Modern Commercial General Liability Rating Built for Insurance Organizations
Commercial General Liability (CGL) is one of the most widely written commercial insurance products. Rating General Liability policies requires insurers to evaluate classifications, payroll, sales, receipts, exposure bases, limits, territories, underwriting guidelines, carrier pricing, and bureau rules while maintaining speed and pricing accuracy. SelectRate provides a modern Commercial General Liability Rating platform that enables carriers, Managing General Agents (MGAs), wholesalers, program administrators, and InsurTech companies to configure, rate, test, govern, and deploy General Liability products from one centralized platform. Whether you write ISO based General Liability products or proprietary carrier programs, SelectRate provides the flexibility needed for enterprise commercial insurance operations.
Commercial General Liability Rating is the process of calculating insurance premiums based on business exposures, bureau rules, carrier pricing, underwriting guidelines, and policy characteristics.
Premium calculations may consider:
The rating engine automatically applies the appropriate methodology for each product.
SelectRate supports virtually every General Liability program.
Including:
Each program maintains independent pricing while sharing one enterprise platform.
Configure ISO General Liability products without modifying software code.
Manage:
Carrier pricing remains independent from ISO content. Learn more about ISO Commercial General Liability Rating.
General Liability products rely heavily on accurate classification management.
Configure:
Classification changes automatically flow into premium calculations.
General Liability supports multiple exposure bases.
Calculate premiums using:
Each classification can use its own exposure basis.
Every carrier can maintain independent General Liability pricing.
Configure:
Carrier pricing is layered on top of bureau content. Learn more about Carrier Rate Multipliers, Carrier Rating Overrides.
General Liability underwriting rules are fully configurable.
Evaluate:
Underwriting decisions occur automatically during rating.
SelectRate performs complete General Liability premium calculations.
Evaluate:
Every calculation is fully transparent through Rating Worksheets and Rating Trace.
Automatically assign required General Liability documentation.
Supports:
Documentation remains synchronized with product versions. Learn more about Forms Management, Endorsement Management.
Every General Liability product should be validated before deployment.
Test:
Automated testing reduces production risk while improving pricing confidence.
Expose General Liability rating through secure REST APIs.
Integrate with:
Every application uses the same centralized rating engine. Learn more about Insurance Rating API
General Liability products evolve throughout the year.
Manage:
Organizations prepare future releases without affecting production. Learn more about Effective Date Management
Every General Liability product change is fully documented.
Track:
Organizations maintain complete visibility throughout the product lifecycle.
Insurance organizations modernize General Liability rating to improve operational efficiency.
Benefits include:
Build, configure, rate, test, govern, and deploy Commercial General Liability products from one enterprise platform designed specifically for modern commercial insurance organizations.