The XLogic® Rating System (XLogic) is an easy-to-use online application that automates rating and underwriting functions.

XLogic can handle the most complex rating formulas and can be rapidly deployed. The web-based tool generates Excel reports and is integrated with email.

XLogic automates:

• New business rating, quoting, and underwriting
• Batch renewal processing, underwriting, and alternate quoting
• Underwriting workflow management
• What-if testing of rating methodologies
• Data import and export processing, data validation, and scrubbing

Developed for large group, small group, and individual customer segments in medical and non-medical lines of business, Xlogic supports:

• Manual rating and experience rating formulas
• Alternate funding and multiple-option arrangements
• Multiple and proprietary rating methodologies and data schemas

No IT support required

Actuaries maintain rating algorithms and factors in Excel, which allows for rapid deployment in an enterprise environment.

Easy-to-configure mappings between worksheet ranges and database queries automate the movement of data through compiled or un-compiled Excel models. Underwriters can download an un-compiled Excel rating model pre-populated with data, make changes, and upload it to the server to save the changes back to the database.

Additional features

• Central database of data and activities
• Robust group-to-rating model mapping rules
• Multiple rating model sequencing
• Role-based security
• Audit trail and history tracking
• Auto-approvals
• Underwriter assignments and approvals