If you subscribe to ISO manuals, forms, and circulars, ISO Rating Service is your default rating solution. That's because ISO Rating Service is the automated representation of the manuals with implementation details provided by ISO line and actuarial experts who write the manuals. No one else can say that!
ISO Rating Service® is available to both carriers and to policy administration system vendors.
ISO Rating Service is a comprehensive, automated rate-management system featuring a powerful combination of advanced technology and product-management tools. With ISO Rating Service, you get ISO advisory information loaded into a powerful rating engine — plus rate-management decision tools and continual ISO updates.
Key features
We designed ISO Rating Service in response to insurers' requests for a way to automate the complex, labor-intensive, and costly process of policy rate maintenance and management.
ISO Rating Service is the only system of its kind to provide these key features:
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ongoing design of the rating rules by ISO line and actuarial experts
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ISO content supported by automated updates to loss costs, rules, and policy forms through ISOnet℠
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rate-management tools that facilitate company maintenance and analysis of ISO updates
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component-based, XML-driven design that facilitates interfacing with quote, and policy-administration systems
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a single unified rating platform that eliminates redundant, resource-intensive rate validations and testing
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a sample test case to verify you receive the same results as ISO for the ISO base
ISO Rating Service® is available for these ISO programs:
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Businessowners
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Commercial Automobile
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Commercial General Liability
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Commercial Inland Marine — filed
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Commercial Inland Marine — non-filed
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ISO Rating Service also supports non-ISO lines, including:
And you can use ISO Rating Service tools to support your independent insurance programs.
Have your own rate-management tools?
If you like the concept of ISO Rating Service but have your own rate-management tools, ISO also offers an alternative method for using ISO content — ISO Electronic Rating Content — a solution that can jump start your initial development and simplify ongoing maintenance and update efforts of ISO rating content.
For more information about ISO Rating Service or to get in touch with a sales representative, call 1-800-888-4476.
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