Priority Data Expands Presence

Four township partners added in Minnesota, others nationwide.

Virtual Water Cooler, December 21, 2011

Jennifer Morrell

Priority Data has added four township mutual partners in Minnesota. In October, Priority Data launched Farm and Home quoting for North Branch Mutual. The company says it also has signed agreements with Sverdrup Mutual, Madelia-Lake Crystal Mutual, and Has San Lake Mutual to launch quoting, rating and underwriting solutions in the first quarter of 2012.

These four companies join Norwegian Mutual as Minnesota township mutuals that have partnered with Priority Data for fully web-based agent quoting and underwriting solutions, says Priority.

Priority says it has customized the Agent Rating solution to handle the unique packaging approach of township mutual insurance companies in Minnesota. The agent is presented with the fire rates from the township mutual, combined with the wind, liability and inland marine rates of their statewide packaging company or companies.

Priority says partner Remington Farmers Mutual in Indiana launched Agent Rating for Home and Farm quoting on December 1. Remington Farmers Mutual’s solution integrates credit scoring via LexisNexis and e2Value’s replacement cost estimation solutions for dwellings and farm outbuildings.

Priority says it expects all new partners to have their solutions in production with their agents in the first quarter of 2012. In addition to Agent Rating, Priority provides Consumer Quote, an online consumer-facing quoting solution for insurance carriers and full business process outsourcing (data entry, scanning and mailing) for a variety of industries, including insurance, retail, law, government and non-profits.

Archive