Toronto, ON (Sept. 11, 2013) – Opta Information Intelligence, creators of iClarify, are proud to announce the integration of iClarify services, providing replacement cost values, directly into the Applied CQ Rating Services system under the “Applied ITV” brand.
This latest iteration of iClarify within Applied ITV (Insurance to Value) generates replacement cost values while automatically uploading verified construction features and property valuations directly into the CSIO habitational application. This data is immediately stored for Applied brokers within their Brokerage Management System and is seamlessly uploaded to the chosen underwriting company selected by the broker.
“Applied Systems Canada has been a strategic business partner in the deployment of iClarify property validation and valuation services,” states Greg McCutcheon, President of Opta.
“As iClarify has evolved, we have focused our development efforts on driving process efficiency, enhanced customer experience, and ITV accuracy. Our direct integration with Applied CQ Rating Services provides increased value for brokers and underwriters alike.”
“We are excited to have worked with Opta in building an innovative ITV tool for the Applied CQ Rating Services customer base,” states Stephane Lacasse, Vice President of Product Management for Canada and Rating Products, Applied Systems Canada.
“We believe this latest integration of the iClarify service within our Applied ITV product will provide time saving opportunities to brokers in calculating accurate replacement cost values.”
IClarify provides point of sale, online consumer validation, and valuation solutions in Canada. Applied ITV, powered by iClarify, reduces the home valuation process from approximately fifteen minutes to two minutes, providing an enhanced customer experience. Applied ITV provides accurate property replacement cost values, updated quarterly through extensive regional analysis of the largest Canadian total loss claims and insurance restoration costs data archives.
Applied has made available full integration of iClarify through Applied ITV across Canada for all Applied Customers commencing in June 2013.
Opta Information Intelligence provides Canada’s insurance and corporate industries with tools to manage and authenticate risk information, in turn helping them become more competitive, generate business, and gain the insight required to make profitable business decisions. Visit optaintel.ca to learn more.
SOURCE: SCM Insurance Services