10:16 AM
Liberty Mutual Agency Markets Taps Combined Group Comparative Rating Tools
Liberty Mutual Agency Markets, a strategic business unit of Liberty Mutual Group (Boston), has adopted SaaS-delivered comparative rating tools from Dallas-based Combined Group, and its technology subsidiary Quantum Integrated Systems to expand its regional companies' appointed agents' access to quote and bind business owners' (BOP) policies.
Appointed agents with America First Insurance, Colorado Casualty, Golden Eagle Insurance, Indiana Insurance, Montgomery Insurance, Ohio Casualty, and Peerless Insurance can now access Combined Group's AgentDirectExpress and Quantum's RealTimeExpress in 21 states for business owners' policies, according to an Agency Markets press release. Expansion to more states and the addition of commercial auto and workers' compensation quoting are expected to be available on the comparative rating software in 2010.
"The Combined Group and Quantum comparative raters are another set of real-time tools we're bringing to our agents to expedite the quoting process," says Peggy Scott, assistant vice president, Agency Markets, and manager, Marketing Information Management. "This arrangement furthers our goals of giving agency producers and customer service representatives a broader array of choices, eliminating data re-keying, and issuing policies quicker and more easily."
AgentDirectExpress is the Single-Entry-Multiple-Carrier-Interface (SEMCI) service Combined Group provides to agents, according to the release. RealTimeExpress is a Software as a Service (SaaS) product offering of Quantum Integrated Systems, Inc., the insurance software development company that is part of Combined Group. Quantum provides RealTimeExpress to independent insurance agencies nationwide.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio