NetRate Systems, Inc. Announces Agreement with Cal-Regent

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Okemos, MI. – NetRate Systems, Inc. (Okemos, MI) is pleased to announce an agreement with Cal-Regent Insurance Services, Inc. (Santee, CA) to implement the NetRate Systems Commercial Lines Rating System. The NetRate System will include these NetRate Modules:

NetRate Rating Modules for Commercial Auto, Auto Dealers, and Property;

NetBind Policy Life Cycle Module to enable new business, endorsement, cancellation and reinstatement, and renewal rate processing;

NetPOS Point of Sale Module, allowing retail agents to quickly and easily submit risks via the internet to Cal-Regent for rating, underwriting, and policy issuance;

NetXPort XML Data Integration Module, for integration of NetRate Rating data into the QualCorp FormsPlus policy issue software package.

The NetRate System will leverage Cal-Regent’s current website for access to NetRate Rating.

About Cal-Regent Insurance Services Corporation
Established in 1999 in Santee, CA. Cal-Regent distributes wholesale Commercial Auto Garage and Business Auto for State National Insurance Company to retailers in California and Arizona. Cal-Regent’s underwriters have over 60 years combined experience in Commercial Auto Insurance. State National Insurance Company has been given an A rating by A.M. Best.

About NetRate Systems, Inc.
NetRate Systems, Inc. supplies Commercial and Personal Lines Rating Systems to the Property and Casualty insurance marketplace. With sophisticated, yet intuitive, systems designed to eliminate manual references and to fully automate the full policy life cycle, NetRate products include nationwide rating of ISO General Liability, Property, Business Auto, Crime, Inland Marine, Farm, NCCI Workers Comp, and Personal Lines. NetRate also offers custom programming of all lines of business. NetRate Rating Systems include both desktop and web-based point-of-sale submission/ rate/ quote versions. NetRate also provides ‘hands-free’ integration of rating data to 3rd party vendor systems to facilitate policy issuance and administration. For more information, go to www.netrate.com

For more information regarding this news release, please contact:
Tom Rahl
(517) 347-4900 x113
E-mail: trahl@netrate.com

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