SEATTLE, WA (April 12, 2013) - Multico Rating Systems (www.multico.com) and American Strategic Insurance (www.americanstrategic.com)(ASI) have announced the release of real-time Homeowners insurance rates in Oregon through Multico's single-data-entry comparative rating platform, Multico-Online™.
Multico-Online is Multico's web-based rating system that provides a combination of traditional manufactured rates and carrier direct real-time rates, integration to carrier point-of-sale systems, agency management systems, and other third-party software.
'In order for agents and brokers to stay competitive in the marketplace, they need single-entry access to accurate credit affected premiums for multiple carriers' said Charles Anderson, President of Multico Rating Systems. 'Multico-Online solves this need and ensures that rates received from real-time rating partners like American Strategic Insurance, are the same rates a producer would have received if they had been requested from the carrier directly.'
'Local, independent agents are vital to our success and we're always looking for new ways to support them,' said Deepak Menon, ASI's director of marketing. 'Multico-Online's real-time rating tool facilitates the sales process while allowing our agents to deliver an exceptional level of service to ASI policyholders. We are pleased to work with Multico Rating Systems in providing ASI agents with access to real-time rating through the Multico-Online platform.'
About Multico Rating Systems
Multico Rating Systems, headquartered in Seattle, Washington, has been a pioneer in the insurance software industry since 1986. Multico specializes in point-of-sale systems for insurance carriers and premium comparison and consumer access quoting for independent agents. More information can be found at http://www.multico.com.
About American Strategic Insurance Corp.
ASI was established in 1997 and is rated A (Excellent) by A.M. Best Co., which assesses the financial strength of insurance organizations around the world. The company has nearly $840 million in premiums written and more than $410 million in policyholders' surplus. To learn more about ASI, visit www.AmericanStrategic.com.
Update: ASI rates for Washington were added 5/7/2013.