In today's insurance market pricing models are becoming more complicated and the predictive analysis associated with these changes is not only more complex, but infinitely more time consuming as well.

PowerBatch from Quomation Insurance Services provides a simple solution for a complex problem. Based on years of agency comparative rating and carrier rating systems, PowerBatch is easy-to-use and quick to learn. PowerBatch incorporates all of the features you need to get your work done quickly and effortlessly without the clumsy overhead often associated with more intricate "batch processing" programs.

With PowerBatch you won't get caught up in the details. Easily customizable default options and the ability to save all of your quoting scenarios means less time inputting information. Built-in graphing and charting options organize data into useful summaries and provide quicker output and reports that are more easily analyzed.

PowerBatch boosts your productivity with the trusted accuracy of PowerQuote comparison rating modules. Comparisons can only be as accurate as the rates that are used. PowerBatch is focused on regional markets and deliver the most accurate, up-to-date rates for the territories that interest you - unlike software systems targeting a national audience trying to provide rates for everyone everywhere. PowerQuote rating modules are used for thousands of quotes a day, every day, by working agencies ensuring both accuracy and timely updates.

Not familiar with BatchRating? No problem! PowerBatch's intuitive interface guides you step-by-step through the rating process lowering the learning curve and saving you training costs and money. PowerBatch enables insurance carriers to significantly decrease the time and the costs associated with traditional marketing analysis and tracking, while allowing them to competitively price their products to maximize premiums and profitability. Unlike programs requiring a doctorate degree to operate and comprehend, with just a few clicks of the mouse PowerBatch quickly provides any user an accurate assessment of where their company stands in the marketplace in minutes, rather than hours or days or even weeks.

Complete, fast and easy to use, PowerBatch exceeds the most demanding expectations of batch rating for personal lines insurance carriers. For our power users, factors almost too numerous to list can be arranged in almost any combination provides seemingly limitless rating options. With the ability to run thousands of quotes, PowerBatch can easily handle the most elaborate projects.

With an easy-to-use intuitive interface, accurate rates, extensive graphing and extensive data handling capabilities, PowerBatch is the ideal batch rating software for the personal lines market.

 

PowerBatch, from Quomation, is the easiest and most straightforward batch rating product available. Begin by simply selecting the state and the desired territory by zip code. You can Select the zip codes individually, in a group listing, by city, by county, or the entire state. Use different variants including prior insurance, credit (insurance) scoring and/or home ownership to establish rating criteria.

Rate up to four drivers based on gender, marital status, age and other underwriting criteria. Age selection allows a minimum or maximum age range with an increment of a single year, two, three, four, five or ten years. Rating criteria includes driver record information, potential driver discounts and surcharges for tickets, accidents, or student driver.

Create up to four vehicle rating scenarios with each scenarios including up to four cars. These scenarios can be chosen from lists of pre-selected vehicles to make changing scenarios quick and easy. Define each car by year, make, model and coverages including uninsured motorist, comprehensive and collision damage coverage and towing and rental.

PowerBatch allows user customization to generate built-in ranking reports and line graphs. These reports include all the rates for a chosen risk, head-to-head analysis, or a specific company comparison. Customize your output by assigning each company a specific color and color scheme for the defined output. Once the data is generated it is automatically exported to the application of your choice to be sorted in processes or programs that are more familiar to the user.

PowerBatch instantaneously generates key charts and graphs and displays the data in Excel. This ranking graph is color-coordinated to quickly identify the three lowest-cost options; by total premium, bodily injury, comprehensive, collision, even policy fees. PowerBatch allows easy analysis of even large numbers of risks to quickly determine your market price and competitive positioning.


  • Rating engine processes almost 2000 quotes per minute (average computing speed)
  • Ranking reports include all rates for a chosen risk
  • Allows head to head analysis or a specific company comparison
  • Customized output with easy-to-identify color schemes
  • Exports information to most databases or spreadsheets, including: Excel, Lotus, Access, Oracle, Quattro Pro
  • Provides statistical summaries of each quote scenario
  • Credit Modeling functionality
  • Updated weekly with the latest rate changes
  • Built-in charting and graphing using Excel
  • Includes driver record criteria including surcharges for tickets and accidents
  • Age selection allows a minimum or maximum age range
  • Age range increments of a single year, two, three, four, five or ten years
  • Automatically applies all relevant discounts and
    surcharges
  • Handles underwriting guidelines
  • Vehicle detail by VIN look-up or year, make, and model (ISO Symbol Tables)
  • Zip code selection by state, county, city, or individually
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