Boost efficiency and speed to market with ISO ERC 2

Carriers, MGAs, and Technology Providers can deploy ISO ERC 2
programs at scale across multiple products and markets.

Quick rollout and maintenance of ISO ERC 2-based products

  • Define custom APIs and microservices quickly by leveraging over 3000 insurance product accelerators.
  • Manage insurance products within a digital product library.
  • Establish digital channels swiftly with agents, brokers, MGAs, insurers, and 3rd parties by use of InsureMO’s microservices.
  • Establish greenfield or start up initiatives easily and quickly.
  • Reduce the Total Cost of Ownership (TCO) for product management influenced by ISO ERC 2.

ISO rating services

  • Supports out-of-the-box ISO and proprietary ISO rate plans.
  • Receive ISO circular updates and where applicable automate updates into your cloud tenant.
  • Leverage an ISO rater for rate indications and quotes or baseline filed rates against ISO rate plans.

Digital Core PAS

  • Enhance PAS product value and offer ISO ERC 2 (“ISO”) products natively to drive incremental revenue with ISO capabilities to existing customers.
  • Manage insurance products within a digital product library.
  • Rollout and maintain ISO-based product content, rates, rules and forms quickly and easily.
  • Monitor microservice usage across the globe and manage cloud-based services including DevOps and container management.
  • Define custom APIs and microservices quickly by leveraging over 3000 insurance product accelerators.
  • Easy and fast way to support greenfield or start up initiatives.
Update or roll out new ISO-based proprietary products
Update or roll out new ISO-based proprietary products
Quick roll-out and maintenance of ISO ERC 2-based (“ISO”) product content, rates, rules, forms and loss costs.
Expand business geographically
Expand business geographically
Expand your target market with ISO-based capabilities to offer.
Benchmark against ISO rate plans
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 connections
Establish new digital distribution connections
InsureMO offers robust, scalable insurance solution that enables connectivity to the insurance technology and business ecosystem.
Implement an ISO- based rating engine
Implement an 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 or start-up insurer/MGA
Stand up a greenfield operation or start-up insurer/MGA
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.

Empower your organization with the leading Insurance Middle Office Platform

Success
3000+ Products
Success
1000+ Insurance API's
Success
500+ Non-Insurance API's

InsureMO® now offers on-demand capabilities from Verisk ISO ERC

Faster go-to-market with out of the box ISO ERC
Faster go-to-market with out of the box ISO ERC
InsureMO® PaaS subscribers can leverage the advantages of a secure, cloud-based internet architecture for high scalability and availability.
Leverage Rating solution API with InsureMO
Leverage Rating solution API with InsureMO
InsureMO's ISO Rating service provides updated ISO rates for rate indications, quote proposals, and generation of bindes through InsureMO supported by smart API and microservices.
Digital CorePAS around InsureMO
Digital CorePAS around InsureMO
PAS vendors can leverage InsureMO APIs for real time execution of out-of-the-box ISO and ISO-based proprietary rating, rules, forms and loss costs with minimal modifications or without any modifications to the policy admin system.

Useful Resources

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