IQX Rate Manager allows Underwriters, Product Managers and Actuaries to make rate changes without relying on IT resources. Carriers update rates instantly and automate the introduction of monthly or quarterly updates generated by the IQX Rating Engine.
By implementing future effective rate updates, you can ensure that the most accurate rates are utilized, avoiding discrepancies or misquotes. Grandfathered rates can be retained and remain active, with original effective dates. Historical rates can also be de-activated and retained with original effective dates.
A unique role-based feature enhances control and security measures. Multiple rate changes can be applied on specified effective dates and an easy-to-use interface makes uploading rates and factor tables easy.