Underwriting & Rating Engine

Underwriting & Rating Engine

AXIS offers dynamic rating engine that can be customized according to the insurance company's calculation algorithms. This engine has the capability of automatically calculating the rates based on the submitted data and benefits required. It accommodates a large number of parameters and rating factors. Underwriters can benefit from AXIS' detailed analytical capability to customize their rating and risk assessment activities. The engine allows the generation of renewal estimates and the setting of product/plan rates. AXIS has the capability to support special discounts or loadings based on pre-set risk considerations.