JERSEY CITY, N.J., April 21, 2003 — Insurance Services Office, Inc.'s (ISO) Engineering and Safety Service (E&STM) unit has introduced a new Enterprise Subscription Service that enables insurance companies to connect their extranets for agents, policyholders and risk managers directly to the E&S database for business-related risk-management and loss-control information. This user-friendly system does not require entering any passwords or identification.
The Enterprise Subscription Service will also allow insurers' employees to access E&S information directly through their companies' intranet platforms. ISO has put in place state-of-the-art security systems and encryption technologies to link E&S customers and their business partners seamlessly to E&S information on ISOnet® — ISO's password-protected Internet platform.
The new service will also allow carriers and their agents to distribute proprietary E&S information to policyholders more quickly and efficiently and at a lower cost.
This new capability for intranet connectivity by carriers — available only to insurers subscribing to this new service — makes it easier for E&S customers to access E&S information directly from remote locations. In addition to serving loss-control professionals, this new functionality helps underwriters requiring business-related information to assess risks.
The Enterprise Subscription Service also eliminates the need for insurers' employees to register individually for E&S on ISOnet.
Safeco Corporation is the first insurer to make the E&S database of loss-control and risk-management information available to independent agents serving commercial accounts.
"The E&S database is a valuable resource for our agents to differentiate themselves by providing technical and risk-management information to their clients," said Bill Miele, vice president of risk services for Safeco Business Insurance. "Agents can connect to the E&S database through our agency website, Safeco Plaza, and provide policyholders with information to help prevent accidents and manage risk."
For more information on the E&S Enterprise Subscription Service, contact William F. Hauswirth at whauswirth@iso.com. Information can also be obtained from ISO Customer Service (1-800-888-4476) or info@iso.com.
About Engineering and Safety Service
ISO's E&S unit is a leading provider of information and services in loss control, risk management, safety and risk reduction in industrial, commercial and residential environments.
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 analytical and decision-support products; consulting; data processing; and technical, statistical and actuarial services. 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 customers with the most advanced technologies to assess and manage natural and man-made extreme-event risk. Through its ISO Claims Services, Inc. (iiX unit) and Intellicorp Records, Inc., subsidiaries, ISO provides motor vehicle reports and criminal-records information and through its AscendantOne unit delivers policy-management and rating solutions. 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