Optimize Insurance Operations
Improve policyholder satisfaction while driving smarter, faster, and more profitable decisions.
Enhance Efficiency
Automate tasks and streamline workflows, reducing processing times and allowing focus on high-value activities
Improve Accuracy
Minimize errors with our business rules engine and machine learning-enhanced risk assessment, ensuring consistent and precise outcomes.
Detect Fraud
Use analytics and machine learning to identify and prevent fraudulent claims, reducing financial losses.
Wow Customers
Deliver faster, accurate services and transparent communication, enhancing the customer experience.
The automated rating and underwriting functionality powered by InRule “… are the key pieces of our platform which allow us to make better decisions for our core business and build out complex and dynamic logic with ease.”
–Jamie Kinsley, Senior Vice President of Technology and Product Management
Common Use Cases
InRule’s advanced AI decisioning and machine learning empower insurance companies to enhance every aspect of their operations. Learn more about different areas where InRule can help:
Claims Process Automation
Automate the entire claims lifecycle, from intake to settlement. InRule’s AI decisioning platform validates claims, assesses damage, detects fraud, and expedites payment processing, ensuring a seamless and efficient experience for both the insurer and the claimant.
Quoting & Underwriting
Streamline the quoting and underwriting process with machine learning-driven data analysis and risk assessment. InRule can help with creating accurate pricing, evaluating risk factors, and automating policy issuance, enabling quick and fair pricing while maintaining compliance with underwriting guidelines.
Dynamic Pricing
Implement real-time pricing adjustments based on market data and risk evaluation. InRule’s platform, including our industry leading business rules engine, easily integrate with data sources to provide up-to-date pricing models, ensuring competitive and profitable premium calculations.
Data Analytics & Reporting
Regulatory Compliance
Fraud Detection & Prevention
Rating
Forms Selection
InRule identifies and retrieves the necessary forms based on policy and claim details, ensuring compliance and reducing manual errors. This streamlines the entire process, from initial data collection to form distribution, enhancing efficiency and accuracy.
Commission Calculation
InRule streamlines the commission calculations by automating the application of complex rules and policies. Our platform ensures accurate and timely calculations, considering factors like sales volume, policy type, and performance metrics. InRule easily integrate with existing systems to reduces errors and administrative burden.
Trusted. Proven. InRule for Insurance
Insurance organizations around the world trust InRule to automate their mission-critical decisions, predictions, and processes. For better claims processing solutions, faster rating and underwriting, and to better manage risk and regulations, insurance companies turn to the InRule® Intelligence Automation Platform.
Watch the video on the left to discover how our unique solution empowers insurance organizations to realize measurable business results.
Discover How Tokio Marine HCC Modernized its Underwriting and Policy Administration Platform to Maintain its Competitive Edge
Tokio Marine HCC has offices in approximately 180 countries and offers more than 100 classes of specialty insurance products and services. To remain competitive and compliant, Tokio Marine HCC’s Cyber and Professional Lines Group (CPLG) sought to modernize its underwriting and policy administration platforms and bring automation to traditionally manual processes.
The CPLG team deployed InRule Decisioning to power auto-rating and auto-underwriting for its cyber insurance offerings. Today, more than 90% of CPLG now runs on InRule.
Revolutionizing Insurance with an AI Decisioning Platform
Insurance Resources
