“I-Company provides a uniform interface between BMS vendors and the insurance carriers. The solution is able to handle the complexity of any data exchange integration requirements while providing a carrier with any complementary functionality to complete their real-time data exchange feature set."
Brad Powell, Director of Software ArchitectureEnables the broker to upload new business and policy change transactions to the carrier and receive back a real-time transaction issuance, a message that the upload is held for underwriter review, or messages indicating missing/invalid data.
Provides direct quoting to the carrier or can offer manufactured quoting on behalf of the carrier. New business and policy change (endorsements and cancellations) quoting is supported. Both direct and manufactured rating provides the BMS with premiums, data validation messages, and underwriter rules messages.
Enables the carrier to better define its products within the BMS and make changes more quickly. By allowing the carrier to define product options and required data, Pre Call increases the likelihood of a successful quote and upload.
Synchronizes the data from the carrier with the data in the broker’s system for accurate policy change requests. Policy transactions can be downloaded broadly at the broker level or more narrowly at the policy level.