Gartner Research

Put Property and Casualty Insurance Rating Engines in Perspective

Published: 30 September 2005

ID: G00131134

Analyst(s): Stephen Forte

Summary

Traditionally, insurers have relied on custom-developed multiple-rating engines that were built into their legacy policy administration systems to quote, underwrite and issue policies. Third-party ratings are good enough that decisions are much easier for property and casualty insurers.

Table Of Contents
  • Overview
  • Predictions
  • Overview
  • The Rise of Web-Based Rating Engines
  • Critical Functionality for Selecting Web-Based Rating Engines
  • A Sample of Web-Based Rating Engine Vendors
  • CGI
  • Duck Creek Technologies
  • Instec
  • The Future of Rating Engines
  • Recommendations

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