A production ready comparative rating platform supporting equipment, property in transit, and specialized inland marine risks across multiple carriers
Inland Marine insurance covers a wide range of movable property and specialized risks, from contractors equipment to installation floaters and transportation exposures. Rating varies significantly by class, values, location, and usage, making Inland Marine one of the most operationally complex lines for MGAs and wholesalers.
Selectsys built a production-ready inland marine insurance rating and comparative rating platform that allows MGAs and wholesalers to rate, quote, bind, issue, and manage Inland Marine policies within a single unified system. The platform is live today and supports multiple carriers, multiple coverage types, and full policy lifecycle workflows.
Inland marine insurance rating is the process of pricing coverage for movable property, specialized equipment, and property in transit based on values, usage, location, and carrier specific underwriting rules.
Comparative rating allows MGAs, wholesalers, and carriers to compare inland marine pricing, coverage terms, and underwriting outcomes across multiple carriers within a single submission workflow.
Selectsys supports inland marine rating whether teams need a standalone rater, a comparative rating engine, or a full commercial and specialty rating platform.
The Inland Marine Rating Platform operates within the broader Selectsys Commercial & Specialty Rating Platform. This allows Inland Marine to be managed alongside Builders Risk, Commercial Property, General Liability, and other specialty lines in a single operational environment.
See how MGAs and wholesalers scale this line using unified rating, binding, issuance, and accounting workflows.
Compare inland marine pricing, coverage options, and carrier eligibility across multiple markets in a single submission
For carriers that support API based Inland Marine workflows, Selectsys enables real time rating and quoting directly from the platform. Where supported, workflows extend from quote through bind and policy issuance.
New Inland Marine carrier API integrations can typically be delivered in approximately six weeks, assuming carrier access and documentation are available.
For Inland Marine programs that rely on ISO based rates, the platform supports standardized rating workflows while keeping submissions, underwriting, and placement centralized within a single system.
For delegated authority and specialty program business, Selectsys supports proprietary Inland Marine rating where rates and underwriting logic are owned by the MGA or carrier. This enables faster program launches and greater flexibility in structuring Inland Marine offerings.
The inland marine insurance rating and comparative rating platform is integrated in production with multiple national and specialty carriers supporting Inland Marine coverage.
Carriers currently integrated for Inland Marine include:
Additional Inland Marine carriers can be onboarded where MGA or wholesaler appointments exist. New carrier API integrations are typically delivered in approximately six weeks.
This line fails most often when rating is disconnected from execution.
For programs that require full lifecycle workflows, the platform supports:
This reduces manual handling and shortens turnaround time for Inland Marine placement.
When combined with Selectsys accounting capabilities, MGAs and wholesalers can:
This ensures clean financial operations for Inland Marine programs.
The Inland Marine Rating Platform is designed for organizations that:
The platform is already running inside organizations that operate this way today.
If Inland Marine placement is slowing down your team or limiting program growth, we should talk. Selectsys can support your existing Inland Marine carriers, onboard new ones quickly, and provide a production-ready inland marine insurance rating and comparative rating platform that scales with your business.
Premium collection following rate quote bind is automated through CoverPay, enabling installment billing and endorsement recalculation without third party billing integrations.
