Decisioning Services

Writing new business is expensive.  Agent commissions are high, the time to recover the cost of new business is long, and the time spent by your agents and underwriters interferes with additional new sales or exception reviews. And, because most premiums are billed in monthly installments, you already lose a significant amount of interest on new business premiums.

Decisioning Technology from MSB helps reduce the cost of new business at the point of sale, and at the same time, helps improve underwriting compliance and risk selection. MSB’s intuitive, easy-to-use decisioning system easily integrates into your workflow at the point of sale through RCT Express™,  the industry’s leading Web-based home valuation tool. The powerful decision system streamlines and standardizes Insurance-to-Value calculations and assessments of physical hazards, and instantly makes decisions on the vast majority of applications you receive.

MSB also provides batch processing for part of or entire existing books of business and archives all property information on your MSB Express™ platform, enabling you to effectively manage your book of business without undertaking a manual reunderwriting project.

MSB’s Decisioning Technology does not replace experienced underwriters. Instead, the decisioning system frees your underwriting staff to focus their expertise on exceptional cases for improved efficiency and productivity and optimization of underwriting expenses.

MSB’s decisioning technology gives you the advantage of a single source for accessing and address-specific information on a wide array of natural hazard zones and special rating or taxation territories:

MSB’s decisioning technology team works closely with you to implement and integrate your rules-based process. The system is designed to let your business staff easily create and maintain your own unique underwriting rules. Because control of the system is in the hands of actuaries, research and development staff or underwriters, underwriting changes can be implemented immediately and consistently without the need for multiple mail or e-mail communications or expensive training sessions. 

Whether you use MSB’s Decisioning Services for new business underwriting or book of business management, you save time and money by having valuation and hazard information in one integrated application. You increase processing efficiency and underwriting consistency, sharpen your focus on the types of homes you want to insure, and ultimately improve your bottom line.