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Turn pricing workbooks into governed, API-enabled rating services that bring pricing changes to market faster while maintaining consistency and control across policy, digital, and partner channels.
Business Value
Shorten the path from pricing design to production with fewer handoffs so you can launch products and rate updates faster, respond to market shifts, and reduce friction in rating operations.
Turn Excel workbooks into governed, API-enabled services with version control, validation, and rate maintenance, so experts can manage change with less IT dependency.
Apply consistent rating logic policy administration, web quoting, portals, comparative raters, marketplaces, and partner platforms from one governed engine.
Centralize rating logic with version control, validation rules, and controlled promotion paths so teams can maintain consistency across environments and support audit requirements.
Why AI matters
AI-assisted workflows can help reduce friction in rating operations, from workbook to production, while keeping people in control. Explore the detailed Enterprise Rating page for the workflow and capability story.
Create rating workbooks
from filing documents in as little as 30-60 minutes, with more complex filings completed in only a few hours.
Up to 80%
of a new rating workbook generated from filing documentation.
60 – 70%
reduction in implementation time.
Implementation
Discover and design
Align on products, lines of business, and target outcomes, then define the rating scope, architecture, and implementation plan together.
Configure, migrate, and integrate
Configure Enterprise Rating, migrate initial products and rates, and connect the engine to policy, billing, claims, and priority distribution channels.
Test, refine, and go live
Validate rating results, refine workflows, and manage a controlled go-live that minimizes disruption for underwriters, actuaries, and distribution partners.
Support
Majesco P&C Enterprise Rating helps insurers move from rating complexity to rating agility with a faster, more flexible way to manage rating across products, lines, and channels.
It is designed for insurance leaders across product, pricing, actuarial, underwriting operations, technology, and distribution who need to respond faster to change.
Enterprise Rating exposes rating logic as enterprise services that can be called by policy administration, billing, claims, web quoting, portals, marketplaces, and comparative raters. This helps insurers modernize rating without replacing every core system.
