Quomation Announces Credit Grabber and Bridge with AIG Insurance

OREM, Utah – January 1, 2007 -- Quomation® Insurance Services, Inc. is pleased to welcome AIG Insurance to the growing list of Arizona carriers using CreditGrabber, our integrated credit system. Quomation’s CreditGrabber adds integrated financial score capabilities for AIG Insurance to the industry-leading comparative rater PowerQuote®. In addition, PowerQuote supports the bridging of quote information to the AIG software eliminating the need to re-enter quote and application date.


Since the advent of financial scoring, generating accurate rates for companies using scoring 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 five years ago, CreditGrabber 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 PowerQuote, Arizona agencies will now be able to obtain critical credit information at the point of sale.


Installation is automatic and easy to use. Agencies simply download the latest upgrade to PowerQuote, set the appropriate default options to include AIG. When the agent quotes a new client, the CreditGrabber automatically launches, retrieves the credit tier and provides an accurate quote for the AIG rate – all in about 10 seconds.


PowerQuote comparative rating combines both home and auto into one easy-to-use system. Recently introduced real-time rating allows an agent to pull rates directly from carriers like Allied, Progressive-Drive, Safeco, The Hartford, and Travelers. In addition to real-time rating, PowerQuote delivers industry-leading functionality like browser-based real-time rating, manufactured rates, extensive bridging, auto-fill ACORD forms, lead tracking, and extensive agency reports. Within minutes, even a new user can generate accurate rate comparisons for all represented insurance companies.


About Quomation®
Founded by J.R. Jensen and headquartered in Orem, Utah, Quomation is a leading insurance software developer that specializes in designing products for single-company rating solutions, comparative rating solutions, and management systems to be used in the personal lines insurance industry. Quomation provides agencies with powerful, user-friendly insurance software coupled with award-winning service.


To learn more about Quomation or to request a free demonstration, please contact:

Quomation Insurance Services, Inc.
216 N. Orem Blvd.
Orem, UT 84059
Tel: (801) 226-1395
Fax: (801) 354-7870