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SAS for Insurance from SAS

This solution includes capabilities for predictive modeling, risk assessment, and dynamic pricing, integrating seamlessly with policy administration systems to enhance rating accuracy and insights.

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Product analysis by function

Rating Engines for Policy Administration

Software that calculates premiums based on risk characteristics, coverage options, and rating algorithms. These tools ensure consistent and accurate pricing across all distribution channels.
More Rating Engines More Policy Administration ...

Core Rating Logic
(3 Yes /3 Known /15 Possible features)

Integration Capabilities
(4 Yes /4 Known /14 Possible features)

Configurability & Flexibility
(0 Yes /0 Known /12 Possible features)

Performance & Scalability
(0 Yes /0 Known /11 Possible features)

Compliance & Regulatory Support
(0 Yes /0 Known /11 Possible features)

Test and Quality Assurance
(0 Yes /0 Known /10 Possible features)

User Experience & Usability
(1 Yes /1 Known /10 Possible features)

Security & Data Protection
(3 Yes /3 Known /10 Possible features)

Analytics & Reporting
(5 Yes /5 Known /10 Possible features)

Deployment & Operations
(2 Yes /2 Known /9 Possible features)

Support & Vendor Services
(2 Yes /2 Known /8 Possible features)

Product Performance Dashboards for Product Development

Visualization tools that track key performance indicators for insurance products, helping teams identify trends and make data-driven optimization decisions.
More Product Performance Dashboards More Product Development ...

Data Integration & Connectivity
(8 Yes /8 Known /10 Possible features)

KPI and Metrics Tracking
(8 Yes /8 Known /9 Possible features)

Visualization and User Interface
(6 Yes /6 Known /9 Possible features)

Collaboration & Workflow
(7 Yes /7 Known /8 Possible features)

Security & Compliance
(8 Yes /8 Known /8 Possible features)

Alerting & Notification
(5 Yes /5 Known /6 Possible features)

Analytics & Advanced Insights
(7 Yes /7 Known /8 Possible features)

Integration with Insurance Product Lifecycle
(6 Yes /6 Known /6 Possible features)

User Management & Administration
(5 Yes /5 Known /5 Possible features)

Support, Training, & Documentation
(6 Yes /6 Known /7 Possible features)

Facultative Placement Systems for Reinsurance

Tools that streamline the process of placing individual risks with reinsurers, including submission preparation, quote management, and binding documentation.
More Facultative Placement Systems More Reinsurance ...

Submission Management
(4 Yes /5 Known /14 Possible features)

Quote Management
(0 Yes /0 Known /13 Possible features)

Placement Binding & Documentation
(0 Yes /0 Known /11 Possible features)

Workflow & Collaboration
(0 Yes /0 Known /10 Possible features)

Integration & Interoperability
(3 Yes /3 Known /9 Possible features)

Security & Compliance
(3 Yes /3 Known /8 Possible features)

Analytics & Reporting
(2 Yes /2 Known /7 Possible features)

User Experience (UX) & Interface
(4 Yes /4 Known /7 Possible features)

Capacity & Performance
(1 Yes /1 Known /5 Possible features)

Market Connectivity
(0 Yes /0 Known /6 Possible features)

Support & Configuration
(2 Yes /2 Known /7 Possible features)

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Custom Rating Algorithm Support Ability to define and manage custom rating logic and algorithms, adaptable to changing actuarial requirements.		SAS for Insurance allows the definition of custom pricing and rating algorithms, supporting dynamic actuarial requirements (dynamic pricing and predictive modeling).
Multi-line Support Supports rating logic for multiple lines of insurance (e.g., property, auto, life).		SAS for Insurance is positioned for use across multiple lines of insurance as indicated by its broad positioning for insurers.
Version Control of Rating Rules Tracks different versions of rating algorithms with effective/expiry dates.		No information available
Real-time Rate Calculation Performs rating computations in real time for fast quote turnaround.		SAS scoring and pricing APIs and integrations are real-time capable, used for pricing and quote delivery.
Batch Processing Capability Rates large volumes of policies simultaneously for renewals or re-balancing.		No information available
Dynamic Input Handling Accepts variable or custom inputs for calculations depending on product design.		No information available
Pre-built Templates Includes starter templates for common insurance product types and calculations.		No information available
Validations and Error Handling Automatically checks input data for consistency and notifies users of errors or anomalies.		No information available
Rate Table Management Allows for the import, export, and management of rate tables used in calculations.		No information available
Support for Rating Factors Handles diverse rating factors (driver age, location, coverage limits, etc.) within algorithms.		No information available
Multi-State/Region Rating Ability to apply state- or region-specific rating logic and compliance rules.		No information available
Automated Recalculation Detects data changes and automatically recalculates affected premiums.		No information available
Hazard and Tier Assignment Dynamically assigns risk tiers or hazard classes impacting the rating.		No information available
Experience/Exposure Rating Supports specialized rating methods using claims history or exposure data.		No information available
Base Rate Management Flexible management of base rates and their adjustment over time.		No information available

API Integration Exposes rating logic via REST/SOAP APIs for seamless use by portals, agencies, and partners.		SAS exposes REST and SOAP APIs for integration with rating and analytics logic.
Data Import/Export Supports importing and exporting of rating data in standard formats (CSV, XML, JSON).		SAS supports standardized data import/export (CSV, XML, JSON) as part of its analytics platform.
Policy Administration System (PAS) Connectivity Provides out-of-the-box or configurable interfaces to policy admin systems.		Marketing and solution briefs indicate seamless policy administration system integration; this is a core stated capability.
Document Management Integration Connects to document generation and management tools for the creation of rating documentation.		No information available
Third-party Data Provider Integration Ability to pull in external data (credit, telematics, catastrophe, etc.) into rating calculations.		SAS can consolidate third-party data (credit, catastrophe, telematics, etc.) into analytic/rating workflows.
Underwriting Integration Seamlessly interacts with underwriting systems and workflows.		No information available
Legacy System Support Interfaces with older systems often used by large insurers.		No information available
Real-time Quote Delivery Enables delivery of quotes to web/app distribution channels in real time.		No information available
Front-end UI Integration Connects with user-facing applications for quote and bind processes.		No information available
API Call Latency The average response time for a rating API call.		No information available
Concurrent API Users Supported Number of simultaneous API consumers the system can handle efficiently.		No information available
Event Notification/Webhooks Pushes notifications or events to other systems when certain rating events occur.		No information available
Custom Integration SDKs Provides SDKs or toolkits to facilitate integration with custom applications.		No information available
Single Sign-On (SSO) Supports SSO to streamline user authentication across integrated systems.		No information available

No-code/Low-code Rule Editing Allows business users to modify rating logic without programming.		No information available
Custom Field Support Easily add, remove, or modify input fields and variables for new products.		No information available
Dynamic Workflow Designer Design and adjust rate calculation workflows visually.		No information available
Conditional Logic Handling Create complex conditional rules for different situations.		No information available
Business Rules Engine Rules engine for defining and managing non-technical business logic.		No information available
Granular Permission Settings Control who can view, edit, or publish rating changes.		No information available
Multi-language Capabilities Supports multiple languages for global or multi-lingual deployments.		No information available
Product Version Management Manages different product and rating versions concurrently.		No information available
Simulation/Sandbox Environment Test and preview rating changes in a safe non-production environment.		No information available
Change Approval Workflow Built-in process for reviewing and approving rating updates.		No information available
Rule Cloning & Reuse Rapidly duplicate and adjust existing rating rules for new use cases.		No information available
Internationalization (i18n) Easily adapt rating logic for different currencies, geographies, and languages.		No information available

Average Calculation Time Typical duration of a single premium calculation in a standard environment.		No information available
Peak Transactions Per Second Maximum supported rating transactions per second, under load.		No information available
Concurrent Quote Processing Number of simultaneous quote calculations handled without degradation.		No information available
Auto-scaling Support Can automatically scale system resources based on demand.		No information available
High Availability (HA) Designed for minimal downtime with redundancy and failover.		No information available
Disaster Recovery (DR) Has disaster recovery strategies for quick restoration in case of system failures.		No information available
Service Level Agreement (SLA) Uptime Guaranteed system uptime in production environment.		No information available
Geographically Distributed Deployment Deploys rating compute resources across multiple regions/data centers.		No information available
Load Balancing Distributes rating requests across multiple servers for optimal speed.		No information available
Resource Utilization Dashboard Provides admin dashboards showing active load and resource usage.		No information available
API Rate Limiting Configurable thresholds to prevent system overload from excessive requests.		No information available

Audit Logging Tracks all rating rule changes and calculation executions for full auditability.		No information available
Regulatory Rule Templates Built-in rules/templates for common state and country compliance scenarios.		No information available
Automated Compliance Checking Flags rating approaches that violate known regulatory requirements.		No information available
Documentation Generation Automatically prepares documentation of rating algorithms for regulators.		No information available
Change Traceability Ensures all changes to logic are tracked by user, timestamp, and rationale.		No information available
Regulator Portal Access Offers restricted access for regulatory review of configuration.		No information available
Surcharge/Discount Rule Compliance Automatically enforces allowed surcharges and discounts for each jurisdiction.		No information available
State Filing Support Assists in preparing filings for rating changes with departments of insurance.		No information available
Retention Policy Management Configurable retention periods for data in accordance with legal requirements.		No information available
GDPR/CCPA Readiness Supports controls for privacy and data protection compliance.		No information available
Redlining Detection Helps detect unlawful discrimination in rating algorithms.		No information available

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Financial Technology Year

SAS for Insurance from SAS

Product analysis by function

Rating Engines for Policy Administration

Core Rating Logic
(3 Yes /3 Known /15 Possible features)

Integration Capabilities
(4 Yes /4 Known /14 Possible features)

Configurability & Flexibility
(0 Yes /0 Known /12 Possible features)

Performance & Scalability
(0 Yes /0 Known /11 Possible features)

Compliance & Regulatory Support
(0 Yes /0 Known /11 Possible features)

Test and Quality Assurance
(0 Yes /0 Known /10 Possible features)

User Experience & Usability
(1 Yes /1 Known /10 Possible features)

Security & Data Protection
(3 Yes /3 Known /10 Possible features)

Analytics & Reporting
(5 Yes /5 Known /10 Possible features)

Deployment & Operations
(2 Yes /2 Known /9 Possible features)

Support & Vendor Services
(2 Yes /2 Known /8 Possible features)

Product Performance Dashboards for Product Development

Data Integration & Connectivity
(8 Yes /8 Known /10 Possible features)

KPI and Metrics Tracking
(8 Yes /8 Known /9 Possible features)

Visualization and User Interface
(6 Yes /6 Known /9 Possible features)

Collaboration & Workflow
(7 Yes /7 Known /8 Possible features)

Security & Compliance
(8 Yes /8 Known /8 Possible features)

Alerting & Notification
(5 Yes /5 Known /6 Possible features)

Analytics & Advanced Insights
(7 Yes /7 Known /8 Possible features)

Integration with Insurance Product Lifecycle
(6 Yes /6 Known /6 Possible features)

User Management & Administration
(5 Yes /5 Known /5 Possible features)

Support, Training, & Documentation
(6 Yes /6 Known /7 Possible features)

Facultative Placement Systems for Reinsurance

Submission Management
(4 Yes /5 Known /14 Possible features)

Quote Management
(0 Yes /0 Known /13 Possible features)

Placement Binding & Documentation
(0 Yes /0 Known /11 Possible features)

Workflow & Collaboration
(0 Yes /0 Known /10 Possible features)

Integration & Interoperability
(3 Yes /3 Known /9 Possible features)

Security & Compliance
(3 Yes /3 Known /8 Possible features)

Analytics & Reporting
(2 Yes /2 Known /7 Possible features)

User Experience (UX) & Interface
(4 Yes /4 Known /7 Possible features)

Capacity & Performance
(1 Yes /1 Known /5 Possible features)

Market Connectivity
(0 Yes /0 Known /6 Possible features)

Support & Configuration
(2 Yes /2 Known /7 Possible features)

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Automated Test Suite Includes built-in automated tests to validate rating outcomes.		No information available
Regression Testing Support Ensures new rating rules do not introduce errors into existing logic.		No information available
Scenario Simulation Enables creation and execution of what-if or scenario testing.		No information available
Rate Comparison Tool Compares outputs before and after rule changes for accuracy.		No information available
Approval Gates for Deployment Automated or manual approval required before changes go live.		No information available
Automated Error Reporting Logs and reports errors occurring during calculations.		No information available
Test Data Management Tools for creating, storing, and maintaining test cases and sample data.		No information available
Roll-back Capability Instantly revert rating rules to a previous version if an issue is found.		No information available
Code Coverage Metrics Provides stats on test coverage for custom algorithms.		No information available
Synthetic Data Generation Generate random but realistic datasets for testing.		No information available

Intuitive User Interface User-friendly dashboard for configuring, monitoring, and managing rating logic.		SAS interfaces are recognized for being dashboard-driven and user-friendly, with guided configuration and analytics options.
Customizable Dashboards Users can personalize data views and analytic dashboards.		No information available
Help & Tooltips Contextual help, documentation, and tooltips embedded throughout.		No information available
Guided Workflows Wizard-style screens to support untrained business users.		No information available
Role-based User Access Differentiated access for actuaries, product managers, and IT staff.		No information available
Bulk Editing Tools Easily make changes to multiple products or rules at once.		No information available
In-product Training Modules Learning/training integrated into the product for faster onboarding.		No information available
Search and Filtering Find rules, products, or documentation quickly via search.		No information available
Accessibility Standards Meets standards for accessibility (WCAG, ADA, etc.).		No information available
Mobile-friendly Interface Optimized for use on mobile devices and tablets.		No information available

Data Encryption at Rest All data stored by the system is encrypted and protected from unauthorized access.		SAS maintains industry best practices for encryption at rest for insurance industry data.
Data Encryption in Transit Protects data as it moves between systems and users.		SAS platform uses industry-standard encryption protocols for data in transit.
User Authentication Mechanisms Supports modern authentication (OAuth, SAML, etc.).		No information available
User Activity Monitoring Monitors and logs all user activity in the system.		No information available
Role/Permission-based Access Restricts sensitive configuration actions to approved personnel.		No information available
Regular Vulnerability Scanning Proactively checks for and remediates security weaknesses.		No information available
Multi-factor Authentication (MFA) Requires multi-step authentication for high-privilege actions.		No information available
Security Patch Management Automated or tracked deployment of security updates.		No information available
Data Masking Obscures sensitive data in test or reporting environments.		No information available
Intrusion Detection/Prevention Monitors for unauthorized access attempts in real time.		SAS delivers comprehensive monitoring, including threat detection and prevention for enterprise deployments.

Premium Distribution Analysis Shows how premiums are distributed across insured populations, geography, or other factors.		The analytics suite offers premium distribution, pricing analytics, and data visualization capabilities.
Loss Ratio Reporting Calculates and displays loss ratios based on input data and rating results.		No information available
Trend Analysis Tools Detect trends in rating inputs, outcomes, or business performance.		Trend analysis is a core offering as part of SAS's predictive analysis tooling.
Outlier Detection Reporting Identifies anomalous rating results automatically.		Outlier detection is available as a standard function within SAS analytics/statistical reporting.
Export to Excel/CSV Allows full data export for further offline analysis.		SAS supports comprehensive export for analysis within Excel and CSV as standard features.
Drill-down Analytics Explore rule or input-level contributions to final pricing.		No information available
Custom Report Builder Create bespoke reports tailored to organization needs.		No information available
Scheduled Reports Automate creation and delivery of analytic reports.		No information available
Visualization Tools Graph and visualize rating outputs and trends.		No information available
Integration with BI Tools Pushes data into external BI solutions (e.g., Tableau, Power BI).		Direct integration with BI tools (including SAS Visual Analytics) is a default feature.

Cloud Deployment Option Available as a hosted SaaS or private cloud deployment.		SAS for Insurance can be deployed in cloud (SaaS) and private cloud configurations.
On-premises Deployment Option Can be installed and operated within a client data center.		On-premises deployments are the traditional SAS model and continue to be supported.
Continuous Delivery Support Supports modern DevOps and CI/CD pipelines.		No information available
Zero-downtime Updates Allows release of new features/fixes without interrupting rating service.		No information available
Containerization Support Supports deployment as containers (e.g., Docker, Kubernetes).		No information available
Automated Backups Configurable data backup and restore processes.		No information available
Multi-environment Management Handles development, QA, staging, and production environments.		No information available
Monitoring & Alerting Active system health monitoring and alerts for issues.		No information available
Change Management Controls Integrated change management tools for tracking and approving changes.		No information available

24/7 Technical Support Vendor provides round-the-clock technical support services.		SAS support contracts offer 24/7 enterprise technical support for insured clients.
Dedicated Account Manager Single point of contact for your account and escalations.		No information available
Implementation Consulting Professional services for system setup and go-live.		No information available
Training Services Onsite/remote training for business, IT, and actuaries.		No information available
Online Knowledge Base Extensive documentation, FAQs, and how-to resources.		SAS maintains extensive online documentation, FAQ, and knowledge bases.
Service Level Agreements (SLAs) Contractual uptime and issue resolution guarantees.		No information available
Community Forums Peer-to-peer support and product community interactions.		No information available
Customer Success Program Proactive engagement to help you meet business goals.		No information available

Multi-Source Connectivity Connects to multiple internal and external data sources (e.g., policy admin, claims, CRM, external data services).		SAS for Insurance integrates with multiple core systems such as policy administration and external data sources as part of its typical deployment and marketing material.
Real-Time Data Sync Supports updating data in real-time or near real-time for up-to-date dashboard views.		SAS is known for real-time data sync in its analytics/cloud platforms; literature states SAS' dashboards update in real/near real-time as data changes.
APIs Support Offers robust API access for inbound and outbound data ingestion.		Robust REST and other API support is a standard SAS platform feature; integration guides and documentation confirm this.
Scheduled Data Refresh Automates regular data refreshes at configurable intervals.		SAS scheduling and automation tools allow for scheduled data refresh at user-defined intervals.
Manual Data Upload Allows users to upload and import data files directly into the dashboard.		Manual data upload and import is supported in SAS visual analytics and reporting modules.
Data Model Flexibility Can accommodate varying data models or schemas (custom fields, entity adjustments).		Custom schemas and flexible data models are core features to enable insurance-specific analyses in SAS.
Data Validation Automatically checks and highlights data inconsistencies, missing values, or errors upon ingestion.		Automated data quality, validation, and error reporting supported as part of SAS Data Management.
ETL (Extract, Transform, Load) Automation Automates extraction, transformation, and loading of data for dashboard preparation.		ETL automation is foundational in SAS's platform—extract, transform, load tasks are supported with workflow editors.
Data Volume Handling Maximum data records supported per dashboard update cycle.		No information available
Data Latency Time between data generation and its representation on the dashboard.		No information available

Custom KPI Configuration Ability to define new KPIs tailored to specific product or project needs.		Custom KPI creation and configuration is supported, including calculated fields and custom metrics.
Pre-Built Insurance KPIs Includes a library of commonly used insurance KPIs (loss ratio, claims frequency, policy growth, etc.).		SAS for Insurance provides pre-built insurance KPIs including loss ratio, claims metrics, etc.
Metric Drill-Down Navigate from high-level KPIs into underlying metrics, products, or business segments.		Drill-down from summary KPIs into detailed metrics and sub-groups is a feature of SAS Visual Analytics.
Trend Analysis Visualizes KPIs over time to highlight trends and seasonality.		Trend/seasonality visualizations are part of standard dashboarding and analytics functions.
Target/Benchmark Comparison Compare current performance against predefined targets or historical benchmarks.		Benchmark and target comparison options documented in SAS Visual Analytics for insurance metrics.
Variance Analysis Highlights variances between actual, forecasted, and target KPIs.		Variance analysis between forecast, actual, and targets is a visible capability in insurance dashboard demos.
Real-Time KPI Updates KPIs are updated automatically as soon as data changes.		KPIs automatically update with new data, supporting real-time performance monitoring.
Automated Alerts on KPI Changes Sends notifications when KPIs cross certain thresholds.		Users can set automated alerts on KPI thresholds for monitoring via rules-based system.
KPI Calculation Speed Average computation time to refresh or recalculate KPIs.		No information available

Chart Types Range of visualizations supported (bar, line, pie, heatmaps, waterfall, etc.).		No information available
Interactive Dashboards Users can filter, drill down, and interact with dashboard elements in real time.		Interactive dashboards with filter, highlight, and drill-down are core SAS analytics features.
Customizable Layouts Flexibility in arranging and customizing dashboard views and widgets.		Layouts and dashboard elements are fully customizable in SAS Visual Analytics.
Theming/Branding Options Can apply organization-specific colors, logos, and styles.		Custom organization branding and theming options included in configuration panel.
Mobile Responsiveness Dashboard interfaces adjust for optimal display and use on mobile devices.		Dashboards are designed to be responsive and are accessible on mobile/tablet via browser or SAS app.
Export/Download Visualizations Export charts, dashboards, or data in various formats (PDF, Excel, PNG, etc.).		Export to PDF, Excel, PNG and other formats is available.
Dashboard Load Time Time it takes for a dashboard to become interactive after opening.		No information available
Widget Library Size Number of pre-built widgets or visualization tools available.		No information available
Accessibility Compliance Supports WCAG or similar accessibility standards for diverse user needs.		SAS provides accessibility settings for WCAG compliance.

Commenting/Annotation Users can annotate dashboards, data points, or charts for discussion.		Users can comment and annotate charts in collaborative workflows within the SAS dashboard.
Sharing Controls Granular control over who can share, publish, or distribute dashboards.		Fine-grain sharing and publishing controls are built-in, support for individuals, roles, and groups.
Role-Based Access Set permissions by role or user group (view, edit, admin, etc.).		Role-based access controls configurable for dashboard sharing and editing.
Real-Time Collaborative Editing Multiple users can view and edit dashboards simultaneously.		Collaborative, real-time editing is available in SAS Visual Analytics cloud delivery.
Task Assignment & Workflow Integration Assign tasks related to dashboard insights and link to workflow tools (JIRA, Asana, etc.).		Integration with third-party workflow tools (e.g., JIRA, Microsoft Teams) is possible via connectors/APIs.
Version Control Track changes and revert to previous dashboard versions as needed.		Versioning and undo/restore dashboard versions are offered in the platform.
Insight Sharing Frequency Maximum scheduled dashboard/email share events supported per day.		No information available
User Notification Options Supports multiple modes of user notification (email, in-app, SMS, etc.).		Notification can be in-app, email, SMS—configurable by user.

Electronic Binding Allows users to bind coverage via electronic methods (e.g., e-signature, e-approval).		No information available
Automated Binding Documentation Generation Automatically creates contract wordings, slips, cover notes, and certificates post-bind.		No information available
Digital Archive of Bound Placements Stores bound documents securely and allows easy retrieval.		No information available
Binding Capacity Validation Checks aggregate limits, treaty overlaps, and placement constraints at binding.		No information available
Automated Confirmation to Reinsurers Sends confirmation notices to all parties upon completion of placement.		No information available
Wordings Library Provides access to a library of standard and custom clauses and contract wordings.		No information available
Endorsement Management Facilitates creation, issuance, and versioning of endorsements post-bind.		No information available
Audit Log for Bind Events Records all binding actions and document accesses for auditability.		No information available
Multi-party Binding Support Accommodates placement with multiple reinsurers (lead/follow market structure).		No information available
Market-standard Output Formats Generates outputs compatible with market requirements (PDF, ACORD, e-slips, etc.).		No information available
Policy Wordings Compliance Check Ensures generated contract documents comply with regulations and market standards.		No information available

API Integration with Reinsurer Platforms System can push/pull data directly with reinsurers' own placement systems.		No information available
Direct Link to Market Exchanges Connection to recognized (re)insurance placement platforms (e.g., PPL, Whitespace, Ruschlikon).		No information available
Message-based Communication Support Compatible with ACORD, Ebix, or other industry standard messaging.		No information available
E-broking Integration Works with broking tools for digital broking workflows.		No information available
Automated Market Notifications Sends and receives structured notifications (invitations, confirmations, endorsements).		No information available
Sanctions & KYC API Accessibility Checks sanctioned entities and performs KYC through third-party API connection.		No information available

Data Encryption at Rest Data stored within the system is encrypted for security.		Encryption at rest is standard in SAS managed cloud and supported on-premise.
Data Encryption in Transit Data is encrypted during transmission between systems or users.		Standard industry encryption used in transit (TLS 1.2+), per SAS security documentation.
Audit Logging All user access and changes are logged for review and audit.		Audit logs of all user activity are maintained and accessible to admins.
Single Sign-On (SSO) Support Supports secure, centralized authentication via SSO.		SSO with SAML, OAuth, and other technologies is widely supported.
Multi-Factor Authentication Requires more than one method to authenticate user access.		Multi-factor authentication supported via integration with standard enterprise IdPs.
GDPR/Data Privacy Tools Supports data subject requests and other privacy obligations.		SAS offers GDPR/data privacy compliance tools and documentation for subject requests.
Role-Based Security Policies Policies can be tailored to different user types and roles.		Role-based security policy configuration is supported.
Regulatory Compliance Certifications Holds recognized certifications (SOC 2, ISO 27001, etc.).		SAS holds regular certifications (SOC 2, ISO 27001, etc.), as shown on its security portal.

Threshold-Based Alerts Users can set thresholds on KPIs to trigger notifications.		Threshold-based KPI alerts can be defined as part of notifications/alerts.
Frequency of Notification Frequency at which the system can send notifications for events or alerts.		No information available
Multi-Channel Notification Delivery of alerts via multiple channels (email, SMS, push, in-app).		Multi-channel notifications available (email, in-app, SMS, push).
Alert Customization Users can define severity, channel, and format of notification.		Severity, recipient/channel, and alert formats can be customized.
Summary Digest Emails Option to receive summarised reports on performance periodically.		Summary digest reporting available; users can subscribe to regular performance summary emails.
Escalation Protocols Unresolved alerts can be escalated and re-assigned automatically.		Escalation chains/workflows for unresolved alerts are supported via workflow/integration modules.

Statistical Analysis Tools Built-in options for statistical evaluation (correlations, distributions, significance tests, etc.).		SAS offers built-in statistical tools: distributions, correlations, t-tests, regressions, etc.
Predictive Analytics Integration Can include or connect to predictive models for forecasting performance.		Predictive analytics is a marquee capability, as highlighted in core documentation and web materials.
Segmentation Analysis Supports analysis by customer cohort, product line, or other segments.		Segmentation (e.g., by portfolio, agent, product, cohort) is a standard option in analysis modules.
Historical Data Archiving Archives historical data for longitudinal analysis.		Longitudinal/historical archiving supported for trend tracking and year-on-year analysis.
Anomaly Detection Automatically surfaces outliers or unexpected patterns.		SAS anomaly detection modules highlight outliers and exceptions.
Scenario/What-If Analysis Test the impact of changing variables on key metrics.		What-if/scenario modeling tools are highlighted in product brochure for insurance.
Advanced Filtering Capabilities Complex slicing and dicing of data for granular views.		SAS visual analytics allows advanced filtering and custom edit of dashboard views.
Time to Insight Average time from query/action to answer/insight surfaced.		No information available

Project Management Integration Connects with project management tools to feed insights into agile cycles.		SAS offers integrations with agile/project management tools including JIRA.
Product Version Tracking Links performance data to specific product releases/versions.		Product versioning and release-data linkage features are available.
A/B Testing Support Handles side-by-side comparisons of product variants in real time.		SAS A/B analysis is supported through comparison/variant modules.
Feature Impact Analysis Determines how individual product features affect performance KPIs.		Feature impact analysis tools provided (e.g. decision trees, regression analysis linking rating factors to outcomes).
Change Log Visualization Timeline tracking of key product changes and their outcomes.		Timeline visualizations for product changes exist (change log visualization available).
Feedback Loop Integration Links user or broker feedback directly to dashboard metrics.		User feedback can be linked by API or manual entry to dashboard metrics.

User Provisioning & Deprovisioning Automated user account creation/removal via central directory or manually.		Automated and manual user provisioning/deprovisioning is a product admin feature.
User Audit Reporting Periodic reporting of user activity for compliance.		Scheduled/periodic audit report generation supported for compliance.
Bulk User Upload Ability to onboard large groups of users at once.		Bulk user upload/import is available for enterprise deployments.
License Usage Analytics Tracks assigned vs. used licenses and access patterns.		License usage and access analytics available to admins.
Custom Role Definitions Set up custom roles with tailored permissions.		Custom role and permission definition is supported.

User Onboarding Flow Guided onboarding tours and tutorials for new users.		Guided onboarding is included for new users in SAS Visual Analytics.
Context-Sensitive Help In-app help that adjusts to context or screen.		Context-sensitive/in-app help is enabled throughout the interface.
24/7 Customer Support Access to vendor support at all times.		SAS offers 24/7 customer support options for enterprise clients.
Community Forum/Knowledge Base Searchable resource for best practices, FAQs.		A robust, public community knowledge base and forum are offered at communities.sas.com.
Documentation Completeness Level of detail in documentation provided.		No information available
Training Materials Available Provision of videos, webinars, and other learning resources.		Training resources abound: videos, webinars, guided training for insurance analytics.
Onsite Training Option Option for live, instructor-led training at customer location.		Onsite/in-person training is available for enterprise deployments as a SAS Professional Services offering.

Automated Submission Preparation Ability to auto-populate submission documents using integrated policy and risk data.		Not as far as we are aware.* No public documentation suggests SAS for Insurance can auto-populate submission documents specifically in a facultative placement workflow.
Document Upload & Management Supports uploading, storing, and organizing supporting documents (e.g., risk engineering reports, schedules).		SAS for Insurance provides enterprise document management capabilities as part of its risk and analytics solutions, aligning with uploading, storing, and organizing supporting documents.
Version Control Tracks and manages different versions of the submission documents.		No information available
Submission Tracking Monitors the status and progression of submissions across reinsurers.		No information available
Pre-submission Validation Checks for completeness and accuracy before submission to reinsurers.		No information available
Batch Submission Handling Ability to manage and submit multiple facultative risks simultaneously.		No information available
Integration with Core Insurance Systems Connects to policy administration and underwriting systems for data extraction.		SAS for Insurance is marketed as integrating seamlessly with core insurance systems, supporting the extraction and use of data from policy administration and underwriting platforms.
Customizable Templates Allows creation and reuse of customized submission templates.		No information available
Automated Email Notifications System triggers notifications on status updates or actions required.		No information available
Submission Turnaround Time Average time taken from creation to successful dispatch of submission.		No information available
Multi-language Support Ability to produce submissions in different languages.		SAS offers multi-language support for its analytics suite, which extends to insurance solutions; this enables reporting and documentation in multiple languages.
Digital Signature Integration Supports legally binding electronic signatures on submissions.		No information available
Audit Trail for Submission Maintains a detailed record of who made what changes and when.		No information available
Data Privacy & Encryption for Submissions Ensures confidentiality via secure transmission and storage.		Data privacy and encryption are core claims for SAS platforms, which are frequently adopted by highly regulated industries such as insurance.

Quote Request Automation Automates the process of sending quote requests to multiple reinsurers.		No information available
Real-time Quote Tracking Displays current status and responses from reinsurers in real time.		No information available
Quote Comparison Tools Provides side-by-side comparison of financial terms, conditions, and exclusions from various reinsurers.		No information available
Negotiation Tracking Tracks negotiation history and provides a record of changes to quoted terms.		No information available
Automated Acceptance & Decline Allows users to auto-accept or decline quotes based on set criteria.		No information available
Quote Versioning Maintains multiple versions of received quotes for the same risk.		No information available
Communication History Stores all correspondence with reinsurers regarding quotations.		No information available
Customizable Quote Evaluation Scoring Automated scoring of quotes based on configurable rules.		No information available
Quote Turnaround Time Average time from quote request to receipt of response.		No information available
Conflict Detection Alerts users to conflicting terms or capacity constraints.		No information available
Integration with Market Platforms/Exchanges Direct connection to market-facing portals (e.g., Lloyd's PPL, Whitespace).		No information available
Regulatory Compliance for Quotes Checks that all quotes conform to relevant regulatory and market standards.		No information available
Bulk Quote Handling Manages multiple quotes for portfolios or groups of risks.		No information available

Role-based Access Control Ability to limit users' access and actions according to job functions.		No information available
Task Assignment & Tracking Assigns responsibilities and tracks progress across the team.		No information available
Customizable Workflows Configure process stages, approvals, and notifications based on business rules.		No information available
Real-time Collaboration Tools In-system chat, notes, shared editing, and notifications for teams.		No information available
Automated Reminders & Escalations System triggers alerts for deadlines and overdue tasks.		No information available
Workflow Duration Tracking Captures time taken at each workflow stage for optimization.		No information available
Approval Matrix Defines who can approve actions at each workflow stage.		No information available
Auditability of Workflow Actions Full traceability on all actions and decisions made during the placement process.		No information available
Commenting & Tagging Add comments and tag teammates for specific review or action.		No information available
Mobile Workflow Support Access and act on workflow items from mobile devices.		No information available

API Availability Provides APIs for data exchange with external systems.		SAS for Insurance exposes APIs for integration with external systems, a standard for enterprise deployments.
Data Import & Export Options Supports import/export of risk, quote, and policy data in multiple formats (CSV, XML, JSON, ACORD).		SAS's import/export tools allow risk, quote, and policy data handling in formats like CSV, XML, and JSON.
Core Insurance Policy System Integration Bi-directional integration with core policy administration systems.		SAS for Insurance provides bi-directional integration options for policy administration and core systems; documentation and integration guides confirm this.
Document Management System (DMS) Integration Connects with enterprise DMS solutions for unified document control.		No information available
Single Sign-On (SSO) Support Allows access control through enterprise sign-on protocols.		No information available
Pre-built Market Platform Connectivity Has connectors for global reinsurance platforms and electronic markets.		No information available
Notification Service Integration Connects with email/SMS/Messaging systems for automated notifications.		No information available
Business Intelligence Tool Integration Supports plug-ins for analytics and reporting platforms.		No information available
Custom Connector Capability Ability to build custom data connectors for non-standard systems.		No information available

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Financial Technology Year

SAS for Insurance from SAS

Product analysis by function

Rating Engines for Policy Administration

Core Rating Logic (3 Yes /3 Known /15 Possible features)

Integration Capabilities (4 Yes /4 Known /14 Possible features)

Configurability & Flexibility (0 Yes /0 Known /12 Possible features)

Performance & Scalability (0 Yes /0 Known /11 Possible features)

Compliance & Regulatory Support (0 Yes /0 Known /11 Possible features)

Test and Quality Assurance (0 Yes /0 Known /10 Possible features)

User Experience & Usability (1 Yes /1 Known /10 Possible features)

Security & Data Protection (3 Yes /3 Known /10 Possible features)

Analytics & Reporting (5 Yes /5 Known /10 Possible features)

Deployment & Operations (2 Yes /2 Known /9 Possible features)

Support & Vendor Services (2 Yes /2 Known /8 Possible features)

Product Performance Dashboards for Product Development

Data Integration & Connectivity (8 Yes /8 Known /10 Possible features)

KPI and Metrics Tracking (8 Yes /8 Known /9 Possible features)

Visualization and User Interface (6 Yes /6 Known /9 Possible features)

Collaboration & Workflow (7 Yes /7 Known /8 Possible features)

Security & Compliance (8 Yes /8 Known /8 Possible features)

Alerting & Notification (5 Yes /5 Known /6 Possible features)

Analytics & Advanced Insights (7 Yes /7 Known /8 Possible features)

Integration with Insurance Product Lifecycle (6 Yes /6 Known /6 Possible features)

User Management & Administration (5 Yes /5 Known /5 Possible features)

Support, Training, & Documentation (6 Yes /6 Known /7 Possible features)

Facultative Placement Systems for Reinsurance

Submission Management (4 Yes /5 Known /14 Possible features)

Quote Management (0 Yes /0 Known /13 Possible features)

Placement Binding & Documentation (0 Yes /0 Known /11 Possible features)

Workflow & Collaboration (0 Yes /0 Known /10 Possible features)

Integration & Interoperability (3 Yes /3 Known /9 Possible features)

Security & Compliance (3 Yes /3 Known /8 Possible features)

Analytics & Reporting (2 Yes /2 Known /7 Possible features)

User Experience (UX) & Interface (4 Yes /4 Known /7 Possible features)

Capacity & Performance (1 Yes /1 Known /5 Possible features)

Market Connectivity (0 Yes /0 Known /6 Possible features)

Support & Configuration (2 Yes /2 Known /7 Possible features)

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Core Rating Logic
(3 Yes /3 Known /15 Possible features)

Integration Capabilities
(4 Yes /4 Known /14 Possible features)

Configurability & Flexibility
(0 Yes /0 Known /12 Possible features)

Performance & Scalability
(0 Yes /0 Known /11 Possible features)

Compliance & Regulatory Support
(0 Yes /0 Known /11 Possible features)

Test and Quality Assurance
(0 Yes /0 Known /10 Possible features)

User Experience & Usability
(1 Yes /1 Known /10 Possible features)

Security & Data Protection
(3 Yes /3 Known /10 Possible features)

Analytics & Reporting
(5 Yes /5 Known /10 Possible features)

Deployment & Operations
(2 Yes /2 Known /9 Possible features)

Support & Vendor Services
(2 Yes /2 Known /8 Possible features)

Data Integration & Connectivity
(8 Yes /8 Known /10 Possible features)

KPI and Metrics Tracking
(8 Yes /8 Known /9 Possible features)

Visualization and User Interface
(6 Yes /6 Known /9 Possible features)

Collaboration & Workflow
(7 Yes /7 Known /8 Possible features)

Security & Compliance
(8 Yes /8 Known /8 Possible features)

Alerting & Notification
(5 Yes /5 Known /6 Possible features)

Analytics & Advanced Insights
(7 Yes /7 Known /8 Possible features)

Integration with Insurance Product Lifecycle
(6 Yes /6 Known /6 Possible features)

User Management & Administration
(5 Yes /5 Known /5 Possible features)

Support, Training, & Documentation
(6 Yes /6 Known /7 Possible features)

Submission Management
(4 Yes /5 Known /14 Possible features)

Quote Management
(0 Yes /0 Known /13 Possible features)

Placement Binding & Documentation
(0 Yes /0 Known /11 Possible features)

Workflow & Collaboration
(0 Yes /0 Known /10 Possible features)

Integration & Interoperability
(3 Yes /3 Known /9 Possible features)

Security & Compliance
(3 Yes /3 Known /8 Possible features)

Analytics & Reporting
(2 Yes /2 Known /7 Possible features)

User Experience (UX) & Interface
(4 Yes /4 Known /7 Possible features)

Capacity & Performance
(1 Yes /1 Known /5 Possible features)

Market Connectivity
(0 Yes /0 Known /6 Possible features)

Support & Configuration
(2 Yes /2 Known /7 Possible features)

Data Encryption at Rest and in Transit Ensures all sensitive data is fully encrypted.		SAS platforms are certified as offering encryption both at rest and in transit, satisfying the security needs of large insurers.
Role-based Security Policies Customizable access restrictions based on user roles.		No information available
Multi-factor Authentication Supports multi-factor authentication for user access.		Multi-factor authentication is commonly supported on the SAS Viya cloud platform, which underpins SAS for Insurance deployments.
Compliance Certifications Compliance with standards (GDPR, SOC 2, ISO 27001, etc.).		SAS maintains industry certifications including ISO 27001 and supports regulatory requirements (i.e., GDPR compliance), as stated on product security pages.
Secure Audit Logs Immutable logs for all system and data access events.		No information available
Automatic Session Timeout Terminates sessions after periods of inactivity.		No information available
IP Whitelisting & Blacklisting Controls system access based on allowed/restricted IP addresses.		No information available
Data Retention Policy Controls Configurable data retention and purging to comply with internal and regulatory rules.		No information available

Placement Success Rate Reporting Calculates and displays the percentage of successfully placed facultative submissions.		No information available
Market Intelligence Dashboards Visualizations and metrics on reinsurer participation, pricing, and response times.		Market intelligence dashboards are a key feature of SAS's analytics solutions, giving insight into reinsurer participation, pricing, and KPIs.
Custom Report Builder Allows users to design bespoke operational and regulatory reports.		No information available
Drill-down Risk Analytics Enables granular analysis by account, territory, class of business, etc.		No information available
Exportable Reports Reports can be exported in various formats (Excel, PDF, CSV).		SAS Visual Analytics allows exporting reports to Excel, PDF, and other formats.
Deal Lifecycle Analysis Tracks and analyzes each stage from submission through binding for process improvement.		No information available
Regulatory & Compliance Reporting Pre-built reports for regulatory authorities or management.		No information available

Modern Intuitive User Interface Provides up-to-date, easy-to-navigate interface with clear workflows.		SAS for Insurance features a modern, intuitive UI, leveraging SAS Visual Analytics for user interaction.
Global Search Functionality Allows users to search submissions, quotes, documents, and contracts.		No information available
Customizable Dashboard Lets users personalize their start and summary screens.		Dashboard customization is promoted as a differentiator of SAS analytics platforms.
Accessibility Compliance Meets accessibility requirements (WCAG 2.1, ADA, etc.).		No information available
Multi-language and Localization Support UI supports multiple languages and regional formats.		SAS for Insurance supports localization and UI multi-language support based on user and region.
Mobile Responsiveness Optimized for use on tablets and smartphones.		The SAS Visual Analytics UI is responsive across device types, including tablets and smartphones.
Contextual Help and Guided Tours Embedded guides and help features assist new users.		No information available

Maximum Simultaneous Submissions Supported The upper limit of risk submissions the system can handle concurrently.		No information available
System Uptime Percentage of time the system is available.		No information available
Average Page Load Speed System response speed for end users.		No information available
Batch Processing Capability Supports bulk uploads, submissions, and document generation.		Batch upload, bulk analytics, and automations are extensively featured in product literature and documentation.
Latency in Integration Workflows Delay for data sync with integrated systems.		No information available

Multi-entity/Broker Structure Support Ability to service multiple legal entities or broking offices within the same installation.		No information available
Configurable Business Rules Allows users to set their own business logic for routing, approvals, and data validation.		No information available
User Support Resources Self-serve knowledgebase, user manuals, and FAQs provided.		SAS support resources include an extensive knowledge base, documentation, and how-to guides for insurance users.
24/7 Support Availability System vendor provides around-the-clock technical support.		No information available
Release Management & Upgrades Regular, seamless updates and upgrades with minimal user disruption.		No information available
Sandbox/Test Environment Sandboxes for user testing new features and workflows.		SAS Viya environments support sandboxed and test deployments for insurance clients.
Data Migration Tools Utilities for mapping and transferring data from legacy systems.		No information available