ITC Enables Rating within Agency Management System Vendors

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ITC announced today the launch of embedded rating for auto insurance with four agency management systems: Agency Matrix; HawkSoft, Inc.; Partner XE by SIS; and TechCanary.

ITC's comparative rating system TurboRater

ITC's comparative rating system TurboRater

Embedding TurboRater’s rating services within these agency management systems gives an additional 5,000 agencies and more than 20,000 users access to the nation’s fastest growing comparative rater.

Insurance Technologies Corporation (ITC), a provider of agency marketing, rating and management software and services, announced today the launch of embedded rating for auto insurance with four agency management systems: Agency Matrix; HawkSoft, Inc.; Partner XE by SIS; and TechCanary.

Embedded rating works by allowing insurance agencies to get rating services directly within their agency management system of choice, whether it be a desktop, mobile device, smart phone app, or in a web browser. Through TurboRater’s Rating API, management system users will have instant access to the complete library of carriers offered in ITC’s comparative rating system. All client and quote data is transferred between systems without further user action.

“We’re excited to launch embedded rating because it advances our goal to enable an open and growing insurance market,” said Laird Rixford, president of ITC. “Agents can now have a unified workflow within their business while using systems that perfectly meet their needs. Embedding TurboRater’s rating services within these agency management systems gives an additional 5,000 agencies and more than 20,000 users access to the nation’s fastest growing comparative rater.”

The embedded auto insurance rating solution is also available for large insurance agencies to use in their dedicated management platforms. ITC is initially launching embedded rating for auto insurance and plans to support homeowners and motorcycle insurance rating later this year.

“Other insurance agency software vendors are creating ever more closed environments by choosing not to work with any other software providers,” said Scott Upfield, CEO and co-founder of ITC. “We believe in an open solution and giving agencies a choice to find and use the system that perfectly meets their needs. This choice and a unified workflow is how embedded rating will give independent agents and brokers the open environment they need to grow their agencies.”

About ITC

Insurance Technologies Corporation (ITC), founded in 1983, is a leading provider of agency marketing, rating and management software and services to the insurance industry, including independent agents and insurance carriers. Headquartered in Carrollton, Texas, ITC helps its customers across the United States grow their businesses and become more efficient through the philosophy of providing quality software and services. Currently, ITC serves more than 200 insurance companies and more than 6,000 agencies. For more information, visit us online at GetITC.com.

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Becky Schroeder

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@InsTechCorp
since: 05/2009
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