iFoundry Bureau Rating & Analytics
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Overview
Tooling and analytics for Actuaries, Product Managers and Analysts - iFoundry Bureau Rating & Analytics allows you to model and manage your ISO rate plans with ease
iFoundry makes it easy to model rate plans, test these plans, and manage them. Launch a new product, enter a new state, or enable a new channel in days, not months, with out-of-the-box ISO mixed with your proprietary rates. iFoundry allows multiple departments to collaborate in developing, managing, and filing rate plans. The What-if Analysis module provides powerful capabilities to your actuarial teams to assess the impact of ISO changes to your book, even before you publish the rate plan.
Key Features
-Product modeling tools for use by non-technical rating personnel
-Utilization of ISO ERC including initial set up and ongoing digital consumption of updates
-What-if analysis to assess impact of changes
Key Benefits
Harness data- Leverage data to better understand your risks, segments, and markets
-Analyze profitability - Benchmark and analyze offerings to get insight into pricing and profitability
-Design strategies as models - Iteratively prototype and validate your models to form competitive product strategies
-Tailor products for markets / segments - Customize and distribute products to your target audience without translation losses or delays
Product/Service details
SOLUTION OR SERVICE TYPE
Geographic Availability
Asia-Pacific, Middle East, North America