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:

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 that enables a tenant to manage access to Intelligent Risk Platform resources and manage resource quotas by entitlement within Intelligent Risk Platform tenants.

The Intelligent Risk Platform makes one resource group available per licensed application (e.g. Risk Modeler, UnderwriteIQ, ExposureIQ, TreatyIQ). So, a tenant may manage access to the platform on an application-by-application basis.

Every resource group defines resource allocation for a particular entitlement. A resource group is defined by a name, a unique ID, and the package quota, which specifies the maximum number of non-model jobs that the tenant can run concurrently. The resource group can also be used to control access to particular user groups.

Multiple resource groups are not supported for the RI-UNDERWRITEIQ entitlement. All UnderwriteIQ principals belong to the same resource group.

A resource group ID must be specified in every operation that creates a job. In general, all POST requests as well as many PUT, PATCH, and DELETE requests create jobs as well.

To utilize these UnderwriteIQ API operations, a principal must specify a valid resource group ID in the x-rms-resource-group-id header parameter of a request.

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.

To learn more, see Roles.

Workflows

UnderwriteIQ underwriting operations and workflows are supported using both Platform APIs and the Risk Modeler API.

Moody's encourages UnderwriteIQ tenants that developing new applications or scripts to manage underwriting processes to use the Platform APIs rather than the Risk Modeler API. The Platform APIs deliver many new and powerful features as well as existing Risk Modeler API features.

Jobs

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