Radar Live

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Overview

Radar Live is point-of-sale insurance rating software that builds on, and completely integrates with, the analytical software Emblem, Classifier, Radar Base and Radar Optimiser. It harnesses the analysis of this software by directly using insurance pricing models developed by analysts and replicating their results exactly in a calculation engine that interfaces with existing IT administration systems.

Key Features

Radar Live allows prices, adjustments, scores and other metrics developed in Radar to be deployed directly to a rating system calculated in real time. In markets where regulation permits, this can include policy- or risk-level optimization.

The insurance rating software is easy to use and maintain, well documented and fully supported by our specialist technology consulting services, enabling the development of consistent, transferable skill sets among actuarial and underwriting teams that help them make better pricing decisions.

Key Benefits

KEY BENEFITS

Pricing sophistication, permitting both simple and highly complex pricing methodologies

Pricing agility

Rapid speed to market

Rapid reaction to market developments

Great accuracy of rate deployment

Significant operational efficiency

Protection of robust audit and governance controls

System scalability that can cope with hundreds of millions of quotes per year

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