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Quomation Announces New Integrated Credit with AIG and Mendota
Provo, Utah – January 1, 2005 -- Quomation® Insurance Services, Inc. is pleased to welcome AIG and Mendota as the latest insurance carriers using Credit Grabber, our integrated credit system. Quomations’ Credit Grabber, partnering with insurance carriers and third-party providers like ChoicePoint Services, Inc. and TransUnion, adds integrated financial score capabilities for AIG and Mendota to the industry-leading comparative rater PowerQuote.
Since the advent of financial scoring, generating accurate rates for companies using scoring to determine rates has required exiting the comparative rater to execute a carrier bridge or even exiting the rater and the time-consuming double-entry of information on a carrier site. First introduced over two years ago, Credit Grabber returns real-time credit information to PowerQuote and recalculates an accurate rate based on the correct tier for the company selected. With only a single entry of data and without leaving the Quomation PowerQuote™ product, Utah and Nevada agencies using PowerQuote will be able to obtain critical credit information at the point of sale, in a single, convenient package that is quick and easy to use.
J.R. Jensen, President of Quomation states, "In today’s market workflow can easily determine an agency’s success. Our Credit Grabber and carrier support is critical in managing financial scoring processes efficiently. The integrated credit features we have designed with Quomation make our rating process much easier, faster and more efficient. It is an integral part of our on-going commitment to help our agents provide the most accurate quotes in the easiest manner possible.”
Installation is automatic and use is easy. Agencies simply download the latest upgrade to PowerQuote and when the agent quotes a new client and selects the participating company, the Credit Grabber button appears. The agent fills out the requested information, submit the information and then the selected quote is recalculated with the returned financial score.
About Quomation Insurance Services, Inc.
Quomation Insurance Services, Inc. is a leading
developer of software products designed to increase efficiency and
streamline workflow processes in the personal lines insurance industry.
Quomation specializes in customized rating solutions, single-company
discs, and online uploading applications with integrated credit scoring
and MVR integration for carriers. Quomation offers independent agencies
easy-to-use software applications including our signature product
PowerQuote and the full-featured agency management system PowerManage.
For additional information contact David Washburn at 801-354-7868
or david@quomation.com.
For More Information:
Quomation® Insurance Services, Inc.
216 N Orem Blvd
Orem, UT 84059
Tel: (801) 226-1395 Fax: (801) 802-0903
http://www.quomation.com
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