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Build, launch and maintain ISO-based commercial insurance programs without rebuilding the rater every time something changes. SelectRate combines current ISO content with configurable carrier pricing, program rules, deviations and APIs in one rating platform.
Built for MGAs, wholesalers and carriers.
ISO provides the rating foundation. Your carrier and program determine how that foundation becomes a product. SelectRate gives your team a configurable layer for managing the pricing, rules and program requirements that make each implementation unique.
Use current ISO rating content as the foundation for commercial insurance programs.
Configure loss cost multipliers, pricing factors, minimum premiums and carrier-specific adjustments.
Manage eligibility, state availability, classes, coverages, limits, deductibles and program requirements.
Version rating changes by effective date so new business and historical transactions use the correct rating logic.
Traditional rating implementations can turn every program launch or rating change into another development project. SelectRate separates the ISO rating foundation from your configurable carrier and program layer so teams can launch, test and update programs without rebuilding the entire rating engine.
| Traditional Rating Implementation | SelectRate |
|---|---|
| Program changes require development | Program rules are configurable |
| Rating logic buried in custom code | Structured rating configuration |
| Updates require code releases | Effective-dated versioning |
| Difficult to validate changes | Test before production |
| Limited rating traceability | Explainable rating results |
SelectRate Studio gives authorized teams a governed environment for configuring and maintaining commercial insurance rating programs.
Configure rating factors, loss costs, LCMs, schedule adjustments and program pricing.
Control states, classes, eligibility rules and program-specific requirements.
Configure available coverages, limits, deductibles and rating options.
Associate forms and endorsements with the appropriate program configuration.
Maintain effective dates, program versions and controlled changes.
Validate rating changes before they move into production.
Every premium should be explainable. SelectRate maintains the rating steps, factors and configuration used to calculate the result so teams can understand how a premium was produced.
SelectRate can power rating inside your own portal, underwriting system, RQB workflow or other insurance application through APIs.
Submit risks and receive structured rating results.
Test integrations and program changes before production.
Keep carrier and program configuration separate from consuming applications.
Connect rating to underwriting, quoting, policy administration and downstream insurance workflows.
SelectRate is designed as a commercial insurance rating foundation that can expand across lines of business as programs are introduced.
SelectRate is focused on ISO rating. Selectsys also supports AAIS rating and multi-carrier rating workflows through RQB, giving MGAs, wholesalers and carriers flexibility across bureau, carrier API and proprietary program structures.
Launch and maintain delegated commercial insurance programs on a configurable ISO rating foundation.
Support commercial programs and connect ISO rating into broader submission and quoting workflows.
Configure and distribute ISO-based rating programs through governed APIs and program-specific rating rules.
See how SelectRate can help you configure, launch and maintain ISO-based commercial insurance programs.
