InsureMO ISO Middle Office

InsureMO ISO Middle Office allows insurers to roll out products quickly and apply ISO circular updates of choosing easily will require a new and different method to incorporating ISO’s data requirements into their own proprietary policy admin data model. But it’s too late if the old methods have been done.

In comes InsureMO and its ISO Middle Office platform. ISO Middle Office provides insurers with an easy, fast, simple, and cost-effective way to incorporate ISO into their product development process and policy admin system of any type.

InsureMO’s ISO Middle Office was developed with the business in mind. Roll out products timely. Update rate plans without delay. Apply ISO circulate changes of your choosing when you want them. InsureMO’s design of its ISO Middle Office separates the ISO data requirements from your policy admin data model to avoid the friction and complexity of embedding ISO data requirements into your existing policy admin system.

With minimal modification to your existing application code, InsureMO’s ISO Middle Office provides two methods of integration with your existing policy admin system.

• Install InsureMO ISO web component – fast to install; easy to use. Incorporate InsureMO’s ISO Middle Office widget as a web component into your policy admin system UI with very little effort.

• Execute InsureMO ISO APIs – have your policy admin system call InsureMO’s ISO Middle Office APIs when ready to execute an ISO-based product rating algorithm when needed.

How it works

InsureMO^® adopts Verisk’s ISO Electronic Rating Content for U.S., Boosting Insurers’ Efficiency and Speed to Market. InsureMO^® offers the next generation of Verisk’s ISO Electronic Rating Content (ERC) to the market via Out of Box Products, APIs, Product memo and runtime tools.