AAIS lines of business
Rate the AAIS Commercial Output Program as one program
Property, income, equipment breakdown, spoilage and crime rate together on one submission, on the AAIS filed methodology, in every state the program is written. Your carrier values sit on top. The state differences sit underneath.
Watch the demonstration
The AAIS Commercial Output Program is a broad commercial program, not a monoline property product. This demonstration creates an MGA program from the AAIS Standard Program, configures company-specific rating factors, eligibility and referral handling, tests commercial property and crime rating, publishes the program, compares Standard and MGA results, creates and binds a policy, calls the Rating API, configures SelectDocs and endorsements, and generates a 73-page policy document package.
13 minutes 6 seconds · Chapters and the other demonstrations
What Commercial Output Program covers
The Commercial Output Program is the AAIS answer to a question most commercial accounts raise: the risk needs property cover, it needs the income that stops when the property stops, and it needs a few coverages that would otherwise be bought as separate policies. COP writes them as one program on one form set.
For an MGA or a program carrier, that changes the shape of the work. Instead of a property quote, a crime quote and an income endorsement rated in three places and added up by hand, the account is one submission with one premium and one worksheet behind it. SelectRate rates all of it on the filed AAIS methodology.
One program instead of three quotes
Most commercial output accounts are assembled today rather than rated. Property is quoted in one place, crime is quoted somewhere else, business income arrives as an endorsement, and somebody adds them up in a spreadsheet and hopes the deductible interaction was right. Every step is a place the number can go wrong, and none of the steps produce a single artifact that explains the total.
COP is filed as one program precisely so it can be rated as one. On SelectRate the account is a single submission. The property, the income, the breakdown and spoilage cover and the crime coverages rate together, the loss charges and deductibles interact the way the filing says they interact, and one worksheet explains the whole premium.
For an MGA that means a quote turnaround measured against the submission rather than against three internal handoffs. For a carrier it means the premium on the paper can be reproduced years later from one record.
What SelectRate rates on this line
Everything below is rated on the filed AAIS methodology. Where the filing leaves a value to the company, it is a value your program supplies, and the worksheet names it as yours.
Property
Building and business personal property rated by class and by the filed property groups, with deductibles and the loss charges the method applies.
Business income and extra expense
Income written with the filed options, including the period of restoration choices the program leaves to the company.
Equipment breakdown
Breakdown cover rated inside the same program rather than bolted on from another product.
Spoilage
Spoilage for the accounts that need it, on the filed basis.
Crime
Employee fraud by employee count, and money and securities, rated on the filed crime groups for the class.
Terrorism
The terrorism supplement rated with the rest of the account, not estimated beside it.
State differences are part of the content, not part of your job
COP is written in 50 jurisdictions, every state plus the District of Columbia and Puerto Rico apart from California and Oregon, and a multistate base sits behind them. Washington, Virginia, Maine, Texas and North Dakota are loss cost states where your program supplies the loss cost multiplier.
Underneath that sit the differences that usually cost a rating team the most time: sprinkler treatment in Kentucky, wind loss mitigation across the Gulf and southeastern states, eligibility differences in several states, and classes a state has deleted. Selectsys maintains those as governed content. A state that is not in force refuses to rate rather than guessing.
Start from the standard
Nobody should have to build a Commercial Output Program program from an empty screen. Every organization on SelectRate has a Standard Commercial Output Program: a governed program sitting directly on the published AAIS foundation, ready to inspect and test.
It tells you where you actually stand. Which states are in force. Which are ready to rate now. Which are waiting on a company value, and exactly which value. You run Program Test on it, and when you are ready you create your own program from it.
The Standard Program also carries ready made sample transactions. Open one, rate it, change an input and rate it again. It is the quickest way to understand how Commercial Output Program behaves before you configure anything of your own.
Governed foundation
The published AAIS content for Commercial Output Program, maintained by Selectsys and read only.
Standard Commercial Output Program
One per organization. Inspect the states, see what is ready and what needs a company value, and run Program Test.
Your program
Created from the standard, with your company values, adoption dates and authorized deviations on top.
Configure what makes your program different
Your Commercial Output Program program is the part the filing leaves to the company: the loss cost multiplier where one applies, the selections inside the bounds the filing sets, adoption dates and any deviation your carrier has authorized. The filed content underneath is not yours to change and not yours to maintain.
Configuration happens in Program Studio as a draft, and a draft is tested before it becomes real. Program Test prefills a known good Commercial Output Program scenario, so the first test you run is a real one rather than a form you have to invent. Review lists exactly what a version changes against what is published, state by state, and publication is a decision a person makes.
A published version is immutable. Every quote, policy and worksheet records the version it rated with, so a premium stays reproducible after the program has moved on.
The Workbench adapts to the rating product
Underwriter Workbench does not carry a hand built screen per line. The intake comes from the rating product itself, so Commercial Output Program presents the exposures it is actually written on, with the governed classifications and option lists for the state and the effective date.
Repeating exposures repeat. Referrals surface as referrals rather than as a failed request. And every premium carries its worksheet: each step, the value it used, and where that value came from, which layer and which version. That is the artifact an audit asks for, and it exists whether the rating came from the Workbench or from your own system over the Rating API.
Rate through the policy term
Binding is not the end of the rating on this product. The bound term holds its current rated state and a ledger of every transaction after it, each with its own calculation and worksheet.
New business, renewal, endorsement, cancellation, reinstatement and rewrite all rate on Commercial Output Program. An endorsement rates on the versions the term was written on, so a version published later never changes an in force term, and a renewal rates on the versions in force at the renewal date.
Common questions
Is Commercial Output Program available now?
Yes. COP is a live SelectRate rating product with a Standard Program in every organization, sample transactions you can rate, and rating across the policy term.
Can we write COP and a monoline property program in the same account?
Yes. COP, ISO Commercial Property and every other line run in one Program Studio, one Underwriter Workbench, one Rating API and one policy search.
Do we have to supply a rate for every state before we can quote?
No. The Standard Program tells you which states are ready to rate and which are waiting on a company value, state by state, before you commit to a launch date.
Which states are available?
Fifty jurisdictions, every state plus the District of Columbia and Puerto Rico except California and Oregon. Ask us for the current position on the states you write.
Bring a COP account, not a slide
The quickest way to judge a COP rater is to put a real account through it, property and income and crime together, and read the worksheet. Book a call and bring one.