Assistance for Usage-Based Insurance coverage and Telematics enable Providers, MGAs/MGUs, Program Supervisors, and Wholesalers to access brand-new market chances
Brea, CA, May 24, 2017– Today, XDimensional Technologies announced the XD Insurance coverage Processing Platform ™ now supports Usage-Based Insurance coverage (UBI) and Telematics, which broadens market access and chances for its clients across all classes of insurance. Rather than a set term length, Usage-Based Insurance coverage provides a pay-as-you-go model, or a per-event charge. In addition, Telematics provides thorough usage information that identifies the conditions and operations utilized for threat reduction and rates.
Rodney Essence, CEO states, “The XD Insurance Processing Platform and its circulation capabilities are presently benefiting the insurance worth chain for Providers, MGAs/MGUs, Program Supervisors, and Wholesalers, by creating thorough company solutions that deliver insurance programs to market quickly, simplify item circulation, speed up business growth, and improve success.”
“Now, with our platform’s assistance for Usage-Based Insurance coverage (UBI) and Telematics, insurers can provide access and brand-new methods to markets such as automobile, trucking, shipping, pop-up shops, 1099-based businesses, aviation, unmanned aerial automobiles, and more. Many sectors of these markets which were previously unattainable due to high friction expenses and prohibitive terms, are now both rewarding and available.”
The XD Insurance coverage Processing Platform’s foundational capabilities consist of:
- Multi-Channel Automated Submissions
- Rules-based Underwriting, Ranking, Quoting, and Policy Issuance
- File Management, Reporting
- Full Policy Lifecycle Maintenance
- Full General Journal Accounting, Billing, and Commissioning
- Reporting and Analytics
- CRM and ARM (firm relationship management) for Wholesale Distribution
- 24/7 Insured and Retail Agent Access Websites
Organizations ought to go to www.xdti.com, or contact XDimensional Sales, to read more about the The XD Insurance Processing Platform.
About XDimensional Technologies, Inc.
. XDimensional Technologies®, Inc. (www.xdti.com) based in Brea, CA, establishes and markets thorough insurance processing and circulation solutions, that empower and connect agents, brokers, wholesalers, MGAs/MGUs, program carriers, administrators, and policyholders, driving effective company production, remarkable customer care, and insightful company management. These solutions are provided through the XD Insurance Processing Platform ™, and the Nexsure® Agency Management Platform (www.nexsure.com). The platforms are scalable, safe, Cloud-based (SaaS), and engineered for the Web.
XDimensional’s Home office lie at: 145 South State College, Suite 160, Brea, CA 92821
Tim Hardine, Sr. Vice President
Phone: (714) 482-9590
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