Mobius Rating

Mobius Rating 2018-05-10T15:07:07+00:00

Revolutionise your insurer hosted pricing with the latest technology

The insurance market is constantly changing. It’s becoming increasingly competitive and clients are wanting value for money more than ever before. In addition, your business needs to satisfy the needs of brokers and end consumers alike – while efficiently distributing your schemes around the clock.

Our Mobius Rating hub is an innovative application that simplifies the current distribution method typically available to insurers. Mobius Rating allows you to create, edit and issue any number of insurance products to multiple broker sites.

All scheme files are stored in the cloud and can be accessed anytime and anywhere using any device, including tablets and smartphones.

Mobius Rating is a unique product which promises some brilliant efficiency gains for us. We hope that being involved from an early stage will help to give us a competitive edge.
Peter Bann, Freeway
We are using Mobius Rating across a range of delegated authority products to give us far greater control over real-time pricing, enrichment and product evolution.
Gerry Bucke, Adrian Flux

Revolutionise your insurer hosted pricing with the latest technology

The insurance market is constantly changing. It’s becoming increasingly competitive and clients are wanting value for money more than ever before.

In addition, your business needs to satisfy the needs of brokers and end consumers alike – while efficiently distributing your schemes around the clock.

Our Mobius Rating hub is an innovative application that simplifies the current distribution method typically available to insurers. Mobius Rating allows you to create, edit and issue any number of insurance products to multiple broker sites.

All scheme files are stored in the cloud and can be accessed anytime and anywhere using any device, including tablets and smartphones.

Mobius Rating is a unique product which promises some brilliant efficiency gains for us. We hope that being involved from an early stage will help to give us a competitive edge.
Peter Bann, Freeway
We are using Mobius Rating across a range of delegated authority products to give us far greater control over real-time pricing, enrichment and product evolution.
Gerry Bucke, Adrian Flux

What differences can Mobius Rating bring to your hosted pricing strategy?

Traditional IHP Mobius Rating
After the insurer creates the product guide, it is sent to software providers to build the scheme using their own applications. Any number of products, of any type, can be stored in the cloud.
The time taken to create the product depends on the software provider. The scheme files are used by the Quote API called for by brokers. This means a single release can be made to any number of brokers.
Once created, the software provider distributes the product via different mechanisms e.g. FTP, email or manual file copy and installation. This can take a lot of time and effort. Broker systems can call into Mobius Rating to quote current products.

One platform, multiple benefits:

Insurers/MGAs

  • Centralised rate update and distribution – one update for all integrated partners.

  • Real-time quote analytics, anonymised request and response data available to report on.

  • A simplified route to market resulting in reduced distribution costs.
  • Maintenance fees with a simple annual payment, hosting and transactional charges.

  • Full self-empowerment over all product changes and distribution.

  • Ability to design product prototypes and test in real-time.
  • Capability to use Artificial Intelligence to shape pricing strategies.

Brokers

  • Fits with any software house platform.
  • Integrates with custom-built broker software applications.
  • Increased panel offering, maintained centrally.

  • A product suite maintained in real-time, benefiting from latest schemes.
  • Access to Polaris rates not available in your software provider’s solution.
  • Benefit from the latest insurance premium prices from your insurer.

Software providers

  • Simple web API using JSON or XML allows Mobius Rating to be integrated into any insurance software system.
  • Reduced development time to add new products to the panel.

  • Access to Polaris rates without the need to integrate the Polaris WSRTE or RTE.
  • Increased panel offering through a single solution.

  • Software provider maintains relationship with the MGA, wholesale broker, insurer for POS documentation and EDI.
  • No additional infrastructure costs compared to a hosted rating engine.

Insurers/MGAs

  • Centralised rate update and distribution – one update for all integrated partners.

  • Real-time quote analytics, anonymised request and response data available to report on.

  • A simplified route to market resulting in reduced distribution costs.
  • Maintenance fees with a simple annual payment, hosting and transactional charges.

  • Full self-empowerment over all product changes and distribution.

  • Ability to design product prototypes and test in real-time.
  • Capability to use Artificial Intelligence to shape pricing strategies.

Brokers

  • Access to products that normally might not be available due to cost of development or technology falls short.
  • Fits with any software house platform.
  • Integrates with custom-built broker software applications.
  • Increased panel offering, maintained centrally.

  • A product suite maintained in real-time, benefiting from latest schemes.
  • Access to Polaris rates not available in your software provider’s solution.
  • Benefit from the latest insurance premium prices from your insurer.

Software providers

  • Simple web API using JSON or XML allows Mobius Rating to be integrated into any insurance software system.
  • Reduced development time to add new products to the panel.

  • Access to Polaris rates without the need to integrate the Polaris WSRTE or RTE.
  • Increased panel offering through a single solution.

  • Software provider maintains relationship with the MGA, wholesale broker, insurer for POS documentation and EDI.
  • No additional infrastructure costs compared to a hosted rating engine.

Would you like a demo? Need some help or advice? Please call us on 01905 754455.

Request a demo

Would you like a demo? Need some help or advice? Please call us on 01905 754455.

Request a demo