Your DRC platform is configured to meet your needs, but we always start with a powerful rate engine. DRC RS X Rating is the engine behind our toolkits that help you build any type of insurance product. It offers incredible performance, processing millions of rates per hour. DRC offers three versions of the RS X Rating platform, each suited for particular needs.
RS X Rating Features Breakdown
With RS X Rating You Can…
Use excel workbooks to model rating calculations, specify underwriting rules and define form logic.
Eliminate the potential for user error inherent in traditional “code and load” or GUI-based rule builders.
Configure author formulas, edit drop-down menu options and maintain with minimal need for IT resources.
Support highly complex and sequential rating.
Manage version control across multiple distribution channels and policy administration platforms in one central repository.
Enable predictive data analytics and implement statistical packages.
Streamline multiple rating platforms with a single query/enable rating call through multiple, widely different user interfaces.
Integrate broad exposure to rating variables (e.g. loss history, experience data, catastrophe risk, etc.).
Enable business team to easily change rates as much as they want.
Run on any platform (Windows or Linux) and language environment at any scale.
Establish a version-controlled, secure check-in/check-out console.
Grow horizontally and quickly.