Excel to API

Transform existing Rater-Excels into API-ready insurance
products with out-of-the-box agent and underwriter portals.

Get in touch

Excel to API

Transform existing Rater-Excels into API-ready insurance
products with out-of-the-box agent and underwriter portals.

Get in touch

Spreadsheet to GTM

Create Product APIs from Rater-Excels

Convert business and premium computation logic present in Rater-Excels into APIs that integrate with existing
systems to avoid recreation of logic across multiple systems.

Rapid Launch

Quickly create product APIs and
distribution portals using
existing Rater-Excels.

Integration APIs

Build an API layer for existing
systems to externalize rating
logic and enable connectivity.

Version Management

Update rating logic by uploading
revised Rater-Excel with all
versions linked to issued
policies.

Digital Distribution

Product APIs for distribution
partners and embedded
journeys to maintaining a single
source of truth for rating logic.

Rapid Launch

Create and Launch Insurance
Products, Fast

Overcome the challenge of knowledge transfer between
multiple teams for product development by leveraging the
underwriting team’s proficiency in developing logic in Excel.

Accelerated speed to market

Bring products to market and new channels quickly without spending resources on
recreating and maintaining business logic across systems.

Align Business and IT Teams

Business teams can focus on product management with familiar tools, while IT
teams extend these products to partners with APIs.

Utilize existing resources

Excel’s low learning curve makes it easier for underwriting/business teams to
control the product development and iteration process.

Product Management

Bridge Business and IT Collaboration

Bring together underwriting expertise and IT teams for shortened development timelines.

Quote-to-bind API

REST APIs via JSON, HTML Form
Generation, Javascript, Swagger
API Documentation are available
as output for IT teams.

300+ Excel formulae

Business teams can leverage
over 300 Excel formulae to set
up insurance products.

Rate Impact Testing

Create test cases to validate
logic, analyze rate impacts, and
optimize calculations across versions.

Form Generation

Use existing form template in
Word Documents to generate
forms without any programming.

Frequently Asked
Questions

Questions you might ask about our products and
services.

How does Insillion utilize existing Rater-Excels to create insurance products?

Insillion uses insurers’ existing Rater-Excel to simplify product creation. The platform uses Excel  files as the source for rating logic and rate tables. Inputs and outputs are named within the file, allowing mapping through Insillion. This setup lets business users manage rating and rule configurations without any coding.

Insillion converts Excel-based rating models into ready-to-use APIs without coding, allowing insurers to launch products in days. Traditional implementations often involve lengthy build cycles, handoffs between business and IT, and constant back-and-forth for changes. With Insillion, underwriters retain ownership of the rating logic in Excel, while IT teams integrate via the generated APIs. These APIs, along with ready-to-use portals, cut long implementation cycles and enable faster distribution.

Insillion’s Excel-to-API converter maintains a single source of truth by converting the business and premium computation logic from Rater-Excels into centralized, versioned APIs. Once uploaded and integrated, all frontend and backend systems access rating results through the same API. This eliminates the need to recreate logic across multiple systems and ensures consistent rating outcomes.

Underwriters are comfortable developing premium logic in Excel and the transfer of knowledge to other teams can often be a challenge, since there are frequent changes from different stakeholders. The time and efforts spent in developing and re-developing the products can cause a ROI burn when the cost of launching the product is greater than the ROI gained from launching the product itself. Hence, Insillion helps carriers and MGAs overcome development costs by utilizing existing Rater-Excels to launch products.

Platforms suited for automating insurance rating engines from Excel are those with Excel-to-API capabilities, such as Insillion. These platforms convert the rating logic within an Excel file into scalable APIs that can be consumed by internal and partner systems. By automating this conversion, insurance providers can speed up product creation and avoid the difficulties of writing complex code for insurance products.