OneShield Enterprise

Rating Engine for Complex P&C Pricing

We take rating one step further. Our complete rating engine builds, designs, and configures products with automated underwriting, rate modeling, and pricing management. It also runs rate-impact analysis on your existing book of business to project premium impact.

Handle everything from simple base-rate overrides to the most complex actuarial predictive models, using our pre-populated industry-standard rules and content, or configure your own.

Complex Rules and Rates, Made Easy

Saving your business time and money while eliminating risks, OneShield Rating is a configurable solution with a data-driven model, letting you accurately create, update, test, and deploy the rating and underwriting rules that drive your business.

Complex Rating

Rate Anything You Write

One metadata-driven engine handles the math, logic, and versioning your rating team manages every day.

Key capabilities:

Multi-tier rating and score-card support

Rate updates performed individually or globally, on filings or as a bulk load

Future-effective-date filing definition, testing, and deployment

Out-of-sequence and prior-term rating support

“What-if” analysis comparing premium scenarios or separate quote proposals

Fast import of large schedules

Support for multi-jurisdiction and multi-location policies, matched to the appropriate filings

Risk Mitigation

Manage Underwriting Risks

Rules and rating work together, so pricing reflects your risk appetite before a policy is issued.

Key capabilities:

Invoke rules at any point in the policy lifecycle to price out risks outside your tolerance

Calculate data to drive underwriting rules and system behavior

Run rate-impact analysis on your existing book of business against proposed rate or product changes, with testing, modeling, and product analysis

Support multiple writing and rating companies with full version control, regardless of how many active rate books or filing adoptions you manage

Data Integrity

Trust Every Number

Define rating data once and rely on it everywhere, from quoting through integration and reporting.

Key capabilities:

Shared, common product-definition data, reused across every product line

Pre-quote validation based on underwriting rules, multiple calculation methods, blended rates, and scenario-based quotes

Easy integration with other systems, and full reporting across all rating data

Extensive versioning and filing capabilities

“In OneShield Software, PURE has found a partner with a similar view of the purpose of technology: to enhance efficiencies and provide exceptional service.”