Tuo™ Rating Engine
At the core of every insurance company is a rating model designed to balance the organization's premium income,
claims costs, and administrative costs, all while attempting to maximize market share. These complex models
need the flexibility for companies to adjust to changing legal environments and market conditions.
Code based rating engines are a dead end.
Colibrium Partners understands the value of developing the right balance between data-driven design and rule-based configuration.
Providing a flexible, tool-based, Services Oriented Architecture (SOA) quoting and rating system to sales, brokers and
underwriters is paramount in today's market. The Tuo™ Rating Engine framework enables Actuary and Underwriting to create and
maintain rating methodologies with ease through the use of algorithm configuration flexibility and comprehensive rating factors.
Tuo™ Rating capabilities include:
- Comprehensive standard factor inventory
- Flexible algorithm configuration
- Services oriented architecture
- Standard integration API
For more information or to see a demonstration please contact us today at
sales@colibriumpartners.com or call us today at 404-806-9800.