This Day On The Street
Continue to site right-arrow
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!

ValueMomentum Announces Integration Of ISO Electronic Rating Content Within IFoundry Rating Engine

Stocks in this article: VRSK

SOUTH PLAINFIELD, N.J., Oct. 8, 2013 /PRNewswire/ -- ValueMomentum, Inc., a leading provider of Software & Services to Insurance Carriers, today announced its integration of ISO Electronic Rating Content within its standalone iFoundry Rating Engine. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics (Nasdaq: VRSK).

The program will enable property/casualty insurance carriers using ISO rating to rapidly launch ISO lines and streamline the handling of ISO circulars. Support of ISO Electronic Rating Content (ERC) delivers unprecedented ability for p/c carriers to absorb ISO content for faster time-to-market, accuracy, and reduced premium leakage.

ISO typically makes 3,000 to 4,000 program changes a year.

"Maintaining rates, rules, and forms is a complex and labor-intensive process. While ISO-provided information is extremely valuable to carriers, the process typically used within insurance companies is manual, involves a large number of functional areas, and is generally inefficient. Rating solutions that have comprehensive support for ISO Electronic Rating Content can significantly accelerate time to market, reduce premium leakage, and lower costs," said Karlyn Carnahan, principal analyst, Novarica.

"The level of support that iFoundry offers for ISO rating with ISO Electronic Rating Content positions iFoundry Rating Engine as the most advanced standalone rating solution available to Insurance carriers," said Raj Samanthapudi, CEO of ValueMomentum, Inc."This furthers our strategy of providing market-leading solutions that help carriers differentiate in the marketplace with sophisticated product lifecycle management tools manifested in iFoundry Rating Engine and iFoundry Product Configurator."

Kevin Thompson, president of Insurance Programs and Analytic Services at ISO, said, "We're pleased to welcome ValueMomentum to the ISO Electronic Rating Content Associates Program. It's an exciting opportunity for us, for ValueMomentum, and for our common customers."

About ValueMomentum ValueMomentum provides technology services and business software to insurance, financial services, and health payor firms. Our customers like working with us because we deliver value to their initiatives, thereby, driving their momentum. ValueMomentum does this by applying a time-tested formula of combining strong technology expertise with deep industry experience.

ValueMomentum's software for insurance carriers includes iFoundry Rating Engine, iFoundry Product Configurator, and DealFoundry Underwriting and Portal. For more information, visit

Contacts: Abhijeet JhaveriTel.: +1 (908) 755-0370 Email:

SOURCE ValueMomentum, Inc.

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!

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 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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