CORE | insurance rating software
Turn Rating Agility into Competitive Advantage
An enterprise‑grade insurance rating software designed to help P&C insurers price faster, more accurately, and with confidence.
Rating, At a Glance
How insurers bring products to market faster, optimize pricing with confidence, and respond quickly to changing market conditions.
Reuse rating structures across lines, regions, and products to maintain consistency and speed up configuration.
Model rates and underwriting scenarios before deployment to assess impact and refine pricing decisions.
Control rating updates end-to-end with built-in audit controls that enforce governance and accuracy.
Configure rates, rules, forms, and workflows through low-code tools for faster, more consistent rating logic.
Integrate Rating with Policy and the ecosystem to keep pricing, workflows, and downstream processes aligned.
The Engine of Success
Launch faster, simplify maintenance, and manage rating changes with confidence from a single foundation.
Product Lifecycle Management
- Standardized tracking and tools for quality and consistency across development stages.
- Requirement gathering through product definition scripts.
- Testing, approval progress, and documentation automation.
Low-code Product Definition Tools
- Low-code tools for swift, business-friendly configurations, configurable by both business and IT.
- Single change point for reusable definitions across systems.
- Support across personal, commercial, and specialty lines.
- Real-time testing capabilities.
What-If Modeling
- Book of business and workflow impact modeling. Targeted modeling with watchpoints.
- Excel-based summary and real-time dashboards for results.
- Data point override for scenario exploration.
Product Inheritance
- Structured product inheritance across business lines with customizable inheritance structures.
- Multi-level flexibility and full product definition inheritance.
- Visible inheritance structure and field usage.
Ecosystem & Integration
Connect the data sources, analytics, and third-party services that help you price more accurately, respond faster, and compete more effectively.
The Impact We Deliver
See how insurers are using Duck Creek Rating to accelerate product launches, improve pricing agility, and drive measurable business results.
Recognized Excellence: Analyst Endorsements
Industry analysts consistently recognize Duck Creek for helping insurers modernize operations, accelerate product delivery, and improve business performance.
The Core Built to Unlock Intelligence at Scale
Connect rating, policy, billing, claims, and more on a single cloud-native foundation designed to accelerate innovation, improve consistency, and support growth at scale.
Trusted by leading insurers worldwide to accelerate product innovation, elevate underwriting accuracy, and deliver policies faster.
- 5 seconds to produce tailored quotes; in-force policies in 5 minutes
- 70% reduction in time to update rates and factors
- Up to 75% reduction in product costs and delivery time
Trusted by leading insurers worldwide to accelerate product innovation, elevate underwriting accuracy, and deliver policies faster.
- 5 seconds to produce tailored quotes; in-force policies in 5 minutes
- 70% reduction in time to update rates and factors
- Up to 75% reduction in product costs and delivery time
A flexible billing platform designed to help insurers get paid faster, streamline customer experiences, improve cash flow, and deliver real‑time financial visibility.
- 80% of critical customer service questions addressed on one screen
- 100+ EFT payments processed per second
- 2,000+ invoices generated per minute
A proven claims solution that reduces leakage, shortens cycle times, and delivers consistent, empathetic experiences across every claim.
- 30 million+ claims processed via Duck Creek OnDemand
- Less than 1 day to make an assignment or rule change
- Scaled to 60,000+ claims per day during a CAT event
Bridge the gap between intent and action with explainable, intelligent software that autonomously navigates complex insurance workflows:
- Underwriting Workbench
- FNOL (First Notice of Loss)
- Agentic Product Configurator
Unlike many P&C insurance software products, Duck Creek goes beyond the core to strengthen every part of your workflows. Unlock a flywheel of connected products that build momentum across your entire enterprise, including:
- Embedded Payments
- Reinsurance
- Distribution Management
- Loss Control
Price Smarter, Move Faster
Adapt to changing market conditions, launch products faster, and make pricing decisions with confidence.
Frequently Asked Questions
Duck Creek Rating’s Inheritance Model accelerates the launch of multi‑state and global products by enabling global property and casualty insurers to define pricing logic once and extend it across jurisdictions through controlled inheritance. Shared rating structures—such as coverage definitions, algorithms, and base factors—can be reused while local variations (state, country, or regulatory rules) are layered on without duplicating logic.
As part of an Intelligent Core designed for insurance professionals, this unique inheritance‑based approach improves operational efficiency by reducing fragmentation, minimizing rework, and ensuring consistency as products scale across markets. Insurers can launch faster, maintain compliance region by region, and evolve pricing strategies without creating parallel rating models that slow innovation.
What‑If modeling in Duck Creek Rating allows insurers to simulate pricing changes before they go live—testing the impact on premiums, loss ratios, and book‑of‑business performance without risking production results. Pricing teams evaluate multiple scenarios, compare outcomes, and understand downstream effects across segments, lines of business, or geographies.
By embedding predictive analysis directly within the rating engine of an Intelligent Core, insurers make more informed pricing decisions, maintain rate adequacy, and respond confidently to market shifts or changes in regulatory requirements. This risk assessment capability is especially valuable for insurers managing diverse portfolios across regions, where understanding localized impact is critical to long‑term profitability.
A low‑code insurance rating software engine gives P&C carriers a strategic advantage by enabling faster pricing changes with less dependency on custom code or IT backlogs. In Duck Creek Rating, pricing rules, factors, and algorithms are configured and adjusted through a centralized, low‑code environment—creating a single point of change that updates consistently across products and markets.
This low‑code rating rules configuration model improves business‑IT alignment by allowing pricing, actuarial, and product teams to collaborate more effectively, while IT maintains governance and control. As part of an Intelligent Core built for scalability, this insurance rating engine software approach supports continuous pricing models evolution across regions and lines of business—without introducing technical debt or slowing time‑to‑market.
Resources to Power Your Knowledge
Trusted resources selected for distribution and compliance leaders