Solutions
Insurance Quotation Engine
The quotation engine is the front door to sales. Ontech's engine holds each product's rating logic centrally, so quotes are instant, consistent across every channel, and flow straight into policy issue on acceptance and payment.
Definition. A quotation engine calculates an insurance premium for a given risk and cover using the product's rating rules, producing an instant, consistent quote.
How rating works
Each product defines the risk factors and rating logic that determine price. When a quote is requested — from the portal, app, USSD or an agent — the engine applies that logic and returns a premium, identically across every channel.
Capabilities
- Configurable rating per product and line
- Instant, consistent quotes across all channels
- Multi-channel: web, app, USSD, agent, API
- Straight-through to policy issue on payment
Business benefits
- Instant, consistent quoting everywhere
- Faster quote-to-issue conversion
- One place to maintain rating logic
Frequently asked questions
What is an insurance quotation engine?
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See the platform on your data
Talk to the Ontech team about deploying the Enterprise Insurance Operating System for your business in Zambia.
Last reviewed: 2026-07-29