Okemos, MI., August 4 2009 – NetRate Systems, Inc. (Okemos, MI) is pleased to announce implementation of the NetRate Commercial Lines Rating System at Trinity Underwriting Managers, Inc., of Pooler, GA. Trinity Underwriting Managers will utilize the NetRate software to rate Commercial Lines for Commercial Auto, General Liability, Commercial Property, and Crime risks. Trinity’s implementation of the NetRate System includes the following NetRate modules:
• NetRate Rating Modules for General Liability, Property, Business Auto, and Crime.
• NetBind Policy Life Cycle Module to enable new business, endorsement, cancellation and reinstatement, and renewal rate processing;
• NetXPORT Integration Module for XML integration of rated risks with MGA Systems’s (Melville, NY) Insurance Management System (IMS) for Policy Administration.
In addition to providing the rating program, NetRate Systems also exercises its status as an official ISO® Business Partner to handle all ISO®-mandated rate/ rule updates, and to handle all Trinity-specific updates to the system.
Jason Barlow is President of Trinity Underwriting Managers: “NetRate Systems Rating is exactly what they told me it would be: a high-performance, flexible, easy-to-use software product that, in concert with the IMS system, leads to vastly increased efficiency in rating and policy issuance, and later on to easier after-inception policy processing. I’m extremely excited and pleased to have NetRate and MGA Systems in production at Trinity Underwriting Managers.”
About NetRate Systems, Inc.
NetRate Systems, Inc. supplies Commercial and Personal Lines Rating Systems to the Property and Casualty insurance marketplace, primarily in the MGA and small/medium carrier environment. With sophisticated, yet intuitive, systems designed to eliminate manual references and to automate the rating within the full policy life cycle, NetRate products include nationwide rating of ISO® General Liability, Property, Business Auto, Crime, Inland Marine, Farm, as well as NCCI Workers Comp, and company-specific Personal Lines. NetRate also offers custom programming of all lines of business. NetRate Rating Systems include desktop implementation and web-based point-of-sale submission/ rate/ quote versions. NetRate also provides integration of rating data to 3rd party vendor systems to facilitate policy issuance and administration. For more information, go to www.netrate.com
About Trinity Underwriting Managers, Inc. (TUMI)
Trinity Underwriting is one of the nation’s premier special program management firms specializing in commercial transportation related insurance programs. We offer a full line of products designed for specialty classes of haulers such as towing, auto transporters, mobile repair operations and local/intermediate trucking. Founded to be the premier underwriting management firm catering to the specialty needs of agents across the country, Trinity Underwriting Managers, Inc. has developed a non-nonsense approach to program management and underwriting through the use of industry leading technology and proven hands-on underwriting. Trinity Underwriting Managers has the ability to offer our agents the unique combination of quality and thoughtful underwriting with extreme ease of doing business. For more information, go to www.tumi-ins.com
About MGA Systems, Inc.
MGA Systems, Inc. is a software development company working exclusively within the insurance industry. Our management has over 10 years of real-world brokerage and MGA experience which we use every day in the design of our flagship product, the Insurance Management System (IMS). The IMS is a true enterprise application; it is client-server based, can support hundreds of users on a single database, and provides secure database connectivity to remote users. Designed specifically for MGA’s and E&S Brokerage firms the IMS provides a scalable solution allowing remote underwriting offices to be established “turn-key”. For more information, go to www.mgasystems.com
For more information regarding this news release, please contact:
NetRate Systems, Inc.
(517) 347-4900 x113
Trinity Underwriting Managers, Inc.
MGA Systems, Inc.
Was this article valuable?
Here are more articles you may enjoy.