Insurance Company Improves Time-to-Market With Enhanced Rating Engine

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Executive Summary

For nearly 75 years, Grange Insurance has offered competitive products and services to policyholders in more than a dozen U.S. states. To maintain its well-earned reputation and standing, the company decided to enhance its rating engine - a software tool for rating policies and performing what-if modeling, impact analyses, and other vital activities. Working with the Sophic Group and using the Microsoft Visual Studio Team System development environment and Microsoft Visual F# programming language, Grange Insurance parallelized its rating engine to take better advantage of multicore server hardware, and in so doing garnered significant performance benefits.

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