Exton, PA (PRWEB) October 19, 2011
Millbrook, the leading provider of business intelligence and data warehousing solutions for insurance carriers, announced today that Millbrook’s groundbreaking MiAgents mobile application will now integrate A.M. Best’s State Rate Filings data and Best's Credit Ratings.
The inclusion of the A.M. Best data will alert insurance company marketing representatives and underwriters to changes that their competitors are making in the market place so that they may effectively craft the appropriate responses and strategies. This unique integration brings, for the first time, groundbreaking information regarding competitive intelligence directly to the “boots on the ground” that are responsible for driving profitable revenue for insurance companies.
Jack Plunkett, Principal and Co-Founder of Millbrook noted: “This is a key component of our strategy to deliver world-class, information-driven resources to facilitate effective agency-company collaboration. The inclusion of the robust A.M. Best data and financial strength ratings provides company reps with relevant, timely and accurate monitoring tools that will increase their ability to react in real time to changing market conditions.”
Paul C. Tinnirello, Executive VP from A.M. Best commented: “A.M. Best is always committed to extending the reach of its information and services and is pleased with the Millbrook agreement. By incorporating Best's Credit Ratings and key A.M. Best data such as State Rate Filings into Millbrook's MiAgents product, we provide our mutual customers access to a comprehensive agency management tool with competitive data, anytime, anywhere.”
The A.M. Best data will be available to subscribers of Millbrook’s MiAgents mobile agency relationship application as an optional service. MiAgents is a new service offering by Millbrook that provides a complete mobile tool kit to insurance company representatives to advance their ability to drive profitable revenue through their independent agency customers. MiAgents is the first mobile app in the insurance industry to truly transform agency relationship management by dramatically enhancing insight into agency performance while creating real-time capture of information never before available.
Millbrook has become recognized as “The Insurance Data Experts,” with over 15 years of experience, serving over 30 leading P&C companies. Our data strategies and methodologies, using proven data models and platforms, technology accelerators and BI solutions, allow our clients to access and use their data to reduce loss ratios, enforce underwriting principles, and reduce outstanding claims, leading to measurably improving results. Millbrook offers an innovative approach to safe data integration, solving the problems of business disruption and increased risk during new technology implementations.
More information about Millbrook can be found at http://www.millbrookinc.com
About A.M. Best Company
Founded in 1899, A.M. Best Company is a credit rating organization dedicated to the needs of the financial services industries, with a unique focus on the insurance industry. Best’s Credit Ratings are referred to throughout the world as an opinion of the financial strength and creditworthiness of insurance companies. The company publishes a wide variety of analytical data resources, references, and directories online, on CD-ROM and in print. A.M. Best is also the world’s most recognized source for insurance news. Articles and reports generated by A.M. Best’s news staff are published in Best’s Review magazine, the BestWeek news service and in real-time as part of the BestWire newswire service. The company has offices in the U.S., London and Hong Kong.