Examples

Example pricing models

Twelve complete rating models across personal and commercial lines. Each page explains the line of business and the rating method, walks through every step of the model and ends with a worked calculation from the Ptally rating engine.

Default models in Ptally. Every example here can be selected as the starting model for a new project in Ptally, so you can begin from a working, tested model and adapt it to your own rates and rules.

Personal lines

Commercial lines

Commercial linesBusiness owner's policy (BOP)A multi-location small business package rating property and liability per location.6 inputs · 9 steps · 6 tests · uses modulesCommercial linesCommercial propertyA single-location fire and allied perils model using construction class, protection class and sprinklers.9 inputs · 13 steps · 6 testsCommercial linesCommercial general liabilityA class and exposure rated CGL model with increased limit factors and a claims load.8 inputs · 11 steps · 6 testsCommercial linesWorkers' compensationA per-class-code workers' compensation model with a state load and experience modification.6 inputs · 8 steps · 6 tests · uses modulesCommercial linesCommercial auto fleetA fleet model rating each vehicle, then applying state, claim-free experience and safety programme factors.7 inputs · 10 steps · 6 tests · uses modulesCommercial linesManagement liability (D&O and cyber)A combined directors and officers and cyber model rated by revenue band, industry and limit.8 inputs · 11 steps · 6 testsCommercial linesInland marineA coverage-type rated inland marine model for contractors' equipment, fine art and cargo.8 inputs · 10 steps · 6 testsCommercial linesCommercial earthquakeA standalone catastrophe model rating building value by hazard band, construction and deductible.8 inputs · 10 steps · 6 testsCommercial linesEquipment breakdownA boiler and machinery model rated by equipment type, occupancy, age and inspection status.8 inputs · 11 steps · 6 tests