Applied Rater is a cloud-based insurance rating and quoting solution that helps businesses to present insurance rates to their clients. It integrates into agency websites and management systems, providing users with a single point of data entry to automate the exchange of information.
Key features include pipeline visibility via Applied Rater's configurable dashboard, integrated proposals, rates on multiple lines of business and more. Applied Rater enables users to automatically receive personalized flood proposals that include cost indication and customer waivers.
The solution also supports integration with LexisNexis, which allows users to auto-verify prospects' and customers' vehicle and residential information. Additionally, Applied Rater features built-in templates that automatically pull in rate quotes for customers in professional proposals.
Services are offered on a monthly subscription basis after one-time setup fees. Support is offered via phone, email and an online self service customer portal.
Dylan S. Specializzazione: Assicurazioni Numero di dipendenti: 2-10 dipendenti
Applied Rater overall works great and is a necessity in the insurance industry.
This product saves so much time when rating insurance prospective clients. This will rate multiple companies at once to save time and checking all rates individually.
The software can be a little expensive, and may not support all your companies.
The ease of integration into broker management systems and wide acceptability by insurance companies, especially given most insurance companies will honour quotes completed. Limits duplicate data entry and allows quoting all companies represented at once for easy comparison of coverage and premiums.
When trying to quote home and auto to show a client true bundle savings, often have to close and reopen quote when sifting through different insurance companies as no company has same bundle discounts. Can add extra time.
Jason S. Specializzazione: Assicurazioni Numero di dipendenti: 51-200 dipendenti
I know that it is a very expensive tool for an office to have but it's definitely needed.
The amount of detail that you can enter. This product has come a long way in the last 10 years. For property you could not quote more than one location without errors before and now it seems to be much better.
There are probably twice as many fields to complete than there was even 10 years ago. It takes quite a while to enter even a simple quote as most of the fields are required to populate.
Jennifer G. Specializzazione: Assicurazioni Numero di dipendenti: 13-50 dipendenti
I am constantly looking for better rates for my clients and this allows me to do it with ease.
I like that I can easily map over the policy information for the customer I am quoting. It is a huge timesaver
It slows down my whole computer. The time it takes to actually get everything open and running is longer than I would prefer
David Y. Specializzazione: Assicurazioni Numero di dipendenti: 2-10 dipendenti
When Applied bought Semcat I was worried and my concerns have become true. Since Fall of 2015, the rates is junk. The company keeps claiming a fix is on the way. Over promise, no delivery. Stay far, far, far away. Was a tremendous product, now a headache and useless. Applied just takes my money and provides little return.
Used to be the best on the market.
Useless since Windows 10 came out