JERSEY CITY, N.J., Feb. 24, 2004 — Auto insurers are now able to receive accurate, comprehensive Vehicle-Registration Reports on their policyholders from Insurance Services Office, Inc.'s (ISO) A-PLUSTM unit, making it easy to assess auto risks before underwriting them.
The user-friendly A-PLUS system instantaneously retrieves reports when search criteria, such as vehicle identification number (VIN), policyholder's last name and address, or license plate number, are keyed in.
The new A-PLUS service is available in all but eight states (Arkansas, California, Georgia, Hawaii, Indiana, Oklahoma, Pennsylvania and Virginia). A-PLUS will expand its vehicle-registration service when information is available from these states.
Search results may vary by state, depending on the criteria used and the state in which the vehicle is registered. Most users, however, will receive the following information from A-PLUS:
- Vehicle's year, make, model, body style and VIN
- Name and complete address of individual who registered the vehicle
- Name of any cosigner or second owner, if applicable
- Registration expiration date
- Plate type, such as regular, vanity, dealer or commercial
- Name of leasing company, if applicable
- Whether the vehicle's title is "branded," indicating an unusual condition in its history, whether junked, salvaged, flood damaged or the like.
Vehicle-Registration Reports are delivered via ISO PassportSM — ISO's enterprise-based delivery system that supports Internet access, mainframe-to-mainframe interactive capability and batch processing. The advanced search technology underlying ISO Passport allows fast, efficient retrieval of critical underwriting information — no matter where it resides.
For more information on A-PLUS Vehicle-Registration Reports, contact Steven Craig at (201) 469-3174 or by e-mail at scraig@iso.com.
About ISO
ISO is a leading source of information, products and services related to property and liability risk. For a broad spectrum of commercial and personal lines of insurance, ISO provides data, analytical and decision-support products; consulting; data processing; and technical, statistical and actuarial services. ISO field services include on-site rating and underwriting services and the evaluation of community loss-mitigation efforts. ISO's products help customers with sales and prospecting, underwriting, rating and quoting, customer management, policy administration, product development, claims administration and fraud detection. ISO's AIR Worldwide subsidiary provides technologies to assess and manage natural and man-made extreme-event risk. Through its ISO Claims Services, Inc. (iiX unit) and Intellicorp subsidiaries, ISO provides motor vehicle reports and criminal-records information and through its AscendantOne unit delivers rating, quoting and policy-administration solutions. Solutions from ISO's Quality Planning Corporation (QPC) subsidiary enable insurers to identify auto premium leakage and recover lost premium. In the United States and around the world, ISO serves insurers, reinsurers, agents, brokers, self-insureds, risk managers, insurance regulators and other government agencies.
Release: Immediate
Contacts:
Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500
gbarone@mww.com / ehelton@mww.com