Rating is a core component of any Policy Administration System. ISO Rating Service® is a comprehensive, automated rate-management system featuring a powerful combination of advanced technology and product-management tools. Clients receive ISO advisory information loaded into a powerful rating engine — plus rate-management decision tools and continual ISO updates.
On November 16, 2009, Unirisx became the first SaaS provider to fully integrate and offer ISO Rating Service, the industry-leading automated insurer rate-management system. Clients of Unirisx will benefit from significant efficiencies through full and direct electronic delivery of the service, avoiding potential delays and errors using alternate solutions. In addition, Unirisx is a member of ISO’s Preferred Partner program, which certifies full integration and the ability to offer the service to Unirisx’s clients.
“The direct availability of ISO Rating Service through Unirisx’s web-based policy-administration platform further enhances a client’s ability to make faster policy-development, underwriting and pricing decisions,” said David Hollander, Unirisx CEO. “This agreement makes Unirisx even more attractive to North American insurers seeking real time access to policy processing and management through Unirisx.”
Kevin Thompson, Senior Vice President at ISO, said the company was pleased with the speed and ease of access to the rating service through Unirisx’s integration. “We’re confident that Unirisx users will find easy access to the ISO Rating Service information and tools they need to make informed premium and risk decisions,” he said. “Making ISO Rating Service automatically accessible through premiere platforms such as Unirisx is a real benefit.”
For more information, visit http://www.iso.com/Products/Rating-Underwriting-and-Policy-Management-Systems/ISO-Rating-Service-the-automated-rating-system-from-ISO.html
