InformINS to Provide Business Owners Rating and Submission to Nevada Pacific Insurance

InformINS, Inc., a Southern California based provider of insurance industry specific software products and technology consulting services today announced that it has been engaged to provide and host the online rating and submission system for Nevada Pacifics new (TopBop) Business Owners Program (Underwritten by Topa Insurance Company).

Yorba Linda, CA (PRWEB) September 30, 2004 --- InformINS, Inc., a Southern California based provider of insurance industry specific software products and technology consulting services today announced that it has been engaged to provide and host the online rating and submission system for Nevada Pacifics new (TopBop) Business Owners Program (Underwritten by Topa Insurance Company).

Organized in 1999 as a strategic software house servicing managing general agencies, mid-market carriers, and independent producers/agents, InformINS is a rapidly growing insurance technology firm that enables its clients to conduct typical industry transactions faster, easier, and at a significant cost savings.

Leading a team of technology and insurance experts, Paul Blomgren, InformINS CEO, expressed his enthusiasm for the new product for Nevada Pacific: We are exceedingly proud of our latest release for Nevada Pacific due to its scalability and ease of operation. Our system can easily be re-purposed to provide online rating and submission for other lines of business such as commercial auto, general liability, personal auto, homeowners, fire dwelling etc."

Yuri Vanetik, Director of Administration and board member submits that the InformINS insurance technology offerings are designed for easy and scalable operation". We look at technology through the eyes of our customers -- carriers, MGAs, producers -- and this approach radically distinguishes us from conventional software developers or insurance technology vendors who either lack industry savvy or tend to disregard ease of use concerns, focusing on technological innovation as an end in itself," explains Vanetik.

The InformINS Business Owner Rating and Submission system is a Web-based and Rules-Based technology that automates the underwriting, rating, quoting, binding and issuance process for the for business owners insurance.

System Highlights include:

- Seamless Integration with customers existing website
- Agency branding and personalization within system
- Login Security & Access
- Account Clearance to eliminate redundant entries or previously submitted risks flagged as ineligible
- Expert eligibility subsystem -- flexible database driven, not hard coded.

Three levels of eligibility:
1) Classification risk type inside program e.g. certain type of restaurant
2) Limitations like liquor receipts as pct of gross less than certain amount or types of activities like karaoke
3)Constraints on property/building

- NET role based feature (form) access and security when in place will provide for limitless future extensibility (e.g. for binding producers agency employees can be later on assigned roles like Binding authority etc. by agencies themselves)
- Ability to implement cross sell support for additional coverages depending on business type.
- Extensive IRPM form can be developed with major and minor categories for subsequent analysis of underwriting decisions

Rating Module
·   System is 100% database driven
·   Designed so that rate and ruled changes instantly take place without recompile/reinstall
·   Expert Property Specific Underwriting & Rating
·   Optional coverages
·   On the fly re-rate for coverage changes from rating results screen
·   ISO territories for Nevada
·   
InformINS clients include Vision Insurance, eGeneral Insurance, RMIS, Legacy Insurance, Nevada Pacific, SCJ Insurance, thousands of insurance customers, and over 7000 insurance agencies in ten states.

Operating predominantly in the Nevada market, Nevada Pacific Insurance Services is a managing general agency, owned by Topa Insurance. Topa is a major insurance carrier, a division of Topa Equities Ltd. a privately held, diversified, conglomerate with extensive operations in California, Nevada, Hawaii and the U.S. Virgin Islands.
For further information contact the Company at (714) 578-3300 or via email at info@informins.com

INFORMINS, INC.
Evolving the Insurance industry
Paul S. Blomgren, Chairman & CEO
Yuri Vanetik, Esq. Vice Chairman & Director of Administration
17311 Green Pine Way
Yorba Linda, California 92886
Telephone 714-578-3300
Email: sales@informins.com
Web site: www.informins.com; www.websites4insurance.com

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