iFoundry Bureau Rating & Analytics

iFoundry Bureau Rating & Analytics helps you with ease of modeling and managing your ISO© rate plans

Tooling and analytics for Actuaries, Product Managers and Analysts

iFoundry is easy to use for modeling rate plans, testing these plans, and managing them. Launch a new product or niche, enter a new state, enable a new channel – with out-of-the-box ISO mixed with your proprietary rates, in days, not months. And reduce premium leakage with electronic updates to ISO changes. iFoundry allows multiple departments collaborate in developing, managing and filing rate plans. iFoundry combines a What-if Analysis module that provides powerful capabilities to your actuarial teams to assess the impact of ISO changes to your book, even before you publish the rate plan.

What makes us different

Powerful modeling capabilities

Enables you to Regain Control and Speed-to-market

ISO Lines available out-of-the-box

Support for ISO lines via ISO® Electronic Rating Content with services to enable digital engagement

Easy to configure and update

Drives Speed-to-market, Reduces Premium Leakage

Easy Integration

With PAS, quote portals drives Efficiencies, Speed

Leading insurers trust iFoundry Rating Engine

iFoundry enables users at insurers to easily manage their ISO and proprietary rate plans. They achieve business agility by taking advantage of new market opportunities, eliminate risks associated with outdated and improve profitability with competitive pricing and reduced risk profile by leveraging ISO® advisory loss costs and rules.

Resources

  • NSM Insurance launched a cloud‐based, mobile direct sales and servicing platform for pet insurance within six months
  • They have maintained a product update cycle time of weeks rather than months
  • They process a claim in less than a day, including the time from receiving the claim, requesting medical records, to claim payment or denial
View the Case Study

Ready to take it up a notch?