liability products with SelectRate.