AI Insurance Integrates Coherent Spark to Turn Rating Spreadsheets into Live Pricing
AI Insurance Staff
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Every MGA and program leader knows the pain of rating engines that take forever to stand up and even longer to change. Spreadsheets hold the pricing logic, but getting that logic into production often means months of custom dev, test cycles, and rework. By the time it’s live, the market has changed.
Today we’re proud to announce a partnership with Coherent that flips that script. With this integration, you can now convert spreadsheet rating models into an actual engine that AI Insurance can ingest and use to power quoting in weeks, not months.
From spreadsheet to a live pricing engine
Through this integration, we’ve created a seamless pipeline from your team’s spreadsheet to a live, production-ready rating engine.
Coherent Spark converts your Excel logic, including all rates, factors, taxes, fees, credits, and debits, into a governed API service. AI Insurance then connects that service directly to our underwriting workbench and policy issuance flows, transforming a manual process into a powerful, automated one.
From year-long builds to four-week launches
With Coherent, we've reduced a process that used to take months of manual coding and back-and-forth into just four weeks. This means you can launch new programs faster, adapt to market changes in minutes, and make updates to your factors, taxes, fees, and credits with ease.
By moving your rating engine from a cumbersome, code-heavy process to a streamlined, automated workflow, you get a powerful, flexible, and accurate pricing tool without the legacy headaches.
About Coherent: Coherent is the global leader in enterprise spreadsheet automation and intelligence, empowering over 100 world-class financial services firms, including Tier 1 insurers, wholesale brokers, asset managers, pension funds, and banking institutions. Headquartered in North America with a presence across Asia Pacific and Europe, Coherent is led by a seasoned executive team and backed by world-class investors. Learn more at: https://www.coherent.global.
About AI Insurance: AI Insurance is an all-in-one, cloud platform for commercial and specialty insurance programs. It replaces the patchwork of inboxes, spreadsheets, and legacy core systems with one place to run the full lifecycle: submission intake, underwriting, policy issuance, billing, claims, and reporting. With built-in AI that actually does the admin work, insurance teams can move faster, work smarter, and unlock new growth opportunities.
