SelectRate Studio is the operational workspace where commercial insurance product teams manage the complete product lifecycle. Instead of working across spreadsheets, disconnected documentation, legacy rating systems, and multiple administration tools, product managers, underwriting teams, actuaries, and business analysts collaborate from one centralized environment. Every product change, formula update, underwriting rule, effective date, approval, test, and deployment begins inside SelectRate Studio.
SelectRate Studio centralizes every activity required to manage commercial insurance products.
Enterprise teams use Studio to:
Studio becomes the operational control center for the entire SelectRate platform.
SelectRate Studio is the central configuration environment for the SelectRate Commercial Insurance Rating Platform. It allows insurance organizations to create and maintain commercial insurance products without rebuilding applications or modifying production systems.
Everything required to configure a commercial insurance product is managed from a single workspace including:
SelectRate Studio is not another administration screen. It is the enterprise product management environment where commercial insurance products are designed, governed, tested, approved, and deployed.
Every department involved in commercial insurance product management works from the same governed workspace, improving collaboration while reducing operational complexity.
Users include:
Every change follows controlled workflows with complete visibility from initial development through production deployment.
Business users can configure commercial insurance products using intuitive configuration tools instead of modifying application code.
Configure:
Business users maintain commercial insurance products through configuration rather than software development, allowing organizations to deliver product changes significantly faster.
Create and organize multiple commercial insurance products across carriers, programs, and states.
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Build reusable rating formulas using configurable variables and business rules.
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Configure underwriting rules that automatically evaluate submissions.
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Configure premium calculations without modifying software code.
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Maintain multiple versions of products with future effective dates.
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Track every product modification throughout its lifecycle.
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SelectRate Studio simplifies product development by organizing configuration into logical business components. Configure visually instead of editing large spreadsheets or maintaining disconnected documentation.
Configuration areas include:
Every product can be tested before release using integrated testing capabilities.
Run:
Testing is fully integrated into the product lifecycle, ensuring every commercial insurance product is validated before production deployment. Learn more about Rating Testing Software.
SelectRate Studio packages approved changes into deployment releases.
Supports:
Approved products move through governed release workflows before becoming available to production users. Learn more about Rating Release Management.
Every configured product can immediately be exposed through secure APIs.
Applications include:
Every approved product becomes immediately available through the SelectRate platform and connected enterprise applications. Do not emphasize APIs here. Studio owns product management. Insurance API Platform owns APIs. Learn more about Insurance Rating API.
SelectRate Studio supports virtually every commercial insurance product. Products can be managed independently while sharing common rating components across multiple programs.
Give your product organization one centralized workspace to configure, govern, test, approve, and deploy commercial insurance products with greater speed, consistency, and operational control.