Tampa, FL, December 10, 2009 --(PR.com
)-- Two former property brokers have created a unique online (imicompany.com) resource for commercial property insurance professionals. Prior to creating IMI, Dustin Applebaum and Mat Hays saw a growing issue within the ever-changing commercial property insurance arena and an opportunity to offer solutions through a web-based technology.
“With the property market in a constant state of flux, a tremendous amount of non-revenue producing time is required to secure up-to-date underwriting information throughout the marketing process and continually monitor capacity entering and exiting the marketplace. This proves to be incredibly cost prohibitive and takes time away from the main responsibilities of client service and production” said Dustin Applebaum, managing partner.
This prompted the creation of IMI, a service offering detailed carrier information, essential daily tools, useful resources and a property specific forum. The goal is to quickly provide insurance professionals with needed information to expedite certain marketing procedures, which ultimately allows more time to focus on providing unparalleled service to existing clients and having additional time to secure new clients.
Mat Hays, managing partner added “Having been in the trenches, battling for business just as everyone else, we recognized a number of commonly accepted inefficiencies. Through utilization of available technology and dedicated resources, we developed a web-based product that provides user-friendly solutions to streamline the workflow and protect your business.”
Through IMI’s website, members have the ability to input specifics on commercial property risks that will enable the identification of those insurance companies interested in offering coverage for the entered risks. IMI has dedicated research analysts that continually monitor the marketplace and update this database as changes happen.
In addition to providing a list of markets with detailed underwriting guidelines, the user-friendly site provides its members with vital tools to assist insurance agents and wholesale brokers become more knowledgeable and efficient with their day-to-day property insurance placements. IMI’s online tools section offers comprehensive information including to property policy forms, surplus lines tax calculators, detailed COPE information, unique industry insight and much more.
A resource section includes valuable links and information that will help identify supporting companies providing a variety of services for the commercial insurance industry. Also included is a property specific forum, which allows members to interact with other industry peers to discuss on-going topics, trends, placement techniques or post any questions they may have.
Insurance Market Intelligence, LLC (IMI) is an online service providing detailed carrier information, professional grade insurance tools and resources for commercial property insurance professionals looking to place coverage in catastrophe prone areas. For additional information, please visit Insurance Market Intelligence’s website www.imicompany.com. The site offers in-depth information about their services.