Keep NetRate as your rating engine while modernizing submission intake, producer portals, underwriting workflows, carrier connectivity, and quote-to-bind operations.
Many MGAs, wholesalers, program administrators, carriers, and specialty insurance organizations use NetRate as a core rating engine. NetRate is extremely effective at calculating premiums and supporting rating workflows. The challenge is that most organizations still need a modern insurance experience around the rating engine. SelectsysTech modernizes these workflows without requiring organizations to replace NetRate.
Most organizations do not need to replace NetRate. They need to modernize everything around the rating engine. SelectsysTech manages the quote-to-bind workflow. NetRate remains the rating engine.
Many NetRate customers continue using the platform successfully while modernizing surrounding workflows.
| Capability | NetRate | SelectsysTech |
|---|---|---|
| Rating Engine | Yes | No |
| Submission Intake | Limited | Yes |
| Producer Portals | Limited | Yes |
| Agent Portals | Limited | Yes |
| Coverage Selection | Limited | Yes |
| Risk Questions | Limited | Yes |
| Eligibility Validation | Limited | Yes |
| Appetite Management | Limited | Yes |
| Underwriting Automation | Limited | Yes |
| Underwriting Workbench | No | Yes |
| Carrier APIs | Limited | Yes |
| Insurance APIs | Limited | Yes |
| Workflow Automation | Limited | Yes |
| Quote-to-Bind Automation | Limited | Yes |
Many organizations continue using NetRate while adding SelectsysTech as the quote-to-bind automation layer.
SelectsysTech provides these capabilities without replacing the NetRate rating engine.
This architecture allows organizations to modernize the front-end insurance experience while continuing to leverage NetRate for premium calculation.
Capture submissions through producer portals, agency portals, and digital workflows.
Guide users through coverage options and underwriting requirements.
Validate risks before rating begins.
Apply carrier appetite, class code rules, and underwriting controls.
Automate referrals, approvals, and workflow routing.
Provide centralized quote review and underwriting decision support.
Move submissions from intake through bind.
Support embedded insurance and connected workflows.
SelectsysTech helps NetRate customers modernize submission intake, producer portals, underwriting workflows, coverage selection, carrier connectivity, workflow orchestration, and quote-to-bind operations while continuing to leverage NetRate as the rating engine.
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