Jarus Rating Engine is a calculation engine that evaluates the risks and computes premiums based on the rates and the rating logic that apply for each risk.

It is a flexible, scalable, configurable system that lets insurers introduce new products quickly and manage them effortlessly. It enables straight thru processing (STP) that automates workflows, reduces process latency and operational costs. This is a no code platform that allows business analysts and subject matter experts (SME) to create and manage products, coverages, business rules, rates, and rating logic.

It can be used as a stand alone rating engine or as a part of the Jarus Policy Admin System.