AAIS Builders Risk Platform with Production Ready Rating Policy Issuance and Premium Accounting

Launch and operate AAIS Builders Risk programs with full lifecycle support from quote through accounting on a single platform.

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American Association of Insurance Services provides Builders Risk rating guidance policy forms and manuals used by carriers and delegated authority programs nationwide. Selectsys transforms AAIS Builders Risk standards into a production operating platform designed for complex construction programs and delegated authority environments.

Builders Risk Programs Fail when Systems do not Match Complexity

Builders Risk underwriting requires more than basic rating. Construction type concentration of values flood and earthquake exposure endorsements and mid term changes must be handled accurately. Many programs rely on disconnected rating tools manual policy issuance and external accounting systems. This creates delays increases exposure and limits scalability.

One Builders Risk platform built for real world construction programs

Selectsys delivers a unified AAIS Builders Risk platform that supports the full policy lifecycle.

  • Production ready Builders Risk rating
  • Civil MU and MU SPEC rating structures
  • Policy binding and issuance through Expert Insured
  • Mid term changes and endorsements supported
  • Integrated accounting aligned with issued policies
  • Carrier ready bordereaux and reporting
  • White label ready for delegated authority programs

This platform is built to operate complex Builders Risk programs at scale.

Builders Risk Rating Structures Supported

The Selectsys AAIS Builders Risk platform supports multiple rating structures used across construction programs.

Rating structures

  • Civil
  • MU
  • MU SPEC

Core rating inputs supported

  • Risk state
  • Protection class
  • Construction type
  • Limit of insurance
  • Concentration of values
  • Existing building modification
  • Coinsurance percentage
  • Flood zone
  • Flood risk score
  • Earthquake risk score
  • Manual modification index
  • Theft exclusion
  • Theft deductible
  • Deductible
  • IRPM
  • Company loss cost factor

Builders Risk Additional Coverages Supported

The platform supports common Builders Risk endorsements required for construction programs.

  • Delay in completion coverage
  • Claim preparation expense coverage
  • Green building coverage
  • Delay in completion green building form
  • Tax credit coverage
  • Contract change order coverage
  • Rental reimbursement coverage
  • Blueprints and construction documents coverage
  • Model homes and sales offices coverage
  • Sales offices
  • Pilings exclusion

Endorsements flow through rating issuance and accounting without manual rework.

Policy binding issuance and mid term changes

Builders Risk policies are issued directly from the platform.

  • Declarations and policy forms generated automatically
  • Endorsements supported throughout the policy term
  • Mid term changes handled within the same workflow
  • Single consolidated policy document output

Issuance remains aligned with rating and accounting.

Accounting and Reporting for Builders Risk Programs

Selectsys provides integrated accounting designed to align with issued Builders Risk policies and reporting needs.

  • Agency bill and direct bill support
  • MGA commission handling
  • Bordereaux and carrier ready reporting
  • Full audit trail across the policy lifecycle

Accounting is integrated not bolted on.

Built for Builders Risk Program Operators

MGAs
  • Launch Builders Risk programs faster
  • Manage complex underwriting inputs with confidence
  • Control issuance and accounting in one platform
    • Learn more
Program Administrators
  • Operate delegated authority construction programs
  • Maintain consistency across rating issuance and reporting
  • Reduce operational risk
    • Learn more
Wholesalers
  • Support Builders Risk programs without stitched systems
  • Improve speed accuracy and visibility across policies
    • Learn more
Carriers
  • Enable Builders Risk delegated authority programs
  • Receive consistent reporting and bordereaux
  • Maintain underwriting and accounting discipline
    • Learn more

Why Selectsys for AAIS Builders Risk

  • End to end Builders Risk platform
  • Supports complex construction rating structures
  • Accounting built specifically for insurance
  • Proven delegated authority experience
  • White label ready for enterprise programs

Selectsys brings construction underwriting operations and accounting together.

Part of the Selectsys AAIS Commercial Lines Platform

The Builders Risk platform is part of the broader AAIS Commercial Lines Platform. Learn more

FAQs

The platform supports Civil MU and MU SPEC Builders Risk rating structures.
Yes. Common Builders Risk additional coverages and endorsements are supported and flow through rating issuance and accounting.
Yes. Accounting is integrated with policy issuance and supports Builders Risk program operations.
Yes. The platform is designed for white label delivery.
Yes. The platform is designed to support complex Builders Risk programs operated by MGAs wholesalers and carriers.

Launch your Builders Risk Program with Confidence

If you are planning or operating an AAIS Builders Risk program Selectsys can help you move from rating to operations with confidence.

Request a Demo Talk to a Builders Risk specialist

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