RealTimeExpress® Comparative Rater Quotes Now More Than 200%
Faster for CNA
Quantum Integrated Systems has
slashed comparative rater online quote response time for
hundreds of CNA’s business owners policy classifications
available for online quoting with Quantum’s RealTimeExpress®
and Combined Group’s QuoteExpress service.
Dallas, TX (PRWEB)
September 27, 2011
Quantum Integrated
Systems’ RealTimeExpress® comparative rater just got a
big speed boost for online quoting of small business
owner policies from CNA, one of the nation’s largest
commercial insurers.
Quantum Systems and CNA have completed an extensive
project that added XML technology to many of CNA’s
commercial insurance classifications. As a result,
insurance brokers and agents using RealTimeExpress
throughout the United States are getting faster online
CNA quotes for Small Business accounts.
Mark Van Horn, president of Quantum Integrated Systems,
said the substantially improved performance is already
helping insurance professionals become more competitive.
“The purpose of a comparative rater is to help agents
and brokers get accurate, bindable quotes as quickly as
possible,” Van Horn said. “In this business, every
minute we can cut out of the process is money in the
bank for field agents operating in a very competitive
environment.”
Comparative raters allow agency sales staffs to input
data one time and receive quotes from multiple
commercial insurance carriers in a matter of minutes.
Agents save time and avoid potential errors by not
having to input data into multiple carrier rating
engines in order to get multiple quotes for one
customer.
According to Belen Tokarski, assistant vice president of
Technology and Agency Solutions for CNA Small Business,
decreasing processing time for online quotes also puts
CNA in a stronger competitive situation. “Thousands of
dollars of revenue can be at stake with any given quote
scenario,” Tokarski said. “The agent who can produce the
best quote in the least amount of time has a great
advantage, so this project was a high priority for CNA.”
Van Horn continued, “This was a team effort all the way.
It’s good for Quantum and CNA, but the real winners are
the commercial insurance agents who count on
RealTimeExpress to help them do their jobs.”
About Quantum Integrated Systems
Quantum Integrated Systems, a leader in SEMCI
development and supplies a wide range of software
products and services to the insurance financial
services industries. Established in 1991, the company’s
flagship RealTimeExpress Software as a Service
comparative rater product streamlines the quoting
process for commercial insurance agents. Corporate
Website:
http://www.realtimeexpress.com
About CNA
Serving businesses and professionals since 1897, CNA is
the country’s seventh largest commercial insurance
writer and the 13th largest property and casualty
company. CNA’s insurance products include standard
commercial lines, specialty lines, surety, marine and
other property and casualty coverages. CNA's services
include risk management, information services,
underwriting, risk control and claims administration.
Please remember that only the relevant insurance policy
can provide the actual terms, coverages, amounts,
conditions and exclusions for an insured. All products
may not be available in all states. CNA is registered
trademark of CNA Financial Corporation. For more
information, please visit CNA at
http://www.cna.com.