Castle Replacement Cost Services Integrated into the RiskMeter Online

July 27, 2004

CDS Business Mapping LLC a provider in online property risk mapping and Castle Data Services, a provider of replacement cost data, have integrated Castle’s RapidCalc Replacement Cost Tool (www.castleis.com) into the RiskMeter Online (www.riskmeter.com).

Reported benefits of this partnership include:

* Elimination of duplicate data entry – Since this program is fully integrated, RiskMeter Online users can get geographic risk reports and property valuations without redundant data entry;
* One Account/One bill – RiskMeter Online users will receive one bill, which contains the number of geographic risk reports & property valuations;
* One contact person – If someone has a question about billing or how the account is set up, RiskMeter Online users just need to speak with their account executive.

“With more and more insurance companies focusing on improving underwriting results, we wanted to offer a solution that would help our users streamline their underwriting process and maximize their bottom-line,” Dan Munson, vice president of marketing & sales, said. “Determining the potential geographic risk and replacement cost of a property are two crucial steps in the underwriting process. Allowing our users to get both of these items at once from a single source will make insurers much more efficient. Redundant data entry is a very inefficient use of underwriters’ time; by integrating these tools we’ve made the process inherently more efficient. This will save our customers time and money from day one.”

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