Price the policy off the verified signal.
Not the class rate.
Strong industrialized modules quote at 89bps. Weak ones quote at 140bps. The difference isn't art — it's seismic class, KeyScore, and net-zero status, computed off the verified registry record. Tighter pricing, better risk selection, defensible underwriting.
What's broken today
Modular construction is priced like generic commercial construction. One class rate. Same premium for a steel-frame seismic-class-A net-zero module as for an aging panelized unit with no QA record. The result: good risks are over-priced, bad risks are under-priced, and adverse selection runs the book.
What Keystone gives you
- Per-module risk record — seismic class, KeyScore, net-zero status, resilience class, audit trail
- Pricing API — submit module + coverage parameters, get rate_bps + premium + expected_loss_ratio + underwriting_margin
- MGA book stats live — policies in force, premium float, commission earned, blended rate, expected loss ratio
- Defensible audit — every quote tied to a specific verified record, immutable
Who this is for
- Reinsurers — Swiss Re, Munich Re, Hannover Re — writing capacity on modular books
- MGAs writing modular construction lines on behalf of carrier capacity
- Captive insurers for large modular owner portfolios
- Parametric players writing resilience-tied parametric coverage
- Specialty carriers entering modular housing as a class
The economics
MGA commission on every bound policy. Underwriting margin from pricing discipline (premium − expected losses − commissions). Recurring per-policy revenue as the modular book grows. Treaty structures available with reinsurance partners.
The same KeyScore the lender priced the loan on becomes the same number the insurer prices the policy on. Both signals point at the same verified asset.
Quote a strong vs weak module side-by-side.
The sample workspace ships with three live policies. KeyScore-92 strong module: 89bps. KeyScore-65 weak module: 140bps. Same API, same math, opposite risk profile.