Quomation First to Integrate Credit with New CreditGrabber™

Provo, Utah - January 1, 2002 -- Quomation® Insurance Services, Inc. is pleased to announce Credit Grabber, our integrated credit system. Partnering with insurance carriers and third-party providers like ChoicePoint Services, Inc. and TransUnion, CreditGrabber adds integrated financial score capabilities 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. 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 or failure. Our Credit Grabber and carrier support is critical in managing the 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, submits the information and then the selected quote is recalculated with the correct rating tier from the returned financial score.


About PowerQuote
PowerQuote comparative rating combines both home and auto into one easy-to-use system. PowerQuote delivers industry-leading functionality like integrated credit, extensive bridging, auto-fill ACORD forms, lead tracking and combines both home and auto into one easy-to-use system. Within minutes, even the new user can generate accurate rate comparisons for all of your insurance companies.



About PowerManage
PowerManage is the comprehensive agency and client management solution for small to mid-sized agencies. Standard features include: IVANS® upload and download, payment tracking, top notes, policy transaction file notes with date stamping, ACORD® forms, commission tracking, document tracking, template letters, and extensive reports.


About Quomation
Founded by J.R. Jensen and headquartered in Provo, Utah, Quomation has been 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 demo CD, please contact:

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


     home    //    contact    //    location    //    privacy    //    agent login