Unirisx LLC (Radnor, Pa.) announced the integration of ISO (Jersey City, N.J.) Rating Service into the Unirisx Policy Administration Solution through an agreement with ISO. Under the terms of the agreement, according to the vendors, Unirisx becomes the first SaaS (Software as a Service) provider to fully integrate and offer ISO Rating Service, an automated insurer rate-management system. Unirisx clients will benefit from significant efficiencies through full and direct electronic delivery of the service. Unirisx also becomes a member of ISO's Preferred Partner program, which certifies full integration and the ability to offer the service to Unirisx clients.
The Unirisx policy solution gives insurers the ability to rapidly launch new products in new markets through new and existing distribution channels, according to the vendor, which adds that in most cases, Unirisx is implemented in 45 to 60 days. ISO Rating Service is a comprehensive, automated rate-management system.
"The direct availability of ISO Rating Service through Unirisx's web-based policy-administration platform further enhances a client's ability to make faster policy-development, underwriting and pricing decisions," said David Hollander, Unirisx CEO.
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio