Agencyport Software (formerly Sword Insurance), a provider ofsoftware and services to the global insurance and reinsuranceindustries, announces that it has partnered with ValenTechnologies, Inc., to provide Agencyport customers with anintegrated predictive analytics solution.
|Under the agreement, Agencyport will integrate Valen'sInsureRight product into the AgencyPortal platform to provideagents and underwriters with a predictive analytics offering foridentifying the risks associated with any new book ofbusiness. Underwriters will also be able todetermine whether policies have been misclassified, provide agentswith real-time pricing on more policies and faster underwritingturnaround times.
|"Valen has an excellent reputation and deep experience withinthe predictive analytics marketplace which made for a naturalchoice as a partner," says Michael McCurley, senior vice presidentof global sales for Agencyport. "Our clients useAgencyPortal to provide agent self-service on the Web and byintegrating AgencyPortal with Valen, our customers can now makebetter and faster decisions around approving policies."
|"Agencyport was an attractive partner and we are excited tobegin the relationship, and to provide Valen's InsureRight productas a competitive advantage for workers compensation agents andunderwriters" says Dax Craig, CEO of Valen.
|The predictive analytics capabilities will be available as partof the forthcoming AgencyPortal version 4.5.
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