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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

The RS X system from DRC underpins our comprehensive insurance platform, catering to personal, commercial, and specialty lines. Explore how our flexible toolkit enables you to launch insurance products more swiftly than ever. Regardless of whether you are a business executive, an actuary, or in IT, DRC's technology provides a crucial edge that propels your progress. By embracing cloud-optimized solutions like the DRC Insurance Platform, E&S product owners can achieve a more extensive data storage solution, enhancing both accuracy and operational efficiency. We empower MGAs to maximize their capabilities while minimizing resource expenditure, thereby offering remarkable value to their clients. DRC streamlines the process for actuaries, allowing them to swiftly model intricate products with tools they already know, presented as enterprise services. Remove the barriers related to IT and vendor resource availability, and enable your actuarial team to unleash their creativity to its fullest potential. It’s time to transform the way insurance is developed and delivered, fostering innovation and responsiveness in an ever-evolving market.

Description

Insurance companies are inundated with vast amounts of data, prompting the essential inquiry: how can they extract meaningful insights from it? Milliman stands at the forefront of creating and implementing analytical solutions designed to enhance decision-making, assess and manage risk, boost predictive accuracy, and streamline intricate tasks. By utilizing advanced cloud technology and cutting-edge statistical methodologies, we enable you to uncover significant hidden insights within your data. We also offer regulatory support for both property and casualty (P&C) as well as life insurance sectors. Our services encompass assistance with the actuarial components of financial examinations, rate filings, and model evaluations relating to catastrophic risk. For both P&C and life insurance, we provide comprehensive model reviews that validate both internal and external catastrophe models, aiming to mitigate risk exposure and facilitate improved decision-making processes. With our advanced modeling capabilities and extensive global expertise, we aid you in producing precise and actionable financial forecasts and reports. Additionally, we assist in analyzing the potential impacts of upcoming regulatory changes on reserves and capital, ensuring that you maintain ongoing compliance in a continually evolving landscape. Ultimately, our collaborative approach empowers clients to navigate their unique challenges with confidence.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Equisoft/manage No 

Integrations

Equisoft/manage Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

Decision Research

Founded

1976

Country

United States

Website

www.decisionresearch.com

Vendor Details

Company Name

Milliman

Country

United States

Website

www.milliman.com/en/insurance/analytics

Product Features

Insurance Policy

Cancellation Tracking Yes 
Claims Tracking Yes 
Policy Generation Yes 
Policy Issuance Yes 
Policy Processing Yes 
Quotes / Estimates Yes 
Rating Engine Yes 
Reinstatement Tracking Yes 
Reinsurance Administration No 
Renewal Management Yes 
Underwriting Management Yes 

Insurance Underwriting and Rating

Broker / Agent Portal Yes 
Carrier Upload Yes 
Commercial Lines Yes 
Comparative Insurance Rating No 
Customer Portal Yes 
For Casualty Insurance Yes 
For Health / Medical Insurance No 
For Life Insurance No 
For Personal Insurance Yes 
Multi-State Yes 
Multiple Line Rating Yes 

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