Introduction to SoftRater

SoftRater is the rating engine portion of the Oracle Insurance Insbridge Enterprise Rating (Insbridge) system. The SoftRater rating engine is updated with logic created in RateManager and is the run-time environment for a company’s rates. SoftRater supports request integration through a Web Services (SOAP) interface or through native Java or .NET interfaces. The engine is multi-platform and has the ability to process rates in both a transactional and batch mode.

The following application sources are supported by Oracle Insurance Insbridge Enterprise Rating: Web applications Server based applications Mainframe applications Or any combination of the above.

The SoftRater Engine performs all calculations and runs underwriting rules. The output is Insbridge XML that is reformatted for distribution to all application sources. For Windows: SoftRater utilizes Microsoft SQLMicrosoft SQL Server 2012, 2016, 2017, 2019. or data store. For Java:SoftRater utilizes Microsoft SQL Server 2012, 2016, 2017, 2019. Oracle 11g, 12c, 19c for data store.

 

The platforms for SoftRater engines are:

• SoftRater for Windows
• SoftRater for Java, consisting of:
  • SoftRater for WebSphere
  • SoftRater for WebLogic
  • SoftRater for TomEE