Agencyport Software, a provider of software and services to the global insurance and reinsurance industries, announced that Quincy Mutual has gone live with AgencyConnect, a complete agency interface solution that will enable the insurer to provide real-time comparison quotes to its agent partners.
According to a release, the implementation is further evidence of an industry-wide trend of leading carriers facilitating business processes by providing a single, consistent workflow for multiple carriers-saving agents time and money and improving the overall business process.
"I'm encouraged to see another carrier supporting the use of real- time by independent agents," said Carolyn "Cal" Durland, CPCU, leader of the GetRealTime.org campaign. "Agents want real-time rating so that they can more efficiently serve their customers and we thank Quincy Mutual for its leadership in the real-time initiative. We also acknowledge Agencyport as a long-standing software partner for providing AgencyConnect to Quincy Mutual as it has to other leading carriers."
AgencyConnect processes and normalizes policy data sent by agents via ACORD AL3 or XML and securely transfers it to Quincy Mutual's back-end systems-enabling agents to submit a new quote, complete an application or make an inquiry on an existing policy.
"By using AgencyConnect and working with the professional services team at Agencyport, we're able to achieve this support for real-time rating and policy inquiry, further differentiating Quincy Mutual in the market," said Kevin M. Meskell, Executive Vice President of Quincy Mutual.
The comparison raters supported by Quincy Mutual include Boston Software's Winrater and SinglePoint, Vertafore's PL Rating, and coming soon, Webcetera's EZ Lynx. Quincy Mutual also supports inquiry from Applied and Vertafore.
"Quincy Mutual deployed AgencyConnect to improve the workflow for its agents," said Mason Power, Head of Strategy and Marketing at Agencyport Software. "The company is responding to the needs of its agents to transform complex agency interfaces into one stream of normalized data to offer a true real-time, round trip experience."
((Comments on this story may be sent to email@example.com))