Sum insured banding, catastrophe zone factors, and rebuild indexation.
Residential homes, landlord portfolios, commercial premises, and body corporate schemes. InsureOS handles complex location-based rating, statutory levies, and broker distribution on an auditable calculation platform.
Purpose-built for property portfolios. Integrated with your policy core.
01
Location and hazard rating
Rate properties against territorial authorities, flood risk overlays, seismic zones, and construction materials with sub-second lookup tables.
02
Statutory levy and tax calculations
Calculate regional fire service levies, broker commissions, and GST within the auditable calculation engine.
03
Underwriting referral controls
Flag high sum-insured buildings, heritage structures, unreinforced masonry, or flood-prone locations for manual review before bind.
Precision rating for residential and commercial structures
Property underwriting balances structural characteristics against geographical hazards. A modern reinforced-concrete warehouse in Christchurch requires fundamentally different rating logic from a multi-unit residential property in Wellington. Our automatic rating engine computes complex rate cards without manual spreadsheet conversions or custom database code.
Through flexible underwriting schemas, you can define sum-insured bandings, apply regional catastrophe loadings, and incorporate construction-type multipliers. Policy documents, including certificates of currency and schedules of cover, generate immediately using our automated document generation pipelines once terms are agreed.
Catastrophe & Peril Overlays
Match postal codes or regional territorial authorities against seismic hazard tiers, coastal inundation zones, and bushfire exposure matrices to calculate accurate risk premiums.
Construction & Occupancy
Differentiate timber framing, tilt-slab concrete, EPS panels, and historic brickwork. Adjust rates based on tenant occupancy profiles, industrial processes, and fire sprinkler systems.
Rebuild Indexation
Combat sum-insured underinsurance at annual policy renewal by automatically applying your building cost index factors, presenting updated renewal schedules to property owners.
Launch a property insurance product in four steps
From sum insured bands to broker portals, here is how property products take shape on InsureOS.
01
Upload property rating matrices and hazard zoning rules
Establish your property product inside the central console. Define sum-insured bandings, floor area multipliers, construction materials, and regional postal code tables. Configure underwriter referral rules for heritage buildings, flood-prone lowlands, or replacement costs above your treaty authorization limits.
Sum insured banding with step rates and linear interpolation
Postcode and territorial lookup tables for seismic and flood hazard tiers
Construction material multipliers covering timber, concrete, and EPS
Occupancy classifications for owner-occupied, rental, and commercial use
Custom deductible options for natural disaster and standard property losses
02
Validate statutory levies, broker fees, and tax calculations
Audit every formula stage in the quote trace. Verify that statutory charges such as Fire and Emergency NZ (FENZ) levies, broker commission percentages, and GST compute precisely across various building types. Check our transparent platform pricing to evaluate infrastructure costs against quote volume.
Audit traces showing intermediate building rate components
Accurate statutory fire service levy calculations on structural sum insured
Flexible commission tiering for network brokers and wholesale partners
Testing isolated environments with dedicated sandbox API keys
03
Deploy responsive quote portals for brokers and landlords
Deliver clean quote flows to residential mortgage brokers, commercial advisers, and property aggregators. Present simplified question flows for residential dwellings and detailed technical schedules for multi-tenancy commercial warehouses.
Embeddable quote forms matching partner design systems
Channel-specific question flows based on asset category
Multi-location schedule capture for commercial property schedules
Secure digital quote delivery via branded direct links
04
Bind cover, issue certificates, and sync back-office ledgers
Process premium collections via credit card, direct debit, or premium funding. Generate formal Certificates of Currency for lending institutions, deliver policy schedules to clients, and dispatch transactional webhooks to your back-office policy ledger.
Instant Certificate of Currency creation specifying interested lenders
Integrated payment collection through Windcave and premium finance providers
Effective-dated rating updates with preserved quote audit logs
Structured policy handoff into JAVLN, eGlobal, or custom databases
Frequently asked questions about property insurance
What is a property insurance platform for MGAs?
A property insurance platform is the system holding your residential, commercial, and landlord insurance products, risk tables, quoting mechanisms, and renewal schedules in one location. InsureOS coordinates sum insured calculations, catastrophe peril zones, statutory levies, and policy ledger synchronisation.
How does the platform handle sum insured and rebuild cost?
Sum insured banding evaluates within the calculation engine with configurable interpolation between brackets. Underwriters can set inflation and construction index factors that suggest updated rebuild values at annual renewal, helping protect policyholders from underinsurance.
Does InsureOS support seismic, flood, and regional hazard factors?
Yes. Postcode and regional boundary tables are standard lookups within the rating engine. They feed directly into base rates rather than running as post-process manual adjustments, ensuring reinsurance loadings and peril factors apply consistently.
How are statutory fire service levies and taxes calculated?
Statutory levies are defined as discrete formula steps in your product logic. The engine calculates statutory levies based on property sum insured and asset class, adds broker margins or administrative fees, and calculates GST with full line-item visibility on invoices.
Can different question sets be displayed for residential versus commercial risks?
Yes. You can publish distinct quote flows configured for specific distribution channels while drawing from a single property rating core. A homeowner sees an uncluttered four-step questionnaire, whereas a commercial broker completes detailed questions covering EPS cladding, alarm certifications, and business interruption.
Does the system issue instant Certificates of Currency for banks and lenders?
Yes. Upon payment confirmation or finance approval, the document generation engine issues a formal Certificate of Currency recording interested parties and mortgage details, emailing the PDF to the broker, property owner, and lender instantly.