SoRR: The System of Record for Risk (Part II)
A single insurance field carries dependencies across coverage, claims, accounting, and regulation. SoRR makes that complexity practical to build and maintain.
Insurance software has always been expensive to build, and the reason is not code but insurance.
Every product is a network of data points, rules, calculations, and workflows where a change in one place creates consequences across the rest of the system.
Consider a single field: Policy Effective Date.
On the surface, it looks simple. It is a date. But the moment you start building, the dependencies multiply.
Is it a date or a precise timestamp? Which timezone applies, and does the answer change for surplus lines versus admitted business? How far into the future can it be set before regulatory rules apply? Does the field need to fit on a declarations page, and if so, how does it format across different document templates?
Can individual coverages carry their own effective dates, separate from the policy effective date? What happens when an endorsement mid-terms the policy? When a claim comes in, how does the system validate the incident date against the coverage period? How does the accounting system consume it? How does it flow into earned and unearned premium calculations, bordereaux submissions, and regulatory reporting across different jurisdictions?
That is one field.
SoRR captures more than 4,000 data points, each with its own chain of relationships, rules, and downstream dependencies. Traditional software development requires every one of these connections to be designed, implemented, tested, and maintained by hand. AI-driven development cuts that effort significantly and allows the system to evolve as the business does.
That changes what becomes economically feasible to build. New products can be launched without redesigning entire workflows. New coverages can be introduced with fewer cascading changes across the system. Data models can expand without the operational burden that traditionally accompanied that growth.
Systems that were previously too expensive to build and maintain become practical.
A System of Record for Risk is one of them.
AllegoryOS is building that foundation. Reach out to see how SoRR can work for your business.