IBSuite is a no-code/low-code, API-First, cloud-native platform, with extensive configurable features.
The IBSuite Rating Engine is a best of breed, high-performing and flexible hybrid rating engine. It can be implemented as part of a complete end-to-end IBSuite installation or easily integrated into the insurers' existing architecture thanks to its powerful integration layer and API First Design.
IBSuite Rating Engine features the unique combination between the fast and simple definition of table-based rating structures combined with the rule-based approach and the possibility to execute algebra and complex function calculations directly in the engine. Further to this it has a callout interface that allows for integrating to external services for further calculations or doing advanced data lookups or even integrating to external rating engines.
The “Click 2 Configure” framework in IBSuite allows business users to configure rules and calculations without any IT assistance.
With IBSuite, you get a future-proof always-on / always available platform, that enables digitalization, new business models and emerging technologies.

