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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.
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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.
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- 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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