Make product changes with less repeated work.

For carriers and MGAs whose underwriters move between Excel raters, pricing spreadsheets, and policy systems to develop an indication. CovCloud brings rating, negotiated pricing, and transaction comparison into one underwriting workspace.

Our product focus is General Liability, Commercial Property, Commercial Auto, Inland Marine, and follow-form Excess Casualty, across new business, renewals, and endorsements. The exact coverage, state, and transaction cases are agreed for your program.

Yes. Your existing rater remains the source of rating logic and supplies the rated premium. We scope the connection around its inputs, outputs, and the cases your team needs to review.

Excel rater conversion is an option where a rating service is needed. It preserves the established rating logic and is checked against approved workbook cases, with response times and the next rate change included in acceptance. Conversion is not a prerequisite for every pilot.

Your rater calculates the rated premium first. Underwriters then apply negotiated premiums and product-specific adjustments in the workbench, within the rules agreed for your product. Minimums and fees are part of that scope.

The original rated premium, subsequent adjustments, and agreed price stay visible for review. The aim is to give underwriters pricing flexibility while reducing repeated E&S customizations in the policy system.

Model-Driven Pricing connects your own models to supply factors after systematic rating. The worksheet retains technical premium, model-adjusted premium, and agreed price, along with the model version and returned factors.

For the pilot, we agree model access, permitted factors, calculation order, bounds, response-time needs, and what happens when a result is unavailable or outside those bounds. Your team supplies the model and reviews how its factors affect pricing.

It brings selected rates and premiums together side by side: expiring against renewal, or a current policy against a proposed endorsement. The comparison shows the reported values and their differences alongside the applicable terms and pricing basis, including records from different systems.

Missing values and unmatched records are flagged for review. This comparison does not attribute causes, isolate rate effects from exposure or coverage changes, or provide portfolio analytics.

In your policy administration system. The workbench submits the selected indication’s risk details, coverage terms, and pricing results through the connection agreed for your program. Your policy system continues its required validations and binding workflow.

The integration scope includes confirming receipt and making validation failures and pricing discrepancies visible for review. We test that handoff against representative cases with your technology team and implementation partners.

Through a fork-and-build model: you start with your own copy of the workbench codebase and adapt it to your products, raters, and underwriting workflow. Your team controls testing, releases, and which CovCloud updates to adopt. You will never be forced to adopt a new CovCloud version.

Documentation and tools for AI-assisted development help your team maintain and extend it. Codebase licensing, hosting, operations, security updates, maintenance, and support responsibilities are agreed in the written scope.

Start with one existing E&S program, its rater, and representative new-business, renewal, and endorsement cases. We agree what can be demonstrated, what needs configuration or integration, and the acceptance measures, budget, timeline, and time needed from your underwriting, actuarial, and technology reviewers.

Run the same cases through your current workflow and the pilot. Compare time to a usable indication, underwriting effort, premium agreement, repeated data entry, and handoff discrepancies. Include setup and integration effort, then measure one subsequent change to assess the ongoing cost.