Decision Research Corp. (DRC), has released new tools in DecisionMaker Rating that enable carriers to more precisely set policy premiums. DecisionMaker Rating Optimizer, which allows carriers to set prices through a user-maintainable, goal-seeking set of rules, also enables them to break down complex rating scenarios into granular, functional units in a secure, version-controlled environment, DRC says.
Optimizer was designed to assist business users with test case validation, input and output mappings as well as in managing and analyzing each step in a complex rating scenario. These enhancements, combined with DecisionMaker Rating’s proven scalability, make the solution a powerful tool for pricing and managing large volumes and types of insurance products, says DRC.
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