Amerisure implemented ISO Rating Service for commercial auto in all ISO-supported states to process quotes and policies, as well as endorsement and renewal transactions.
ISO Rating Service is a comprehensive, automated insurer rate-management system using a combination of advanced technology and product-management tools. Through a powerful rating engine combined with insurer-controlled rate-management decision tools, the system provides insurers with advisory information and continual ISO updates.
âWeâre looking forward to using ISO Rating Service to help streamline our rate/quote and service processes, enhance our rate-maintenance workflows, and improve performance,â says Debbie Szmagaj, vice president of Application Services at Amerisure. âThe shortened turnaround time on our rate revisions and compressed product-implementation time frames are other benefits.
âIn mid-2008, we plan to implement general liability in all states and inland marine and crime in late 2008, with commercial property and commercial package to follow in early 2009,â adds Szmagaj.
âISO Rating Service provides an efficient process for adopting, managing, and implementing ISO insurance program revisions,â says John Joly, chief operating officer, ISO Insurance Technology Solutions. âBy implementing ISO Rating Service, Amerisure will be able to reduce the expense and effort associated with administering disparate processes and resources, establish a market-responsive environment, increase sales and service productivity, and improve the competitive advantage of its products among distributors and policyholders.â