ClarionDoor has released Insured Rating, a software-as-a-service (SaaS) rating engine and product-modeling solution.

Available to insurance carriers, MGAs and insurance technology vendors, the service supports rating for all lines of business through an online, standalone rating engine and API-ready Web service. Insured Rating provides a cloud-based, collaborative work environment in which business users manage rate filings, build and release rate plans, execute premium test suites, generate predictive rate analytics and automate deployments. 

For many, a considerable amount of ownership cost is spent by IT and business staff manually refactoring rating data or writing complex code in order to support multiple lines of businesses and programs.

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