A Comparative Rater That Helps You Expand Market Share
Companies that design, market and administer specialized insurance programs are finding interest in that sort of coverage is growing as clients seek deep familiarity with their market niches. As your program business grows, you need your comparative rating system to work with you so you can expand product lines and geographic markets without technological potholes.
Rating software that integrates with your management system, is ISO-compliant and adapts easily to your product or geographic expansion can make building out your insurance lines and your market footprint a much easier task. Add in a competent and available service center, and it sounds like a fantasy! But it is available! NetRate is a leader in providing just such a comparative rating system and the superior support service you thought was only a dream.
Our rating software is integrated with management general agent (MGA) systems, is ISO-compliant and is customizable to your specific program line needs. The high-level integration allows for smooth reporting to carriers with efficiencies that save valuable program administrator time. Additionally, the software is so adaptable that adding new lines and new states is easy, and integration with your management system is a breeze.
With NetRate’s superior access to rating content required by MGAs, program administrators and insurance companies, accuracy in rating, even for complex custom coverages, surpasses standard rating programs designed for the retail agency market. NetRate rating engines can also rate coverage alternatives and generate complex, yet easy-to-understand, worksheets and XML output documents for transmission of data.
As you build out your products, your NetRate comparative rater grows with you. That’s the beauty of customization. And implementation is fast. From automated zip-code-to-ISO territory matching to user-defined input defaults, NetRate’s tailored solutions are easily updated to reflect your new programs and state approvals, without a ton of manual effort or expense.
NetRate can help make your rating and associated business processes more efficient and enhance your competitiveness while keeping your unique needs at the center of the system. Please give us a call at (877) 790-1114 or email us to find out how NetRate can provide you with solutions to improve your comparative rating process.