Digital Matrix Systems Inc., a risk management solution provider, has launched DMS Insurance Attributes. Developed specifically for insurers, these attributes optimize insurance rate evaluation data, improving profitability and reducing costs.
DMS says it offers 1,700 insurance attributes to enhance existing models, support new model development and refine segmentation. The product adheres to National Conference of Insurance Legislators (NCOIL) standards and can be updated as state regulations change.
By building and maintaining connectivity to numerous data sources, DMS provides insurance carriers access to specialized data and promotes the easy adoption of new data elements, says the company.
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