This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Marshall & Swift/Boeckh And Multico Rating Systems, Inc. Create Once And Done Homeowners Transactions

MILWAUKEE, Jan. 9, 2013 /PRNewswire/ -- Marshall & Swift/Boeckh ("MSB"), the leading provider of building cost data and estimating technology to the property insurance industry, and Multico Rating Systems, Inc., a leading provider of innovative software to the insurance industry, have entered into a partnership agreement to provide Multico-Online™ clients with the seamless integration of pre-filled property data using MSB's Residential Component Technology™ (RCT). Utilizing this technology, Multico-Online now enables real-time "once and done" Insurance to Value (ITV) processing to improve speed and workflow efficiencies, leading to greater productivity and increased revenue opportunities for agents and carriers. 

For Agents, this means:

  • Faster, more accurate homeowners quotes
  • Fewer data entry errors

For Carriers, this means:

  • More quotes
  • Better business

With this innovative solution, Multico-Online will pre fill building characteristics and other information needed for completion of homeowners insurance applications using MSB's InterChange™ service.  Then, utilizing MSB's new Grand Central Express™ (GCX) web-hosted network, valuation requests will be simultaneously routed to multiple carriers on MSB web-hosted sites (RCT Express™ sites) for that agent.

"MSB is committed to solving some of the biggest challenges facing agents writing homeowners business in the marketplace today," says Jerry Fox, MSB's Vice President of Agency Operations.  "With our InterChange and GCX services, the ITV process is truly a real-time transaction.  Combining Multico-Online and MSB's web-hosted network significantly enhances the rating process by expediting quoting and reducing duplicate entry errors.  This is a real win-win situation for Multico's clients and the carrier network using RCT Express."

"This new integration adds tremendous value to our customers' workflow, enabling a much more seamless interview process through Multico-Online's homeowners rating component," said Charles Anderson, President of Multico Rating Systems. "The ability to receive Insurance to Value data from MSB will dramatically streamline the rating process by improving the speed and accuracy of homeowners rate generation."

About Multico Rating Systems Multico Rating Systems, headquartered in Seattle, Washington, has been a pioneer in the insurance software industry since 1986. Multico specializes in point-of-sale systems for insurance carriers and premium comparison and consumer access quoting for independent agents. More information can be found at www.multico.com.           

About Marshall & Swift/Boeckh Marshall & Swift/Boeckh (MSB), a Decision Insight Information Group company, is the leading provider of building cost information, residential and commercial analytics solutions and book of business management services for the property insurance companies, financial services organizations and government entities. MSB offers the industry's most extensive and validated underwriting and claims property data. Throughout their eight decades of experience, they have compiled a strong track record of consistently developing innovative property solutions, analyzing our clients' operations and providing them with the assistance needed to dramatically improve their business results. This track record continues today as they serve as the hub for all of their clients' property needs and work tirelessly to help them maximize their profitability and achieve a competitive advantage. More information can be found at www.msbinfo.com.

SOURCE Marshall & Swift/Boeckh

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,985.61 +78.99 0.47%
S&P 500 1,972.83 +9.12 0.46%
NASDAQ 4,419.0340 +27.5710 0.63%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs