Ratabase
Last Updated
Overview
Ratabase software provides advanced insurance rating and product configuration, aiding in rapid product deployment. While users might require initial training for better software adoption, its no-code interface and sub-second response times justify the implementation. Overall, Ratabase’s technical superiority and proven scalability make it a compelling choice for enterprise-level insurance carriers.
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Starting Price
$250
per user per month
Ratabase Specifications
- Financial Reporting
- Invoice Management
- Budgeting and Forecasting
- Audit Trails
What Is Ratabase?
Ratabase software is a premier rating and rules management system tailored to modernize insurance pricing strategies. These innovative Ratabase features include a powerful real-time rating engine and automated actuarial simulation tools, enabling carriers to segment markets and conduct deep impact analysis efficiently. By decoupling business logic from technical code, it addresses common IT bottlenecks, allowing organizations of all sizes to respond to competitive market shifts with agility.
Ratabase Pricing
Disclaimer: The pricing has been sourced from third-party sites and is subject to change.
Ratabase Integrations
Who Is Ratabase For?
Ratabase is ideal for a wide range of industries and sectors, including:
- Property casualty insurance
- Life and accident
- Health insurance
- Financial services
- Underwriting agencies
- Global insurance brokers
- Specialty carriers
Is Ratabase Right For You?
Choosing Ratabase for your organization ensures access to the industry's gold standard for complex underwriting. Ratabase features include its ability to process hundreds of billions in premiums with sub-second precision. It remains the premier choice for digital transformation.
Still doubtful if Ratabase is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
Ratabase Features
Ratabase360 SaaS Platform
This SaaS-based, cloud-native iteration of CGI’s award-winning platform provides a comprehensive rating and rules environment tailored for underwriting specialists. By shifting complete control of pricing processes directly to business users, it eliminates technical bottlenecks and ensures maximum organizational agility and responsiveness.
Specialist Control Tools
Designed specifically with underwriters and pricing specialists in mind, this feature places all critical aspects of the rating process directly into the hands of the business. Specialists can define rules on-demand, ensuring that product configurations align perfectly with strategic goals.
Ratabase Actuarial Analysis
This specialized module facilitates superior decision-making through advanced simulation and impact analysis, significantly increasing pricing precision. Delivered as a prebuilt SaaS solution, it allows organizations to identify potential risks and profitability gaps while accelerating the entire product innovation cycle effectively.
Pros And Cons of Ratabase
Pros
Ratabase offers ease of use and a small learning curve for new users
The software performs well for insurance rating and underwriting tasks
It represents a significant improvement over other software solutions previously used for the same purpose
Cons
The software can experience slow operating speed at times
Pages may take too long to refresh occasionally
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Frequently Asked Questions
Does Ratabase offer an API?
There is no information available about a Ratabase API.
Who are the typical users of Ratabase?
Ratabase is designed to support a broad range of industries and use cases, making it suitable for sectors such as property and casualty insurance, life and accident insurance, and health insurance. It is also widely used across financial services, underwriting agencies, global insurance brokers, and specialty insurance carriers that require flexible, enterprise-grade rating capabilities.
What types of pricing plans does Ratabase offer?
Ratabase price is estimated to start at around $250/user/month, with final costs varying based on usage, scale, and implementation needs. You can request a custom Ratabase cost quote tailored to your specific requirements.
What language does Ratabase support?
Ratabase is primarily available in English and French.
What level of support does Ratabase offer?
Ratabase offers support via an online contact form.
Does Ratabase have a mobile app?
There is no information available about a Ratabase mobile application.
What other apps does Ratabase integrate with?
The vendor does not publicly disclose specific information regarding third-party integrations supported by this software.