Category Archives: Business: Insurance

Press Releases from the Insurance world, What’s new, Popular, Trending and News Worthy. In the ever changing industry of Insurance.

Where To Find Multiple Car Insurance Quotes


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“Getting multiple car insurance quotes will help drivers find better coverage, at fair prices. Compare multiple quotes, for free, on our website!”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has released a new blog post that explains where drivers can get multiple car insurance quotes online and compare prices.

For more info and free car insurance quotes online, visit http://compare-autoinsurance.org/where-to-get-multiple-car-insurance-quotes/

The Internet has helped many policyholders find better rates, better offers and overall, keep premiums low. Online quotes have proven to be invaluable price comparison tools. It is recommended to consult prices online before renewing contracts, dropping coverage or switching carriers. Get free online car insurance quotes and compare prices at http://compare-autoinsurance.org/.

There are several options for getting car insurance price approximations:


  • Visit an insurer’s website. The online user who visits the insurer’s official website will work with a dedicated questionnaire. This form will ask all the relevant questions for the insurance companies. The answer will be quantified using a company-specific algorithm and the rates will be calculated. Result pages may be highly interactive, allowing the user to change some settings and update prices, presenting insurability scores, recommendations and so on. In the end, the user will get really accurate quotes and will be able to purchase coverage immediately after receiving the quote.
  • Brokerage websites. These websites work with multiple insurance companies and promote their products. After providing the ZIP code, they display all available companies in the area. Some brokerage websites simply redirect to the companies, while other websites contain a questionnaire, then approximate the rates for each of the partner insurers.
  • Thematic blogs or forums. These are not technically speaking, quotes, but rather testimonials. For example, BMV owners may look for blogs and forums where other BMV owners discuss various topics. Inevitably, the car insurance topic will be present and owners will tell more about how much they pay and other relevant insurance experiences.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org.

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How To Lower The Car-Theft Risk


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“The market offers numerous devices that will help you avoid car theft. Plus, follow the tips we have offered and you will not have to worry about your car being stolen”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has released a new blog post that explains how to protect a car against theft, thus reducing car insurance costs.

For more info and free car insurance quotes online, visit http://compare-autoinsurance.org/6-steps-to-lowering-your-risk-of-car-theft/

Car theft is still a major concern for all drivers. Although the number of stolen cars has dropped due to modern devices and tracking systems, only in 2016 there were reported close to 800.000 stolen cars in the United States. Drivers should implement preventive measures. Find out how to protect the car against robbers and get free car insurance quotes from http://compare-autoinsurance.org


  • Install efficient and noisy alarm systems. A noisy alarm system is a strong deterrent to thieves. Rooky-thieves will certainly get scared. It will draw attention that something is happening. And thieves do not like to be seen in action.
  • Look for door, tires and engine immobilizers. There are many systems on the market that will prevent a thief from stealing the car without the proper removal control or access card. Look for kill switch systems or systems that require smart keys. Furthermore, some car makers have incorporated biometric reading systems in their cars, like fingerprint entry or touch ignition with fingerprint reading.
  • Turn off the engine before leaving the car. Do not let the car with the engine running while unattended, even if it is for a short time. A car with a running engine is basically an invitation for any nearby thief
  • Do not let valuable items on plain sight. Cars with really valuable belongings exposed immediately become a target for thieves. They will certainly do their best to reach expensive smartphones, jewelry or really price entertainment systems that are seen from outside.
  • Choose a safe parking spot. It is recommended to park the car in areas under camera surveillance and with proper public lighting. Of course, parking the car in a personal garage is the best choice.
  • Install tracking systems. GPS tracking systems have evolved so much in recent years. Police officers are able to track a car with pinpoint accuracy. Look for high-performance devices with programmable settings.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org

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Best Car Insurance 2020 – Why Online Quotes Are Better Than Phone Quotes?


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“Getting online car insurance quotes is not just a trend, it is a necessity in our modern world. Time is valuable and it should not be wasted on old-school methods. Why lose hours, or even days, when you can get results in just a couple of minutes?” said Russell Rabichev, Marketing Director

Compare-autoinsurance.org has released a new blog post that explains why online car insurance quotes are far better than online quotes.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/why-are-auto-insurance-quotes-online-better-than-phone-quotes/

Shopping online has become a necessity for most of us. Keeping pace with a highly active and busy society means that some shortcuts must be used. Drivers looking for car insurance quotes should obtain them online. They do not longer have to make visits directly to companies or to spend endless minutes on the phone. Use http://compare-autoinsurance.org to get free quotes and find affordable coverage!


  • There are several disadvantages to getting quotes via phone. First of all, a client has to wait until someone answers the phone, then the call is redirected to a nearby agent. Then, the talks can be very time-consuming. Overall, it can be really time-consuming. And this for just one quote. In order to get a bigger view of the market prices, a client must get at least 5-10 quotes.
  • Making mistakes when getting quotes via phone is not recommended. Things get a bit more complicated when getting phone quotes. If the caller makes a mistake, the quote must be redone. Is not as simple as pressing a “back” button and correcting the error.
  • Using websites is the best way to get quotes. A potential customer can get quotes from either each insurer’s website or from specialized brokerage websites. Brokerage websites allow a person to input data once and get multiple quotes.
  • Get a better view of the available discounts. When completing online questionnaires, the user will be asked specific questions that will grant discounts. For example, a driver may be asked about existing safety devices, recent traffic violations and claims, graduating defensive driving or bundling options. And some discounts are really valuable, around 20% off the premium value, thus saving the policyholder several hundred dollars.
  • Online quotes do not expose the user to cunning agents. Getting estimates online does not expose a client to pushy agents or to manipulative sales tactics which may be used to convince someone buy a specific policy.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org

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Andesa Services Introduces Employee Student Loan Repayment Benefit


“We are excited to team up with Gradifi’s innovative solution to ease our administrative burden and provide relief to our employee-owners.” – Ron Scheese

Andesa Services, Inc., the leading provider of cloud-based Policy and Plan Administration solutions to life insurance, annuity carriers and benefit participants, announced today that they have signed with Gradifi to offer a Student Loan PayDown Plan (SLP Plan®) benefit.

By signing with Boston-based Gradifi, an innovator in employee benefits for U.S. employers, Andesa is joining the ranks of some of the most progressive companies in the country, companies like Peloton and Honeywell, leading the nation in providing next generation benefits to the new generation of workforce.

Beginning January 1, 2020, Andesa will use Gradifi’s intuitive and secure platform to contribute directly toward employees’ student loan principal on a monthly basis. These supplemental contributions help Andesa employee-owners potentially shave years off their loans and alleviate a significant source of workplace stress.

An employee led committee undertook a comprehensive review of Andesa’s compensation and benefits offerings this past year. “Through conversation with some of our young professionals, this benefit became a priority heading into 2020,” said Ron Scheese, President & CEO. “We are excited to team up with Gradifi’s innovative solution to ease our administrative burden and provide relief to our employee-owners.”

“We want to build a brighter future for the workforce today, and we know that starts with providing greater financial wellness. Employers have a unique opportunity to make a meaningful impact in the lives of their employees based on some of their most pressing financial concerns,” said Kate Winget, SVP of Gradifi. “Andesa’s move to offer Gradifi’s SLP Plan as a benefit to their employees shows their commitment to helping alleviate that burden for their employees, as well as exhibiting leadership for others to follow suit to tackle this national crisis.”

About Andesa:

Andesa Services provides comprehensive, integrated policy administration, plan administration and support solutions for life insurance and annuity carriers and producers. Andesa began as a pioneer in the field of COLI/BOLI policy administration. Today more than 30 years later, Andesa’s integrated approach to insurance and plan administration results in efficiency gains, reduced hardware costs, mitigated compliance risk and improved market response. The Company offers a comprehensive suite of services for policy and plan administration in a secure, private cloud environment. Andesa partners with numerous insurance companies, including 6 of the top 13 life and annuity carriers, along with several top producers. The Company’s highly-experienced team of U.S.-based professionals provides insurers and producers large and small with administrative support for complex plan and product offerings.

About Gradifi:

Gradifi is an innovator in employee benefits for US employers. Gradifi’s mission is to help employers build loyalty with their workforce by providing employee benefits that positively impact their employees’ financial well-being. Gradifi offers a single-platform solution to allow employers to offer employees student loan refinancing opportunities, and employer-sponsored contributions to student loans and 529 college savings plan accounts. The E*TRADE Financial family of companies provides financial services, including trading, investing, banking, and managing employee stock and student loan benefit plans. Employee stock and student loan benefit plan solutions are offered by E*TRADE Financial Corporate Services, Inc. http://www.gradifi.com

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ProMiles Restructures as Automated Fuel Tax Reporting Business Continues Growth


According to Mr. Stroncheck, “With over 200 companies offering over 500 FMCSA approved devices, adding new GPS partners is almost a weekly event.” ProMiles is currently renovating additional office space near their home office in Bridge City which will be used almost exclusively for personnel dedicated to supporting AFTR services.

Ten year ProMiles veteran Gary Markham will become Vice-President of Regulatory Compliance. Before he joined ProMiles, Mr. Markham spent almost 19 years with Comdata serving in positions such as Director of Technical Service and as the Director of the Regulatory Compliance Services division. Mr. Markham has been instrumental to ProMiles’ efforts to serve our many commercial clients, motor carriers, and service providers. Additionally, Mr. Markham has been the lead in all government relations efforts. Most notably, Mr. Markham spearheaded ProMiles’ efforts to forge a partnership with Explore Information Services resulting in the creation of a comprehensive and fully integrated audit workbench currently being used by jurisdictions that are members of the International Fuel Tax Processing Consortium. Additionally, Mr. Markham is a member of both the IFTA and IRP Industry Advisory Committees. Mr. Markham will now be responsible for two units within the Regulatory Compliance Division; Jurisdictional Relations and Permit Services Relations. This reorganization and expansion of Mr. Markham’s duties is part of Mr. Stroncheck’s continued commitment and vision to be the industry leader in providing state of the art, innovative, and scalable products, services, and solutions to serve our commercial and governmental clients while continuing to foster an environment where compliance with all jurisdictional laws, regulations and program objectives are met.    

Former Connecticut government manager Rick LaRose is being promoted to Jurisdictions Project Lead. While Mr. LaRose is still fairly new to ProMiles, he is a nationally recognized expert in the area of tax administration for the International Fuel Tax Agreement with a focus on audit and compliance programs for both IFTA and IRP. Mr. LaRose was employed for 35 years by the State of Connecticut Departments of Motor Vehicles and Revenue Services where he conducted internal auditing, criminal investigations, led Connecticut’s implementation of IFTA, and managed the state’s IFTA auditing program. Mr. LaRose was Connecticut’s Assistant IFTA Commissioner, the National Chairman of the IFTA Audit and Dispute Resolution Committees and was a member of the IFTA, Inc. Board of Trustees. Under this reorganization, Mr. LaRose will be responsible for all government relations duties involving IFTA, IRP, and single jurisdiction weight distance taxation.

ProMiles has also added Gary Land, former General Manager of Fleet Compliance for DAT Transcore, to the team. Mr. Land brings over 22 years of compliance experience to ProMiles. As Director of Permit Service Relations, Mr. Land will be primarily responsible for working closely with over 150 permit service partners; helping them to better serve their customers as well as grow their business opportunities and improve profitability. As part of this reorganization, Mr. Land will work closely with Mr. Markham and Mr. LaRose to provide guidance and advice (where applicable) to service providers whose clients are currently subject to audit under IFTA, IRP, or a jurisdictional weight distance tax program.

Mr. Stroncheck added, “While ProMiles started automating fuel tax reporting back in the late 1990’s, the Electronic logging devices (ELD) mandate has greatly contributed to the adaptation of automation services. Not that ELD’s are inherently capable of producing IFTA reports by any means, but the availability of the raw GPS data has exploded on the market. Knowing what to do with that data and how it needs to be handled is crucial in providing accurate, and compliant reports to our end users.”

For many years ProMiles Software has provided solutions for routing, mapping and fuel tax reporting to the North American Trucking Industry. Auditors in 53 of 58 IFTA jurisdictions use ProMiles when validating distance, HOS (Hours of Service), driving time and more.

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Sagitec is Proud to be Part of the 2020 Govtech 100 Top Government Technology Companies List


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Sagitec in GovTech 100

“It is an honor to be part of this prestigious list, amongst a lot of innovative players,” said Piyush Jain, CEO, Sagitec.

The GovTech 100 is an annual list compiled and published by Government Technology as a compendium of 100 companies focused on, making a difference in, and selling to state and local government agencies across the United States.

It is a great way to recognize companies founded to solve problems unique to the public sector. GovTech 100 companies represent a growing set of scalable, digital solutions addressing the tough, complicated problems that governments face — from health care and public finance to pension administration and labor and employment.

GovTech 100 is in its fifth year now and a lot has changed in these years. Cloud has had a profound impact on technology and is changing the way people use technology. In recent years, the public sector has become more comfortable with cloud and turned to software-as-a-service solutions to make itself faster, more flexible and more effective.

“It is an honor to be part of this prestigious list, amongst a lot of innovative players,” said Piyush Jain, CEO, Sagitec. “Our goal has been to help agencies in the benefits administration industry with more advanced and scalable technologies; cloud is one of them. We will continue to invest in innovative technologies, faster processes, and domain expertise to modernize legacy systems.”

Sagitec is growing rapidly and has diversified its product offerings to healthcare and the labor and employment market to include paid family medical leave and disability insurance.

Sagitec is proud to be part of this list for the second time this year and is certain that it can help the public sector and the benefits administration industry a lot more with its focus on cloud and cutting edge technology solutions.

About Sagitec Solutions

Sagitec Solutions, LLC, is a global software provider focused on solving the most complex, business-rule driven problems with the best experts and nimblest technology. Sagitec designs and delivers complex benefits administration software – pension, labor and employment, (unemployment insurance, paid family leave, disability insurance) and healthcare solutions to clients of all sizes. Understanding that a dynamic world requires dynamic technology, Sagitec offers solutions that are highly configurable, rule-driven, and extensible by nature. With deep industry experience in software implementation and systems integration, project management, knowledge management, predictive analytics, chatbots, cloud services, consulting, hosting and software support, Sagitec is a partner clients can trust to drive their vision into action. For more information, visit: http://www.sagitec.com.

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Successful health care entrepreneur, Kyle Rolfing, joins Wellbeats’ Board of Directors


Successful health care entrepreneur, Kyle Rolfing, joins Wellbeats’ Board of Directors

Kyle’s experience gives him an intimate understanding of all phases of innovation for consumer-driven health care and workplace well-being and will help Wellbeats capitalize on our business momentum as we expand our fitness brand to workplaces across the country.

Wellbeats announced today that Minnesota entrepreneur Kyle Rolfing will join the company’s Board of Directors effective immediately. Rolfing has an extensive history of innovation in health care, including co-founding Definity Health, RedBrick Health, and most recently, Bright Health – companies that revolutionized consumer-directed health care and workplace well-being.

According to Jason Von Bank, president and CEO of Wellbeats, Rolfing will contribute valuable guidance as an expert in workplace well-being, consumer-centric health care technology adoption, and startup growth.

“Virtual fitness has seen rapid adoption and we feel the industry is at a pivotal point in its growth,” said Von Bank. “Kyle’s experience gives him an intimate understanding of all phases of innovation for consumer-driven health care and workplace well-being and will help Wellbeats capitalize on our business momentum as we expand our fitness brand to workplaces across the country.”

Wellbeats is a content and software-as-a-service (SaaS) company that develops and hosts on-demand, virtual fitness content for corporate and individual users. The company currently offers more than 500 classes and 29 channels in categories like cycling, running, yoga, high-intensity-interval training, stretching, and pre-natal fitness. Wellbeats content also includes office breaks employees can complete at their workspaces, mindfulness, and content to prepare young athletes for competitive sports.

Wellbeats’ innovation in fitness aligns perfectly with Rolfing’s history as an entrepreneur. When Rolfing co-founded Definity Health in 1999, he created a unique new space in health benefits, establishing the company as a premiere brand in consumer-driven health care before selling the company to UnitedHealthcare. In 2006, Rolfing co-founded RedBrick Health, which changed the face of employer-financed health care by applying technologies that promoted broad-based consumer health engagement to improve employee health behaviors and lower costs.

Rolfing has continued this legacy of success as the co-founder and former president of Bright Health, a consumer-focused insurance and technology company. Since its launch three years ago, Bright Health has raised more than $1 billion dollars in capital and gained “unicorn” status in a competitive category.

Rolfing earned a Masters in Business Administration from the Carlson School of Management at the University of Minnesota and is an Aspen Institute of Health Innovators Fellow. He is a frequent speaker at national health care industry conferences and academic institutions and serves as board member and advisor to several health care startups.

“I am excited to join the Wellbeats Board of Directors and to be part of the innovative work they are doing to create fitness that fits people at all ages and stages of life,” said Rolfing. “In order to create meaningful change, you have to be driven by a passion to make life better for people, and that’s exactly what I see in the team at Wellbeats. Their on-demand, virtual fitness solution is already improving workplace fitness for employers and I look forward to being part of their future success.”

Wellbeats offers more than 500 on-demand fitness classes that can be licensed by employers for employees and their families. It can also be made available as a benefit through select health plans or individual consumers can subscribe for a monthly fee through the Apple App Store. Visit http://www.Wellbeats.com to learn more about on-demand, virtual fitness for commercial or individual use.

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For more information:

Barbara Tabor, APR (651) 230-9192 / Barbara@taborpr.com / @taborpr

About Wellbeats

Based in St. Louis Park, MN, Wellbeats is a leading provider of on-demand fitness classes for use in workplaces of all sizes, on college or university campuses, multi-family housing, the U.S. military, and fitness and health clubs. Wellbeats makes fitness easy, accessible and affordable for everyone. More than 500 workout classes are available via kiosks, an online portal or via Android and iOS apps. To learn more, visit http://www.wellbeats.com or check out a sampling of the company’s fitness classes during a Facebook Live session or follow on LinkedIn.

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Cheap Auto Insurance Tips 2020


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“Drivers can obtain cheaper car insurance rates easily. All they have to do, is to follow several money-saving methods”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has launched a new blog post that presents how drivers can obtain cheaper car insurance rates.

For more info and free online quotes, please visit https://compare-autoinsurance.org/how-to-make-car-insurance-rates-cheaper/.

Everyone wants to pay lower car insurance premiums. However, in recent years, the insurance costs have been on the rise and the tendency is expected to continue throughout the entire 2020.

To lower the costs of car insurance, drivers should follow the next tips:


  • Set high deductible levels for comprehensive and collision coverage. To obtain cheaper car insurance, drivers can agree to pay more money from their budget If they have to make a claim. Policyholders should put away the money necessary for filing a claim.
  • Drive less and ask for a low-mileage discount. If a policyholder doesn’t drive his car too often, he might be eligible for a low mileage discount that typically ranges from 15% to 20%.
  • Combine multiple policies on the same contract. Policyholders can easily bundle their car insurance with their homeowner’s insurance. In some cases, a policyholder can save as much as 20% simply by bundling multiple policies into one.
  • Make the car safer by installing safety and anti-theft devices. Many insurance companies offer generous discounts for drivers that make their cars safer. Safety devices like a rearview camera, GPS tracking system, immobilizers, airbags, blind-spot detectors, various anti-theft devices will make the car safer. The value of the discounts varies depending on the type of device installed.
  • Keep a clean driving record. A driver with no traffic tickets and no accidents for a number of years is eligible for a safe driver discount. Most insurance companies will lower premium rates after three years of clean driving, while other insurers will wait even five years to provide this discount. Usually, this discount will lower insurance rates by 10%-20%.
  • Consider usage-based programs. Many insurance companies offer this type of program. Usually, a small telematics device is installed inside the driver’s vehicle. This device will send driving habits data back to the insurer. Drivers with good driving habits are rewarded with large discounts

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Car Insurance Basics 2020 – What Are High-Risk Drivers


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“You should do anything you can in order to avoid being labeled as a high-risk driver. High-risk drivers pay huge amounts of money in order to get coverage”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has launched a new blog post that explains what reasons car insurance companies consider some drivers as high-risk.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/what-are-high-risk-drivers/

Drivers should avoid being classified as high-risk by insurance companies. The premiums paid by high-risk drivers can be very high, and especially for those who are required to carry full coverage. Usually, persons who are more likely to cause accidents are considered high-risk.

High-risk drivers are classified as such for the following reasons:


  • A history of committing major traffic violations. Drivers who are involved in at-fault accidents or they are caught driving while being intoxicated are very likely to be considered high-risk by the insurance providers.
  • Drivers who have both tickets and at-fault accidents. One traffic violation is enough for a driver to be considered at a higher risk than someone with none. Some insurers offer special options that will forgive one or a few tickets and accidents. Drivers that are filing claims are more likely to be considered high-risk. In some cases, the insurance rates will go up even if a driver completes a claim for a no-fault accident. All of these unpleasant premium increases can be avoided by drivers if they purchase accident forgiveness.
  • Drivers who buy insurance for the first time. Drivers who just purchased their insurance are considered high-risk. To get rid of this label, new drivers need to be continuously insured for at least six months.
  • Policyholders with a bad credit score. One of the most important factors used by the insurers in order to determine the driver’s insurance premiums is the credit score. Drivers with a really poor credit score are considered high-risk by the insurance providers.
  • Teen drivers. The statistics show that teen drivers are more likely to be involved in car accidents. For this reason, insurance carriers classify teen drivers as high-risk.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Utilant Acquires IMTI Systems, Furthering its Leadership in the Loss Control Market


Utilant Acquires IMTI

Utilant is very excited about the IMTI acquisition and the related industry experience, customer base, technology, and data that it brings to the future of our company, said Pat Davis, CEO at Utilant.

Utilant, the provider of the P&C insurance industry’s premier loss control survey management SaaS platform, through an asset acquisition, has acquired IMTI Systems. IMTI has been a long-standing pioneer in loss control technology solutions with a history of supporting many of the top P&C insurance companies as customers over the years. The acquisition was announced today by Utilant’s management team in Buffalo, NY and the official acquisition date was December 31, 2019.

As one of the fastest-growing global InsurTech software companies today, Utilant continues to expand its market share with this acquisition, further establishing itself as the leading loss control provider and as the insurance industry’s preferred “hub” connecting insurance core systems, vendor survey companies, and InsurTech companies to help reduce losses and improve the performance of their customers.

“IMTI has played a critical role driving innovation in loss control survey management and automation for the insurance industry,“ said Douglas Falkenburg, President and CEO of IMTI Systems. “Leading in this industry since 1979 and serving our customers well has been a personal privilege and great accomplishment for our company. Along with the rest of the IMTI team, I look forward to joining Utilant and continuing to develop and push innovation into the loss control market.“

With the acquisition of IMTI, Utilant has put in place an extensive plan to seamlessly service IMTI’s customer base, allowing for IMTI customers to receive excellent customer experience and support.

“Utilant is very excited about the IMTI acquisition and the related industry experience, customer base, technology, and data that it brings to the future of our company,“ said Pat Davis, CEO at Utilant. “IMTI Systems has written the book on loss control, and we are thrilled that they can continue their legacy in the market within Utilant and jointly invest in the industry’s future with our combined loss control knowledge and expertise.”

The combined market share of the joined companies includes an expanding global footprint with an international presence in the UK and an increased depth of expertise in Jurisdictional Objects, Equipment Breakdown, and Premium Audit.

About Utilant and Loss Control 360

Utilant’s Loss Control 360 is the “best-in-class” Loss Control Survey Management Platform for P&C insurance and survey/risk engineering companies, establishing its position as the hub for connecting insurance carrier core systems, vendor survey firms, and InsurTechs to comprehensively transform the global insurance industry workflow. The solution supports Commercial, Personal, and Specialty lines, and is deployed via a SaaS model. Utilant’s Loss Control 360 platform is used by leading Insurers and top vendor survey companies around the world. The Loss Control 360 platform helps Insurers to survey and score risks for an efficient underwriting process across all lines of commercial and residential business. A typical implementation provides positive ROI within the first year. For more information visit http://www.losscontrol360.com.

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