Easily incorporate ISO ERC 2.0 into your products with ISO Middle Office
InsureMO now supports ISO Electronic Rating Content (ERC 2.0), which includes complete and current rating data and rules for all major ISO lines in the United States
Reduce ISO implementation time
Easily incorporate ISO ERC into your business lines
Receive automatic ISO circular updates
Decrease on-going circular maintenance
Reduce manual work, effort and save time
Dynamically compare and customize ISO content
API-led configuration across all products
Setup in days vs. months of traditional implementation
NEW! InsureMO ISO Middle Office
InsureMO® adopts Verisk's ISO Electronic Rating Content for U.S., Boosting Insurers' Efficiency and Speed to Market. InsureMO® offers the next generation of Verisk's ISO Electronic Rating Content (ERC) to the U.S. market via Out of Box Products, API's, Product memo and runtime tools.
Rate your policies in your PAS in real time
Reduce time and effort when updating ISO rates, rules, loss costs, and forms without a major information technology investment.
Jumpstart new products with ISO Middle Office
Easy setup and use InsureMO's ISO Rating service
Complete and current rating data and rules for all major ISO lines in the United States
- Update all ISO rates, rules, loss costs and forms into your Policy Admin environment as quick as you need them
- Maintain the out-of-the-box ISO circular updates automatically or when planned
- Leverage an ISO rater for rate indications and quotes or baseline filed rates against ISO rate plans
- Receive ISO circular updates and where applicable automate updates into your cloud tenant
For Technology Providers
Make InsureMO your ISO rating service
Automatically compare and customize ISO content to an your business and product lines
- Reduce the Total Cost of Ownership (TCO) for product management influenced by ISO ERC 2.0
- Rollout and maintain ISO-based product content, rates, rules and forms quickly and easily
- Establish digital channels swiftly with agents, brokers, MGAs, insurers, and 3rd parties by use of InsureMO's micro-services
Custom, scalable and API centric
Design your ISO-based proprietary product with our Digital Library
Update your ISO-based products when you want them, when you need them
- Define custom APIs and microservices quickly by leveraging over 3000 insurance product accelerators
- Establish digital channels swiftly with agents, brokers, MGAs, insurers, and 3rd parties by use of InsureMO's microservices
- Receive ISO circular updates and where applicable automate updates into your cloud tenant
- Reduce the Total Cost of Ownership (TCO) for product management influenced by ISO ERC 2.0
InsureMO® now offers on-demand capabilities from Verisk ISO ERC™
ISO ERC™ content is organized, configurable and available via API with a subscription to InsureMO®.
Update or roll out new ISO-based proprietary products
Quick roll-out and maintenance of ISO ERC 2-based product content, rates, rules, forms and loss cost.
Expand business geographically
Expand your target market with ISO-based capabilities to offer.
Benchmark against ISO rate plans
Leverage an ISO rater for rate indications and quotes or baseline filed rates against ISO rate plans.
Establish new digital distribution connection
InsureMO offers robust, scalable insurance solution that enables connectivity to the insurance technology and business ecosystem.
Implementing ISO-based rating engine
Automated updates to commercial lines rating programs combined with a state-of-the-art rating and policy management solution.
Stand up a greenfield operation
ISO or ISO-based products for new greenfield operations or for start-up insurers or MGAs can easily and quickly be set up for live operations within days or weeks.
LEVERAGE RATING SOLUTION API WITH INSUREMO
Faster go-to-market with out of the box or easy-to-clone ISO ERC
InsureMO® PaaS subscribers can now leverage the advantages of a secure, cloud-based internet architecture for high scalability and availability, a rich set of microservices and open APIs, and a configuration that supports the sales and service of products based on Verisk's ISO ERC 2 programs.
Explore the platformUse of Standardized ISO products to streamline processes
Use standard ISO products and rating out of the box or configure in InsureMO® your company specific deviations at countrywide or state level.
Spend less time interpreting and implementing ISO Circular changes
All ERC 2 circulars (approximately 70/week) are updated in InsureMO real-time.
Digital CorePAS around InsureMO
PAS vendors now can leverage InsureMO APIs for real time execution of out-of-the-box ISO and ISO-based proprietary rating, rules, forms and loss costs.
Leverage Rating solution API with InsureMO
InsureMO's ISO Rating service provides updated ISO rates for rate indications, quote proposals, and generation of binders through InsureMO supported by smart API and microservices.