Build, Configure, Test, and Publish Commercial Insurance Products Faster
SelectRate Studio is the product development environment within the SelectRate platform where insurance organizations build, configure, manage, test, and deploy commercial insurance products. It provides product managers, underwriting teams, rating analysts, business analysts, actuaries, and developers with a centralized workspace for managing the complete product lifecycle. Instead of maintaining spreadsheets, hardcoded rating logic, disconnected documentation, and manual deployment processes, SelectRate Studio provides a structured environment where every product change is version controlled, fully audited, thoroughly tested, and approved before production deployment.
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 brings together every department involved in commercial insurance product development.
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:
Complex insurance products become significantly easier to maintain while reducing dependency on software development teams.
Create and organize multiple commercial insurance products across carriers, programs, and states.
Supports:
Build reusable rating formulas using configurable variables and business rules.
Supports:
Configure underwriting rules that automatically evaluate submissions.
Supports:
Configure premium calculations without modifying software code.
Supports:
Maintain multiple versions of products with future effective dates.
Supports:
Track every product modification throughout its lifecycle.
Supports:
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 modification follows controlled governance.
Change management includes:
This process helps reduce production issues while maintaining complete regulatory traceability.
Every product can be tested before release using integrated testing capabilities.
Run:
Learn more about Rating Testing Software.
SelectRate Studio packages approved changes into deployment releases.
Supports:
Learn more about Rating Release Management.
Every configured product can immediately be exposed through secure APIs.
Applications include:
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.
Insurance organizations use SelectRate Studio to accelerate product development while improving governance and reducing operational risk.
Benefits include:
Whether you're launching a new commercial insurance program, modernizing legacy rating systems, or managing hundreds of insurance products across multiple carriers, SelectRate Studio provides the centralized development environment needed to configure, test, govern, and deploy products with confidence.