Ace Fleet Insurance Rating logo

Ace Fleet Insurance Rating

by Ace Actuarial Consulting · Since 2013
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorAce Actuarial Consulting
Year launched2013
StatusActive
LocationCanada
Countries servedGlobal
Languages5
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesNO

About Ace Fleet Insurance Rating

Ace Fleet Experience Rating Software is a highly specialized actuarial tool designed for commercial insurers managing large automobile fleets, offering strong precision in experience-based premium calculations.

Ace Fleet Experience Rating Software is a highly specialized actuarial tool designed for commercial insurers managing large automobile fleets, offering strong precision in experience-based premium calculations. It excels at handling both manual and fleet-rated premiums simultaneously, giving underwriters clear insight into how historical loss data impacts pricing. The platform’s data-focused interface supports efficient policy management, allowing users to quickly modify, copy, and rerate large vehicle schedules with minimal delay. Its ability to process complex rerating tasks in seconds, even for fleets with significant changes, highlights its performance strength. Features such as granular by-territory and by-line rating, along with seamless export and import capabilities, make it particularly valuable for actuaries who rely on advanced modeling and external analysis. Integration flexibility allows it to fit into internal systems or broader policy management environments, while secure online data storage ensures consistency and reliability. However, the system’s technical depth may present a learning curve for less experienced users, and adapting it for multi-national fleet operations may require additional configuration.

Pros & Cons

Pros
  • Built by actuaries for actuaries, supporting strong mathematical precision throughout the rating process.
  • Recalculates premiums extremely fast for large vehicle schedules and fleet groups.
  • Centralizes data, reducing the spreadsheet sprawl common in fleet underwriting.
Cons
  • Multi-national fleet customization may need extra manual configuration for territory rates outside North America.
  • Requires a solid understanding of insurance rating concepts, making it less beginner friendly.

Features

Key features

Fleet Experience Rating

Provides specialized logic for calculating and managing fleet-specific insurance policies and their associated premiums.

Custom Actuarial Solutions

Offers bespoke software architecture specifically designed to meet the unique actuarial needs of the automobile insurance industry.

Integrated Industry Rates

Utilizes comprehensive all-industry by-line and by-territory rates developed directly by Ace Actuarial experts.

Client-Specific Rate Support

Features the flexibility to incorporate and run proprietary rates provided directly by the insurance client.

Valuation and Risk Retention

Includes advanced consulting-grade modules for assessing policy valuation and strategic risk retention.

Automobile Line Rate Filings

Facilitates the complex process of performing rate reviews and filings across all automobile insurance lines.

Additional features

Fleet Policy Management

Allows for the comprehensive organization and oversight of fleet insurance policies within a single system.

Premium Management

Provides tools to calculate, track, and manage insurance premiums based on fleet performance and experience.

Custom Software Architecture

Delivers tailored software builds rather than "off-the-shelf" solutions to fit specific carrier workflows.

Actuarial Consulting Services

Integrates professional actuarial insights including valuation and pricing strategy into the software experience.

Automobile Line Filings

Supports the administrative and mathematical requirements for submitting rate filings for automobile insurance.

Risk Retention Analysis

Features tools designed to help insurers determine optimal levels of risk to retain versus transfer.

By-Line and By-Territory Rating

Supports granular rating capabilities that break down data by specific insurance lines and geographic territories.

External Rate Integration

Enables the software to function using either Ace’s proprietary rate data or the user's own data sets.

Webex Demonstration Support

Offers remote, guided walkthroughs of the software features via Webex for potential users.

Rate Review Functionality

Includes features to perform detailed reviews of existing rates to ensure ongoing actuarial accuracy.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
5
Interface languages
3
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalian

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP

No reviews yet

Be the first to drop a review

Alternatives to Ace Fleet Insurance Rating

Semsee logo

Semsee

Semsee is a specialized insurance agency management platform designed to simplify quoting, client management, and…

E!Z Work Comp Rater logo

E!Z Work Comp Rater

E!Z Work Comp Rater is a highly specialized and efficient cloud-based solution designed specifically for…

WinCCiRater logo

WinCCiRater

WinCCiRater is a powerful desktop-based comparative rating and agency management solution tailored for independent insurance…

ACS 2000 logo

ACS 2000

ACS 2000 is a highly efficient comparative rating solution tailored for independent insurance agencies handling…

IAMS logo

IAMS

Insurance Agency Marketing Services (IAMS) is an established insurance agency support and marketing platform designed…

Applied Epic logo

Applied Epic

Applied Epic from Applied Systems is a comprehensive insurance agency management system designed for mid‑size…

Spot something wrong or outdated?

Suggest a correction — a reviewer verifies every change.

Often compared with Ace Fleet Insurance Rating

Compare any two tools →
Semsee logo
Semsee
Insurance Rating
0.0
E!Z Work Comp Rater logo
E!Z Work Comp Rater
Insurance Rating
0.0
WinCCiRater logo
WinCCiRater
Insurance Rating
0.0
ACS 2000 logo
ACS 2000
Insurance Rating
0.0