FSC Insurance Solutions, a unit of Fiserv, Inc., and Insurance Information Exchange (iiX), a unit of ISO, have released integrated report-ordering functionality through FSC Rater RT, FSC's personal lines comparative rating solution. The component allows agents to obtain underwriting information (including credit scoring, motor vehicle reports, and auto and property loss history reports) from ISO's A-PLUS database from within a single entry point in FSC's rating platform.
"Access to underwriting information is a critical component in delivering an accurate automobile or homeowners' insurance rate," says Paul Areida, CEO of FSC. "It is extremely satisfying to be in a position where we can offer this feature to our mutual clients."
"Offering the added value of rating and underwriting report integration will enhance our customers' ability to service their clients more efficiently," says Sean Quillivan, general manager of iiX.
Report-ordering functionality from iiX already has been released in five midwestern states through FSC's additional comparative rating product, MI-Rater. The development effort now has expanded to agencies subscribing to FSC Rater RT in Connecticut and New York, with additional states to follow.
Separately, FSC Insurance Solutions has licensed ISO's VINMASTER-LPMP, which covers liability and personal injury protection medical payments, for use in its comparative rater products throughout the United States. ISO develops rating symbols based on a review of actual vehicle make and model loss experience.
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