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Dais Technology Integrates its No-Code Platform with Verisk's Rating-as-a-Service (RaaS) Offering

PRNewswire 26-May-2023 5:27 PM

Dais Technology, a premier no-code insurance tech provider, has partnered with Verisk to integrate its platform with Verisk's cloud-based Rating-as-a-Service (RaaS). This alliance will facilitate real-time rating of insurance policies, accelerate product deployment, simplify product maintenance, and reduce costs for carriers and MGAs, providing them with the tools needed for efficient deviation management and swift development of unique insurance products.

CHICAGO, May 26, 2023 /PRNewswire-PRWeb/ -- Dais, a leading provider of no-code insurance technology, has integrated its platform with Rating-as-a-Service (RaaS), Verisk's new cloud-based rating engine, to offer an enhanced solution to help carriers and MGAs accelerate product deployment and simplify product maintenance.

Verisk's RaaS allows carriers and MGAs to rate insurance policies in real-time using rating data and rules directly from ISO's Commercial Lines Manual. Dais' no-code platform provides a quoting user interface, advanced deviation management, and developer tools, all without a single line of code. This no-code approach saves carriers and service integrators time and expenses while working alongside policy administration systems.

"Dais' capabilities are a great complement to our Rating-as-a-Service product" said Ron Beiderman, senior vice president of core lines services products at Verisk. "Our combined solution provides customers with access to reliable, up-to-date ISO insurance programs delivered in real-time via RaaS, as well as the tools to provide deviation management so they can develop unique products quickly and easily."

"We're excited about our alliance with Verisk. By integrating our solution with RaaS, we help solve a key problem in the industry in terms of flexibility, speed to market, and minimizing cost in a core functional area. We can populate our no-code solution with definitive products right from the source" says Jason Kolb, Dais CEO. "Verisk has the most comprehensive products and scale in the industry and our platform handles both. Our no-code offerings can handle the complexity of commercial lines rules, rating, and custom predictive modeling deployment."

Additional capabilities are also available from Dais to extend rating such as: public APIs for use by third parties, book impact analysis and scenario testing tools, one-click prefill data from a variety of providers, connections to external models and scoring engines, and policyholder customer experiences.

Learn more about the Dais Technology Insurance Platform.

Learn more about Verisk's RaaS and ERC.

About Dais

Dais Technology's no-code platform revolutionizes insurance product creation for MGAs, carriers, and reinsurers with lightning-fast speed. Offering support for all P&C products, Dais' event-based architecture enables AI-driven bundling, automation, and real-time deployment. Experience unmatched scalability and innovation Dais. For more information, please visit dais.com.

About Verisk

Verisk (NASDAQ:VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, ESG and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

Dais Media Contact:

Aaron Larson

312-324-3836

aaron@dais.com

Verisk Media Contact:

David Novich

201-469-2437

David.Novich@verisk.com

Pull Quote

"Our combined solution provides customers with access to reliable, up-to-date ISO insurance programs delivered in real-time" - Ron Beiderman, Verisk

Media Contact

Jason Kolb, Dais Techology, 1 312-324-3836, jason@dais.com, https://www.dais.com

 

SOURCE Dais Techology