Bass Underwriters Selects ClarionDoor’s Cloud Rater
State-of-the-art rating solution now supports ISO Lines via content from ISO ERC.
Santa Barbara, CA – October 6, 2015 – ClarionDoor, LLC (ClarionDoor), a cloud-based rating provider for insurance companies, managing general agencies (MGAs), and insurance organizations across all lines of business globally, is pleased to announce Bass Underwriters Inc. (Bass Underwriters) has signed an agreement to license ClarionDoor’s Cloud Rater, which now supports ISO rating content via ISO Electronic Rating Content (ERC).
Bass Underwriters, one of the largest property and casualty (P&C) MGAs in the U. S. by premium, selected the ClarionDoor’s Cloud Rater to further empower underwriters with a high-performance rating solution that provides access to ISO ERC in an easy-to-use, web-based quoting platform. Utilizing ISO ERC, ClarionDoor will seamlessly provide Bass Underwriters with future ISO rating updates.
“Our rating requirements called for a cloud-based, modern technology solution built to ACORD standards,” said Ed Jackson, CEO for Bass Underwriters, of the decision to select ClarionDoor as the company’s rating partner. “We have complete confidence in ClarionDoor’s ability to work with our IT department to integrate our user interface with their black box rating solution.”
As noted, once integrated with ClarionDoor’s Cloud Rater, Bass Underwriters’ existing portal, Bass On-line, will function as the user interface (UI) for underwriters utilizing the rates, rules, algorithms, and an ACORD XML web service for ISO general liability which this new black box rating solution provides.
“We are excited to partner with Bass Underwriters and their IT team on this rating initiative,” said Patrick M. McCall, chief sales officer at ClarionDoor. “We expect the integration phase to be completed in a matter of weeks. Bass Underwriters is well-known as a reliable, reputable wholesale broker and MGA, and we are happy to have secured their business.”
ClarionDoor’s Cloud Rater is part of the company’s Insured Rating, a feature-rich, flexible rating solution supporting ISO loss costs and non-ISO rates which has been developed from the ground up to operate, perform, and scale exclusively in the cloud. ClarionDoor’s modern technology platform provides all the tools and services necessary for rating any line of business, algorithm, or transaction type.
“We are happy to offer ISO Electronic Rating Content to the MGA marketplace via ClarionDoor’s Cloud Rater,” said Mark Sheehan, head of ISO Rating Solutions.
ClarionDoor delivers enterprise-class, web-based rating and quoting solutions to insurance organizations across all lines of business via the company’s flagship product, Insured Rating. By embracing cloud technologies, industry standards and a Software-as-a-Service (SaaS) delivery model, ClarionDoor’s experienced team of insurance and technology professionals helps insurance organizations quickly generate accurate, real-time insurance quotes and on-demand reports via Insured Rating’s integrated analytics capabilities. For more information about ClarionDoor or Insured Rating, please contact Patrick McCall at 570.645.5050 or firstname.lastname@example.org, or visit the company’s website at www.clariondoor.com.
About Bass Underwriters
Located in Plantation, FL, Bass Underwriters Inc. is a rapidly growing insurance broker/managing general agent. We partner with independent agents in securing excess and surplus lines of commercial property and casualty insurance. We currently operate in 15 offices nationwide. For more information, visit www.bassuw.com.