Established in 2011, Core Programs, LLC is an MGA that specializes in underwriting Commercial Real Estate risks. They have two programs for Apartment and Condominium Complexes, which are available in selected states across the country. Coverage is provided on an Admitted basis by a carrier rated A+, XV by A.M. Best & Co.

As a new operation, there was no legacy system in place at Core Programs, but Richard Trezza, president of the MGA, had prior experience using NetRate Systems and was very pleased with how well the rating worked so he knew where to turn for what he needed at Core.

It’s good to do business where you can get on the phone with the owners, with people who care about what they’re doing and helping you accomplish what you’re looking to do. We are extremely happy with their service and working with a firm that truly sees us as a valued customer.

I had used NetRate Systems with MGA Systems at another company, and was very happy with the usability and effectiveness of the system, said Richard. I decided to use it with our start-up operation.

Core Programs uses NetRate’s Commercial Lines Rating System for three lines of business: Property, General Liability, and Crime. There was some customization needed, which according to Richard, was delivered on time and on budget.

In addition to the user-friendly interface, explained Richard, NetRate can handle ISO stat coding if we need it to. It also integrates very well with our policy issuance and quoting system.

What also distinguishes NetRate from other technology/software providers is their commitment to MGAs and program administrators and their responsiveness. It’s good to do business where you can get on the phone with the owners, with people who care about what they’re doing and helping you accomplish what you’re looking to do. We are extremely happy with their service and working with a firm that truly sees us as a valued customer.