JERSEY CITY, N.J., June 5, 2006 — ISO's Automobile-Property Loss Underwriting Service (A-PLUS™), the property/casualty insurance industry's only loss history database for commercial lines underwriters, has extended its early adopters program through the end of 2006. Carriers that sign up for the program and contribute commercial lines loss data to the A-PLUS database are eligible for special pricing through 2007 and beyond.
A-PLUS is already an industry leader for personal lines loss histories to underwriters. Over 1,350 companies provide personal lines property data, and more than 900 companies provide auto claims information to these systems.
“A-PLUS is making a significant investment in expanding our existing commercial lines databases to provide more comprehensive, in-depth loss history reports to commercial lines underwriters,” said Steven Craig, general manager of A-PLUS. “ISO is committed to ensuring that our leadership in the personal property and automobile claims space is replicated in the commercial lines arena.”
Craig said companies writing small business commercial coverages (property and auto) can take advantage of the program to contribute claims data to A-PLUS by the end of this year. The early adopters program and the special pricing will end after December 31.
For more information on commercial lines loss history reports, contact Steven Craig at (201) 469-3174, or send an e-mail to scraig@iso.com.
About A-PLUS™
ISO's A-PLUS is the largest property, liability and auto claims database for insurance underwriters. With A-PLUS, underwriters can independently evaluate the potential underwriting profitability of individual personal and commercial risks and risk locations.
About ISO
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO's services help customers protect people, property and financial assets.
Release: Immediate
Contacts:
Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500
gbarone@mww.com / ehelton@mww.com