InRule: Powering the Business of Insurance
Insurance companies around the world trust InRule to automate mission-critical business decisions, such as rating and underwriting, eligibility, claims adjudication and commission calculations.
InRule separates decision logic from application code, making it easy to respond to and take advantage of changing market conditions and requirements. By empowering underwriters, claims managers and other business users to change rules and calculations without programming, InRule streamlines processes, lowers costs and reduces risk.
Insurance firms trust InRule to enhance the outcomes of:
- Product eligibility
- Claims adjudication
- Medical bill re-pricing
- Commission calculation
- Automated document generation (e.g., explanation of benefits)
- Data validation
“For one of our insurance coverages, it took an experienced programmer 120-160 hours to develop the logic [without InRule] for the rating program. An actuary, using InRule, was able to build and test the same logic in 14 hours.” In addition, they used the tool to express their requirements instead of having to write up a huge Word document.”
– Underwriter, Aon Corporation