COLLEGE STATION, TX, Dec. 21, 2005 — In a marketing agreement with IBQ Systems, ISO's Insurance Information Exchange (iiX) unit, a leading provider of insurance underwriting information, will integrate its credit, claims and motor vehicle reports (MVRs) on the IBQ platform for easier access by insurers and agents.
iiX is a premier provider of motor vehicle reports, credit scoring, and A-PLUSTM auto and property claims history reports to the insurance industry.
IBQ Systems provides comparative rating and policy processing solutions to independent agents for several insurance companies.
Under the agreement, insurers and their agents can now access iiX's underwriting information, including A-PLUS property and auto claims history reports, MVRs and credit scoring from IBQ Systems. IBQ's integrated suite of insurance products includes rating programs, application software and administrative modules that allow carriers to offer virtually any type of insurance to their agents.
"Seamless access to iiX solutions on the IBQ platform will immediately benefit both carriers and their agents," said Sean Quillivan, iiX general manager. "The integration will streamline underwriting efficiency, while saving money and enhancing agent productivity."
"Many of the agents and the companies on our platform wanted a choice for their underwriting information," said Bruce Hopkins, vice president of Business Development for IBQ Systems. "We're excited to integrate with iiX and offer their services to our customers."
For more information, contact Robby Hobbs of iiX at 1-800-299-7099 x8249 or by e-mail: email@example.com. Or contact Bruce Hopkins of IBQ Systems at 1-877-444-0208 x206 or by e-mail: bruce.Hopkins@ibqsystems.com.
A member of the ISO family of companies, iiX is a premier provider of motor vehicle records to insurance professionals and employers. iiX also offers an assortment of underwriting reports to the insurance industry, as well as an array of employment screening services to the employment marketplace. Reports are available to customers through a variety of methods, including ExpressNet, an easy-to-use web-based solution. For more information, please visit www.iiX.com.
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO's services help customers protect people, property and financial assets. For more information about ISO, visit www.verisk.com/iso.
About IBQ Systems
IBQ Systems is an application service provider (ASP) focused on increasing productivity in the insurance industry via the Internet. IBQ's suite of policy processing products enables real-time data exchange between agents and companies. From rating to upload with integrated credit scoring, IBQ delivers a true SEMCI product. By moving the industry away from paper-based transactions, IBQ increases the efficiency of the insurance sales and maintenance process and reduces the cost per transaction. IBQ is a privately held company. For more information about IBQ, visit www.ibqsystems.com.