The Insurance Carrier Rating Industry is Changing Rapidly
Insurance Carriers of all sizes are getting bombarded with difficult requests from partners for direct access to their real time rating engine.
- Agencies - More and more agencies like Zebra Insurance and Coverhound provide online rates to consumers, and hope to provide full online Quote & Bind services for all carriers products as well
- Comparative shopping sites - Sites like Compare.com and Google Compare are popping up more and more, and they also provide online rates to consumers
- Marketplaces - There is a growth in marketplaces available to carriers like those from TransUnion or Media Alpha that require real time rate calls.
- Comparative Raters - And, there are more and more comparative rater options for carriers to consider, with varying pricing structures, for providing real time rates to their partners.
Which of these are worth the investment of the precious technology resources of the carriers?
The LeadCloud Carrier Rater Platform is the solution. This unique universal adapter allows carriers to address any/all of these requests, all through one simple integration. Control is given back to the carrier, and they can choose which path is best for each and every rate call.