Overview
Duck Creek Rating enables carriers to quickly develop new rates and maintain products for all lines of business with flexible, scalable product configuration and quoting capability that drives new revenue opportunities, increase speed to market, and reduce product development costs.
Key Features
Comprehensive LOB support
Duck Creek Rating supports all lines of business inside the P&C industry and can be used to rate specific products outside the P&C industry.
Product Management Life Cycle Support
Duck Creek Rating standardizes business process management throughout the product development lifecycle from requirement definition requirements, approvals, configuration, configuration, testing, and completion.
What-if modeling
Modeling lets carriers evaluate the rate change impact on a book of business and estimate their underwriting workload prior to moving any product update or change into live production.
Low-code configuration tools
Duck Creek Rating provides tools for updating defining products, rating tables and documents without having that change the underlying code.
Key Benefits
Increase speed to market
Define and deliver rate changes and new products quickly. Your team can configure the user interface, security, and workflow to meet business demand.
Increase operational efficiencies
Drive standardized business process management throughout the product development lifecycle via task and workflow configuration while increasing operational efficiency with straight-through processing and accelerated rate changes and approvals.
Media
- Navigating the Pace of Change
- Tackling the Complex Challenges of Commercial Insurers with Duck Creek Solutions
- Digital Insurance Policy Administration Report
- More about Duck Creek Rating