MSB and Compu-Quote to Provide Industry Leading RCT EvaluRater Product Offering
May 17, 2010
MSB and Compu-Quote to Provide Industry Leading RCT EvaluRater™ Product Offering
This powerful alliance between two industry leaders will deliver significant operational improvements to Canadian insurance industry agents and brokers
Toronto, Ontario, Canada - (May 17, 2010) – Marshall & Swift/Boeckh (MSB) is announcing a newly renewed relationship agreement with Compu-Quote Inc. that will deliver a product offering to greatly improve underwriting workflow for Canadian insurance agents and brokers.
This agreement joins MSB’s industry leading technology with Compu-Quote’s comparative rating platform to offer the Residential Component Technology (RCT) EvaluRater to the Canadian insurance marketplace. MSB and Compu-Quote have had a long-standing working relationship that spans more than 20 years.
“This agreement enables both companies to strengthen our product offerings and continue to support the Canadian insurance agents and brokers,” states Salil Donde, CEO for MSB. “By reintroducing the RCT EvaluRater with MSB’s leading RCT technology, our clients will benefit from significant operational improvements that will further support their market growth.”
MSB will integrate their (RCT) technology into Compu-Quote’s powerful RCT EvaluRater product to significantly improve the process of determining residential reconstruction value, delivering both immediate and long-term workflow benefits to both Canadian insurance agents and brokers, nationwide.
Donde further states, “Brokers have an important role in the distribution of personal lines insurance in Canada. By working closely with Compu-Quote to re-establish the RCT EvaluRater product, we continue to honour our commitment of delivering real value to our clients and strengthening our long standing broker relationships.”
“Compu-Quote is pleased to reintroduce the RCT EvaluRater with MSB for the benefit of our clients. This agreement supports our primary focus of servicing the rating and underwriting needs of independent insurance brokers throughout Canada” states John Savage, President of Compu-Quote.
“Property valuation tools are an important part of ensuring that appropriate limits are established for homeowners insurance. For years, Compu-Quote has offered multiple ITV tools to the meet the diverse needs of our brokers throughout Canada, and this new offering will provide further choice to our clients,” adds Savage.
About MSB
MSB, also known as Marshall & Swift/Boeckh, is an MDA company and the leading supplier of local building cost information, residential and commercial property valuation technology and services for the property and casualty insurance sector of the United States and Canada. MSB has five offices throughout the U.S. and Canada.
About Compu-Quote
Since 1983, Compu-Quote has been Canada’s leader in the underwriting and rating software & related services. A pioneer in the industry, that continues to deliver innovative solutions for insurance companies, brokers, actuaries and providers of insurance products for consumers through the web, Compu-Quote integrates with third party data providers, as well as Canada’s leading broker management systems and company mainframe technology.
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