Boston —
The new features are designed improve the quality, performance and usability of the real-time solutions that Boston-based AgencyPort provides for carriers and their agents.
New AgencyPortal 3.7 features include: AP QuickQuote. This 3.7 feature is designed to make it simple for agents to generate online quotes quickly—whether uploading policy data from an agency management system or keying it in at a carrier’s site. AP QuickQuote leverages all of AgencyPortal’s features, including a simple, easy-to-use Web experience and rules technology to provide a full-featured AP QuickQuote application. Used with AgencyConnect, it provides the best “straight-to-quote” upload experience in the industry. Other AP QuickQuote characteristics include the ability to save and copy quotes, run underwriting rules, provide quote letters and other documentation, interface with company and third-party data sources and allow underwriters a view of submissions.
AgencyPortal 3.7 comes with a new, built-in transaction validation engine and data correction capability. With this technology, carriers can give agents a more streamlined new business-bridging experience. AgencyPortal can examine inbound uploaded policies to validate the data and identify where data issues are in real time. Data correction routines, which are all expressed within the carrier-configurable AgencyPort Product Definition, can then be run to correct invalid or missing data values. For example, this helps correct mismatched policy values by rounding up (or down) to find the best match or substitute missing values.
With 3.7, agents can now create user preferences that can be applied to new work items and uploaded policies. Users can save away values from a work item and use them later as defaults when pre-filling data. These defaults also can be used during a policy upload when data correction has not addressed all of the data issues.
New AgencyConnect 3.0 features also include data correction. Leveraging the same technology applied in AgencyPortal 3.7, carriers using AgencyConnect 3.0 have the ability to validate incoming policy information—identifying where data issues are in real time. Additionally, carriers can configure data correction routines to make corrections to invalid or missing policy information.
Interview—a Web-based application—presents agents with a succinct overview of data gaps and guides them through the issues to make selections quickly and efficiently.
“These, and other product enhancements, are the result of extensive and ongoing research,” says Eric Harnden, CTO at AgencyPort. “Agent/Company workflow and efficiency are at the core of every technology decision we make at AgencyPort. We continually ask agents and underwriters what they need; we come back to them with ideas; and together we test drive the products over and over until we get it right. In the end, it means we bring to market solutions that work in the real world.”
Source: AgencyPort
