Naperville, IL, April 4, 2005: INSTEC, a leading provider of rating and policy administration software for the insurance industry and experts in integrated solution delivery, announces the immediate availability of QuickSolverÂ® Commercial Automobile software that includes full support of Texas Business Auto, Garage and Truckers using ISO loss costs, rules and forms.
ISO-based Commercial Auto in Texas is now available to all INSTEC clients at no additional fee in replacement of Insurance Council of Texas support. This enhancement provides ISO Texas specific coverages and forms and allows policy issuance on a multi-state basis. On-going maintenance of ISO revisions in Texas will be provided as part of the standard INSTEC maintenance agreement.
INSTEC has worked collaboratively with clients to ensure that the distribution will occur on a schedule that meets their specific filing and approval process. Scheduled distribution has already begun to customers that have committed to file and use the ISO-based Texas Commercial Automobile solution.
According to Mary Jane Edwards, INSTECâs Commercial Automobile Product Manager, "Implementation of Texas ISO showcases our ability to adapt to changing marketplace conditions quickly and efficiently. Distributing
these changes to our clients as part of regular maintenance is similar to how we handled TRIA in 2003. In essence, our approach enables our clients to enjoy a predictable total cost of ownership over the long haul."