More quotes per underwriter, priced from your rate book.
Rating, referrals and the quote package run from your own configuration, and an underwriter signs off where you want one.
Every quote prices from the released rate book version, and bind waits until the rating is current.
Your rating plan, live on every quote.
Rates, factors and formulas are product configuration, versioned and released like the rest of it, so every quote can be reconstructed and a rate change reaches new business the day you release it.
Rates you can file.
Base rates, territory factors and deductible credits live in lookup sets with effective-dated versions and a filing reference. A version prices new business only once it is live, and retiring one never re-rates a policy already written.
Your formulas, not a black box.
Write the calculation as a spreadsheet or in code. Lookups fill the workbook's input sheets by each exposure's own class, construction and territory, so a formula reads every factor by name and the result lands as premium on the quote.
Change rates without the risk.
Point the workbook at a real quote and run it before you save. Nothing is written. When it prices the way you meant, cut a release and deploy it to dev, UAT or production.
Underwriters on the files that need them.
Statuses, events, rules and timers are configuration, so clean risks move on their own and an underwriter steps in exactly where you want one.
Your statuses and events
Draw the path on a canvas: Submitted, Indicating, Quoting, Quote Sent, Quote Accepted and the events between them. Add your own wherever your process differs.
Referrals where you want them
Rules return Pass, Refer or Fail. A low appetite score or a limit past a producer's authority goes to an underwriter, and everything else moves on its own.
Nothing waits on a reminder
Events fire on a date. Chase a quote before it goes stale and close out an indication nobody answered, without a spreadsheet of follow-ups.
Work that runs at every step
Attach workflows to any event. Rate the quote, order the report, assign the review, and hold the transition until they pass.
One hand-off at bind
Up to bind the lifecycle is yours. From Bound on, Riska runs issuance, endorsements, cancellations and renewals, so nobody rebuilds the back office per product.
Every product, its own path
Start from a blueprint or a blank canvas, per product and per program, released through the same review as your rates.
Ask Riska does the desk work.
Rate a quote, explain the price, draft the package and make the change, from one sentence. Every write waits for the underwriter who owns the decision.
Rate it from a sentence.
Ask for a rating and Riska runs the quote through your own workbook and lookups, then shows the premium line by line with the factor behind each one.
Know why the price moved.
Riska compares the new premium with the expiring term and names the lines that moved it, like a lapsed loss-free credit, before the broker asks.
The quote, drafted.
Riska builds the quote package from your own templates and puts it on the record, ready for a person to review and send.
Changes you approve.
Tell Riska to raise a limit or add a location. It shows the exact change it will make, waits for your approval, and re-rates the quote once you give it.
A person signs off, with the whole file in view.
Everything the file needs to be read, priced and decided, on the record it belongs to.
Changes arrive as a proposal.
A document or a broker email lands as staged edits in plain language: Add Coverage, Update Limit, Remove Exclusion. Apply them together, or one at a time.
Every value keeps its page.
Click an extracted field and the document scrolls to the page and lights up the box it was read from, with the confidence beside it.
The whole file, not just the fields.
Emails, calls, notes, tasks, files and related records on the same page, with details, activity and changes in the rail.
One button moves it forward.
The next event is the button, and the button says Bind. It shows the status it lands on and the workflows it will run before you send it.
“The file, the numbers and the decision are finally on one screen. We retired the spreadsheet we had been keeping next to the policy system.”
One file, every surface.
The record an underwriter quotes is the same record policy administration services, workflows act on and reporting counts.
Bring a live submission.
Send a submission and the rates you price it from. We will build the workbook, rate it and quote it on the call.
Usually 30 minutes, with an underwriter on the call.