DRC’s New Rating Tool Available for Insurers

Decision Research Corporation (DRC), announced the release of new tools in DecisionMaker Rating which enable carriers to more precisely set policy premiums. This toolset, DecisionMaker Rating Optimizer, allows carriers to arrive at an advantageous pricing through a user-maintainable set of rules. 

DecisionMaker Rating Optimizer enables carriers to break down complex rating scenarios into granular, functional units in a secure environment.  Optimizer will 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 make the solution a powerful tool for pricing and managing large volumes and types of insurance products.