BizDynamics Rating (Formerly iFoundry Rating) is a no-code platform for insurers to rapidly build and maintain insurance products once and distribute them anywhere.
To accelerate speed to market, BizDynamics Rating makes available commercial lines manuals from ISO and AAIS in implementation ready form. Business friendly tools allow for easy extensions to ISO and AAIS lines with company proprietorial features. Products and rates are accessible via micro-services to multiple front channels.
BizDynamics Rating Analytics enables informed decision making through what-if rate-change impact analysis and benchmarks insurer premiums against ISO and AAIS premiums.
- Configuration Studio - To create and validate rates, rules and forms
- Product Library: AAIS, ISO and reference product templates to accelerate product development
- Test Studio: Test Library and environment to validate rates, rules and forms
- Product & Rating Micro-Services: To transact business from any-channels
- Change Management: To manage updates to rates, rules and forms.
- Analytics: What-If rate impact analysis & pricing insights
- Rapid Product Launch
- Compliant Insurance Products
- Informed Decision Making
- Cloud Native
- Product Knowledge Repository