Save Time and Resources: How to Rate Policies in Real-Time

Overview

Date: Tuesday, May 16 2023

Time: 2 pm ET | 11 am PT

Cost: Complimentary

Produced and Sponsored by:

Each year, insurance carriers and their vendors spend countless hours updating their rating data to stay current with changes in the industry. It’s time-sensitive, intensive work that’s prone to error involving precious resources to analyze, evaluate and install these changes within their rating systems. But what if there was a better way to handle this process, effectively rating policies in real-time, without a major technological investment?

The good news is that way exists. Rating-as-a-Service (RaaS) is a new cloud-based rating solution that allows insurers to send applicable rating inputs via API, which are then applied to ISO’s loss costs and rating algorithms to generate a quotable premium. RaaS, powered by ISO Electronic Rating ContentTM (ERC), is a rating engine that lets insurers easily implement the most recent rating information into their workflows allowing them to help reduce costs, increase efficiency and boost speed to market.

Join this complimentary webcast to learn how this new solution can help increase competitiveness and profitability.

You’ll learn about:

  • The evolution of rating
  • How to customize ISO-based programs
  • What early adopters of RaaS are saying
  • How to increase employee engagement and productivity while enriching insurance products
  • And more!

REGISTER NOW!

Speaker:

Kerri Urrutia | Product Sales Executive | Verisk

Kerri Urrutia is a Product Sales Executive for Mozart Forms Composer, Electronic Rating Content and Rating-as-a-Service. As a subject matter expert, she specializes in improving efficiency and organic company growth through streamlining forms management, development and rate making functions. She has been instrumental in helping P&C carriers and distributers achieve success for over 11 years.