MSB, a provider of building cost data and estimating technology to the property insurance industry, and Vertafore, a provider of software to the insurance industry, have entered into a partnership agreement to provide Vertafore's PL Rating clients with integration of pre-filled property data using MSB's Residential Component Technology (RCT).
The system enables real-time, once and done, insurance to value processing by accessing multiple carrier sites simultaneously where the agent is licensed. This improves speed and workflow efficiencies for agents.
With this solution, MSB will pre-fill building characteristics and other information needed for completion of homeowners' insurance applications using its InterChange service. Then, using MSB's new Grand Central Express web-hosted network, estimate requests will be routed to the appropriate MSB web-hosted sites for that agent.
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