# Commercial Property Insurance at Scale

### **4 Months**

Time to Launch

### **30 Days**

Converted a 70-tab Excel rater into a validated rating engine

About

**Company Name: CAIRE**  
**Industry: Managing General Agency (MGA)**  
**Company Size: Mid-market MGA**  
**Location: Florida, United States**

Industry

**Habitational**

Company size

**5 – 25 employees**

Founded

**2023**

### **“BindHQ’s flexibility and the team’s insurance expertise made our aggressive timeline possible.**  
**Lindsey**,  
Chief Operating Officer

The Challenge

### **Scaling a complex habitational program**

CAIRE set out to launch a new habitational commercial property program with complex rating requirements and strict compliance needs. Legacy systems would have required 12–18 months just for configuration, creating unacceptable delays and cost.

Capital was ready, the team was ready, but manual processes for complicated risks hindered operations.

The Solution

### **Rapid configuration without custom development**

Using BindHQ, CAIRE translated a highly complex Excel-based rater into a configurable rating engine with built-in validation. Product rules, workflows, documents, and compliance requirements were configured directly within the platform without heavy engineering work.

The Outcome

### **A platform built to adapt and grow**

CAIRE launched its program in four months, reduced operational costs by 50%, and gained a flexible platform that adapts to market changes. New coverages, rating adjustments, and regulatory updates can now be handled without re-platforming.

The company is scaling quickly and has partnered with BindHQ to grow the lines of coverage offered to its client base.

### **“BindHQ has transformed our ability to compete in the Florida habitational market.”**