The Application Of Rule Engine In Vehicle Insurance Underwrite Management

With the complicated market environment, the diversified customer demands and the intensifying competition between enterprises, the insurance companies adjusted their management measures, and applied differential management in different regions, which brought out new insurance products and expanded new underwrite. In order to adapt to the competition, insurance companies poses higher requirement on the adaptability and flexibility of the business system. However, the original business system with a great amount of business logic codes under cover is hard to update and maintain frequently, which could cause high resource cost and time to make any amendment on business rules which further leads to the incapability for the insurance company to adapt to the changing market. Under such kind of circumstance, the rule engine turns up, well solving this contradiction.As one of the main branches of the expert system, the rule engine is a component capsulated in the application program. It can separate business logic from codes, and turn it into simple business rules which is saved in the business rule library in the form of natural language. The engine will process the complicated logic between business rules to help make business decisions.This paper elaborates the application of rule engine of a middle-sized insurance company in the vehicle insurance underwrite management system. Through analysis and summarization on the new system, the rule engine technology and rule configuration was applied in the underwrite process to face the rapid change of the market. Through this upgrade, the management of the company was improved. A standardized meticulous and differentiated management was built up.The first chapter describes the background, significance and structure of this research in general. The second chapter briefly introduces the definition, principle, operation method and algorithm of the rule engine as well as the development history, advantage and serviceable range.The third chapter poses a concrete goal through analyzing the development background of the underwrite management system, including industry background business background and system background.The forth chapter elaborates the design theory and application of the underwrite management system, including defining business object model, constructing business rule repository framework, interface with original system and system management module.The fifth chapter summarized the advantage of the new vehicle insurance undertake system based on the rule engine in promoting the ability to quickly adapt to market changes, reducing non-system risk, saving operation cost, relieving the conflicts between business and IT and increasing the stability of the system. All the advantages above finally proves that introducing rule engine can tackle the obstacles faced by insurance companies.The sixth chapter is a summarization of this paper...