Future-Proof: Considerations in Choosing Rating Solution Platforms

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
14 October 2009
Michael Fitzgerald


The decision between a stand-alone rating solution and an embedded suite rater includes considerations beyond simple arithmetic calculations. Complexity of the business environment, technical system architecture, and competitive pressures also need to be factored into a final choice between rating platforms.

A new report, Future-Proof: Considerations in Choosing Rating System Platforms, examines the decisions insurers must weigh in deciding between stand-alone and embedded approaches to rating solutions. The goal for the report is to enable companies to make better choices for their needs today and in the foreseeable future.

This report offers Celent's perspective on the factors to consider in selecting a platform for a rating system. It is a follow-up to the Celent report, US Property/Casualty Rating Systems, ABCD Vendor View, 2009, August 2009, which examines the stand-alone rating vendors in the US market.

"Rating engines vary in functionality from straightforward calculators to logical hubs for insurance product environments," says Mike Fitzgerald, senior analyst with Celent's Insurance Group and author of the report. "Rating solution selection should be made based on business factors and IT considerations."

Subscription required

Access to this content requires a Celent research subscription.

Subscribers should sign in to access this research.

If you are not a subscriber, register now or contact us to find out more about our subscription options.

Insight details

Property & Casualty Insurance
Subscription(s) required to access this Insight:
Insurance, >>Property / Casualty Insurance
Insight Format
Geographic Focus
North America