New Products Bring Rating Systems Into The Computer Age
Quoting insurance premiums is no longer a labor-intensive process that has to be done in an agent or insurer office using mountains of dog-eared looseleaf manuals. Recent rating innovations take full advantage of software and the Internet, so agents can develop quotes anywhere they can use a computer.
A number of new products and product enhancements have been introduced within the past six months or so. Some of the rating tools described are part of policy management systems that provide many other functions in addition to rating.
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