Agencyport says that, under the agreement, it will integrate Valen’s InsureRight product into the AgencyPortal platform to provide agents and underwriters with a predictive analytics offering for identifying the risks associated with any new book of business. Underwriters also will be able to quickly determine whether policies have been misclassified, provide agents with real-time pricing on more policies, and faster underwriting turnaround times.
“Valen has an excellent reputation and deep experience within the predictive analytics marketplace which made for a natural choice as a partner,” says Michael McCurley, senior VP of global sales for Agencyport. “Our clients use AgencyPortal to provide agent self-service on the web and by integrating AgencyPortal with Valen, our customers can now make better and faster decisions around approving policies.”