Cloud Native Zero Code Rating Platform
Configure complex rate plans with ease. Launch & distribute innovative products at scale. Empower your business to price smartly & stay ahead of the competition by leveraging ready-to-use products & rates, scenario analysis & more.
#RateFastBookFirst
Main Benefits
For 15 years we have been at the forefront of providing insurers with end-user friendly studios, data and analytics to launch new products instantly & optimize them at an unprecedented scale. At BizDynamics, we recognize YOUR time value of opportunities. Our Rating platform is built with the promise to empower your business with the Power of 4.
Reusable Components - Reduce Time - Reduce Complexities - Ready-Made Templates
Speed to Market
With our cloud-native solution you can go live within months. Our no code platform allows you to rapidly build products from scratch or by reusing pre-built products
Ease of Maintenance
Manage all aspects of configuration life-cycle with us. Create new rate plan versions, invite stakeholders for review and deploy them with click of a button
Market Relevant Price
To provide you ‘the competitive edge’, our product allows you to benchmark rates against ISO, AAIS & NCCI rates, run scenario analysis & price accurately.
Anywhere Distribution
Empower your agents and customers to transact business any-time, any-where by exposing your products and rates as service. Build once, distribute at scale.
Product Shots
Rating Services | Rule Services | Form Services
Fast , Accurate, Insightful Rate Development
At BizDynamics, our strength is not just providing you with end user friendly tools to configure products and rates. We go the extra mile to provide implementation ready content from bureaus such as AAIS, ISO & NCCI to deliver momentum at scale to your launch initiatives. We empower your business to benchmark and perform what-if impact analysis on your book of business so informed decisions can be made
Code Free Configuration
Designed for business, by business people, our platform is easy to use. No need to learn code or script. Basic understanding of insurance will help you define products at ease
Collaborative Development
Invite stakeholders at early stages of configuration life-cycle to solicit their feedback and foster a collaborative environment for faster product and rate development
Implementation Ready Content
Rates, rules and forms services for major AAIS, ISO and NCCI lines. Easy extension capabilities for company proprietary changes. Ongoing delivery of circular / bulletin updates
What-If Impact Analysis
Perform your state and rate views with insightful information. Modify rates, visualize impact of changes by various dimensions. Share with stakeholders for feedback
Rate Benchmarking
Make informed pricing decisions. Capitalize on market opportunities by pricing accurately and smartly by benchmarking your rates against bureau rates
Reuse & Extend
New products can be created by assembling coverages from other products. Insurance products are created like how an assembly line would assemble parts
Configure Once. Distribute Everywhere
Make your insurance products and rates accessible to any distribution partner. Our headless architecture empowers you to meet the ever increasing demands of your distributors by making any product accessible as a service to any front channel to transact business at lowest upfront cost.Â
#Headless Insurance Commerce
Interested in learning more?
A Methodology for Smart Product Development
Pre-Built Structures
Each type of rate, rule or form specification has pre-built structures against which product definitions are created. We deliver a methodology for defining products
Repository Documentation
We replace paper-based insurance manuals with digital manuals. Product information including updates to them can be searched and retrieved instantly
Test Case Repository
Product and rating test cases are stored within repository and can be re-run as required to generate detailed traces of every rating element and premiums
Product History
All knowledge about products including their changes, motivations for change, people involved is captured for subsequent review and learning
Related Offerings
BizDynamics Quote Management
A sales enablement platform for insurers to extend rate-quote capabilities to agents and collaboratively close deals
BizDynamics For AAIS Lines
Pre-built multi-line quote application for delivering fast, accurate price indications for AAIS lines of business
BizDynamics For ISO Lines
Pre-built multi-line quote application for delivering fast, accurate price indications for ISO lines of business