Insurance › Underwriting & Actuarial › Rating Engine

Insillion

Low-code rating, underwriting, distribution and workflow software for insurance carriers and MGAs.

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Overview

Insillion provides insurance software for carriers, MGAs, MGUs and program administrators across P&C, life, health, specialty and surplus lines. Its rating engine converts premium logic from Excel rating models into REST APIs, manages rate changes through maker-checker approval, versions rates against in-force policies and defines them down to state, zip code or zone; it can also call third-party rating services such as ISO and AAIS.

Further products cover product launch, an underwriting suite for submission intake and risk data integration, AI-assisted submission and claims workflows, distribution APIs and partner portals for B2B, embedded and B2C channels, and parametric products. Deployment options are cloud, hosted, or bring-your-own-cloud.

Key Features

+ Excel-to-API rating conversion
+ Low-code rate configuration with maker-checker governance
+ Rate versioning tied to in-force policies
+ Underwriting suite for submission intake
+ AI-integrated submission and claims workflows
+ Distribution APIs and partner portals
+ Parametric insurance products
+ Integration with ISO and AAIS rating services

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