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FirstBest Adds Automated Property Lookups

FirstBest Systems has partnered with RiskMeter Online to add natural hazard risk reports to its FirstBest Underwriting Management System.

Bedford, Mass.-based FirstBest has announced an alliance with RiskMeter Online, an automated property lookup product from Boston-based CDS Business Mapping that leverages Internet mapping software, to integrate its real-time natural hazard risk reports into FirstBest's Underwriting Management System (UMS).

Through the partnership, insurers will be able to streamline the underwriting process by eliminating instances of duplicate data entry and reduce back and forth communications between underwriters and agents. According to FirstBest, an agent or underwriter can type in the address of a given property and related natural hazard information -- such as distance to shore and distance to earthquake faults -- will automatically download into UMS forms.

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