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“A ROC, in insurance industry jargon, is the engine and rules that calculate the prices that consumers pay for insurance policies. Since our technology rails support all types of complex insurance products, everything must be extremely configurable. This is a challenge we’re happy to accept – and there is no hard coding in the engine at all. Our ROC Builder system takes in configuration data and compiles it into a pricing model, which is then used to serve prices to consumers.” Christopher Cummings, staff software engineer, breaks down how Sure’s proprietary Rate Order Calculator handles variable complexity to drive the future of insurance on Sure’s technology rails. Read more here: https://lnkd.in/d35am8jh #digitalinsurance #embeddedinsurance #insurtech #fintech

  • graphical user interface, application

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