Relieve Pain Points with Oracle Insbridge

Relieve Pain Points with Oracle Insbridge

Insurance rating systems have long suffered from many different pain points. Some of the most common issues include:

  • Maintenance that is costly and burdensome, for a variety of reasons.
  • The effort it takes to introduce new rates or products is too high.
  • Rating is inefficient and takes hours to complete.

Fortunately, Oracle Insurance Insbridge Enterprise Rating can help relieve these pain points in a variety of ways.

Reduce Maintenance Headaches

Rating and maintenance go hand-in-hand; you can't have one without the other. A couple of factors that play a role in increased maintenance costs include:

  • Multiple, different rating systems in-house, and
  • IT/development resources and coordination required for changes.

Oracle Insbridge solves these issues in several ways:

Insbridge acts as a single source for all of your rating rules and logic. To give a quick example, some of our customers have used multiple versions of an Excel workbook scattered across the globe for their rating, which is a complete nightmare to track and maintain. This may be an extreme example, but it's not uncommon to have multiple systems of record when it comes to rating. With Insbridge, you can consolidate all of your rating into a single, web-based authoring environment from which you can deploy rating rules and logic to any number of rating environments.

Insbridge does not require development resources to maintain rating logic. While there are some components of Insbridge that require IT involvement, all of the development and deployment of changes is point-and-click. Insbridge is designed to simplify the development and testing of changes and empower business users to take ownership of their rating logic.

Easily Implement Rates and Rules

A decent starting estimate for an initial implementation is 2-3 months; the lines of business and number of states you're trying to implement can move the needle up or down. Most of this time is spent on requirements, integration, and testing. The actual development time is minimal in comparison. Once you have everything setup, rate changes can take hours instead of days/weeks. We've seen our customers turn around changes in one day, as opposed to one week.

Despite the ease at which you can implement your rating, Insbridge is not limited in what it can do. Insbridge can be used for any line of business with a ton of available options to users. Whether you're rating complex driver assignment for Personal Auto or anniversary rating for Workers Compensation, there is very little that Insbridge can't do to solve your business needs.

Improve Rating Performance

Insbridge is fast. We've seen massive Commercial Auto policies with thousands of vehicles across multiple states rate in a matter of seconds. Many of our customers run nightly batch cycles which previously took hours to complete with their legacy systems. With Insbridge, an entire book of business can be rated in a matter of minutes. Click here for a benchmarking study that Oracle released demonstrating Insbridge's scalability and performance across different configurations.


Oracle Insbridge is capable of addressing any pain point you may be experiencing with your existing rating system. Whether it's maintenance headaches, large efforts to implement changes, or rating inefficiencies, Insbridge can address these problem areas. If you're interested in learning more, reach out to us in the comments below or at!