UnderwriteIQ Overview

Understand UnderwriteIQ

Overview

UnderwriteIQ™ delivers high-quality underwriting analytics tailored for insurers looking to grow their business without compromising risk tolerance guidelines. Drawing on more than 30 years’ risk analytics leadership, UnderwriteIQ leverages our industry-leading models, data products, and unified data store to deliver trusted underwriting analytics.

UnderwriteIQ leverages the Platform APIs to enable underwriters and other groups interested in account-level modelling to import exposures in batch and to process those exposures using custom workflows.

Using Platform APIs, UnderwriteIQ clients can perform the following workflows:

  • Import exposures in batch
  • Run custom underwriting workflows
  • Manage batch templates
  • View analytic reports

Tenant administration

Intelligent Risk Platform offers a variety of entities that enable a tenant administrator to manage access rights, permissions, and platform resources.

These entities include: entitlements, user groups, roles, and resource groups:

EntityPurpose
EntitlementControls access to platform resources by tenant.
User GroupControls access to data and grants role-based permissions by principal.
RoleControls access API operations.
Resource GroupAllocates resource quotas by entitlement.

All administrative tasks are performed by a tenant administrator in Admin Center. For detailed information on tenant security, see Admin Center.

Entitlements

Licensed UnderwriteIQ tenants are granted the RI-UNDERWRITEIQ entitlement.

An entitlement is an access control that grants a tenant access to Intelligent Risk Platform resources (operations, products, models, or data) that are restricted by license.

The RI-UNDERWRITEIQ entitlement grants client applications with access to API operations needed to perform core underwriting processes.

To access and use API operations that are restricted by entitlement, a client application must belong to a user group that has been assigned the RI-UNDERWRITEIQ entitlement. Entitlement-based access controls are frequently tied to role-based access controls. To learn more, see Entitlements.

Resource groups

A resource group is a mechanism for managing and tracking the Intelligent Risk Platform system resources licensed by a tenant, specifically the number of platform jobs that can be run concurrently by a tenant's principals.

The Intelligent Risk Platform makes one resource group available per RI-UNDERWRITEIQ entitlement.

A resource group ID must be specified in every operation that creates a platform job. For details, see Resource Groups. To learn more, see Resource Management.

Predefined Roles

Access and privileges are managed by means of role-based access controls, which are assigned to principals (client applications and users) based on group membership.

Licensed UnderwriteIQ principals may be assigned two roles based on user-group membership: UnderwriteIQ Admin and UnderwriteIQ User.

RoleDescription
UnderwriteIQ AdminUpload databases, define all settings in an batch template (including: geocoding and hazard settings, model settings, and report settings), add/edit policies, add/edit locations, import locations into an account, run analyses, and view and export reports.
UnderwriteIQ UserLocate databases and set a default view, use filters to locate accounts, add/edit policies, add/edit locations, perform geocoding and hazard retrieval on any new locations, run analyses, and view and export reports.

To learn more, see Roles.

Jobs

Client applications with the RI-UNDERWRITEIQ entitlement can run operations that initiate the following platform jobs:

JobAPIJob Type
ACCUMULATIONAccumulation APIAccumulation
ALMModel APIModel
ALM_IMPORTImport APINon-Model
ARCHIVE_EDMAdmin Data APINon-Model
ARCHIVE_SECURABLEAdmin Data APINon-Model
AUTO_DELETE_ARCHIVEAdmin Data APINon-Model
BULK_EDITRisk Data APINon-Model
BULK_EXPORTExport APINon-Model
BULK_GEOHAZBulk Geohaz APINon-Model
CEDE_IMPORTImport APINon-Model
CLIMATE_CHANGERisk Data APINon-Model
CONVERT_ACCOUNT_CURRENCYCurrency Conversion APINon-Model
CONVERT_AGGREGATE_PORTFOLIO_CURRENCYCurrency Conversion APINon-Model
CONVERT_EVENT_RATE_LOSSCurrency Conversion APINon-Model
CONVERT_PORTFOLIO_CURRENCYCurrency Conversion APINon-Model
CONVERT_RESULT_CURRENCYCurrency Conversion APINon-Model
CONVERT_TREATY_CURRENCYCurrency Conversion APINon-Model
COPY_ACCOUNTCopy APINon-Model
COPY_AGGREGATE_PORTFOLIOCopy APINon-Model
COPY_PORTFOLIOCopy APINon-Model
CREATE_EDMRisk Data APINon-Model
CREATE_MAP_LAYERNon-Model
DELETE_ACCOUNTRisk Data APINon-Model
DELETE_AGGREGATE_PORTFOLIORisk Data APINon-Model
DELETE_EDMRisk Data APINon-Model
DELETE_PORTFOLIORisk Data APINon-Model
DELETE_RDMNon-Model
DEREGISTER_DATA_BRIDGE_EDMRisk Data APINon-Model
DETACH_EDM
DLMModel APIModel
DOMAIN_DATA_LOADNon-Model
DOWNLOAD_DETACH_EDMExport APINon-Model
DOWNLOAD_EDMExport APINon-Model
DOWNLOAD_EXPOSURE_RESOURCEExport APINon-Model
DOWNLOAD_LOCATION_RESULTSExport APINon-Model
DOWNLOAD_PEQTExport APINon-Model
DOWNLOAD_RDMExport APINon-Model
DOWNLOAD_RESULTSExport APINon-Model
DOWNLOAD_REPORTExport APINon-Model
EDM2EDMExport APINon-Model
EDM_DATA_UPGRADERisk Data APINon-Model
ENRICH_EXPOSUREEnrich Exposure APINon-Model
EXPOSURE_BATCH_EDITBatch APINon-Model
EXPOSURE_BATCH_EDIT_WITH_GEOHAZBatch APINon-Model
GEOHAZGeohaz APINon-Model
GROUPINGGrouping APINon-Model
HDModel APIModel
MAP_PERSPECTIVERisk Data APINon-Model
MARGINAL_IMPACTRisk Data APINon-Model
MODEL_PRICINGNon-Model
MRI_IMPORTImport APINon-Model
OED_IMPORTImport APINon-Model
PATERisk Data APINon-Model
PLT_TO_ELTRisk Data APINon-Model
RDMImport APINon-Model
RDM_DATABRIDGEImport APINon-Model
REGISTER_DATA_BRIDGE_EDMRisk Data APINon-Model
RENAME_ANALYSISRisk Data APINon-Model
REPORT_GENERATIONRisk Data APINon-Model
RERUN_EPRisk Data APINon-Model
RESTORE_ARCHIVEAdmin Data APINon-Model
SIMULATE_LOSSESRisk Data APINon-Model
STEP_TOOLSTEP APINon-Model
STOCHASTIC_CEPSTEP APINon-Model
UPDATE_RESULTS_COUNTNon-Model
UPLOAD_EDMImport APINon-Model
UPLOAD_RDMImport APINon-Model