Draftrs

Draftrs features a cloud-based rating component that supports multiple rate tables and rating variables within insurance programs. It allows teams to use the platform to calculate premiums based on program-specific requirements. The system also ensures consistency across quoting activities, underwriting reviews, policy issuance, and renewal transactions.

This module automates document generation using configurable data fields and predefined templates. It allows insurance teams to populate forms with policy information, prepare required documentation, distribute completed records, and maintain version control without relying on separate document preparation systems.

Draftrs software provides direct access to rating, quoting, binding, and account information through a web-based interface. It lets underwriters manage notifications, oversee distribution activities, monitor submission status, and maintain communication with policyholders, producers, and agency partners.

The platform offers policy administration capabilities for policy tracking, document management, and policy modification. It allows insurance organizations to review policy status and maintain associated records. Companies can also process endorsements and monitor policy changes throughout the coverage period while keeping information organized.

The system includes an automated reporting tool that generates real-time bordereau reports for carriers, agents, and distribution partners. Organizations can review current policy and premium data after configuring reporting parameters to meet program requirements. Users can then generate reports that provide information needed for oversight, reconciliation, and portfolio monitoring activities.