Oak Ridge, TN, December 08, 2017 --(PR.com
)-- Appalachian Underwriters, Inc. (AUI) has selected ValueMomentum’s iFoundry Rating Engine and BizDynamics software for enabling rating and online quoting for AssetGuard Personal Lines program for valuable personal articles.
AUI has offered AssetGuard for some time. However, the quote and policy issuance process at the time relied heavily on manual processes.
“The program was very well received and we wanted to enable online rate-quote-bind to our agents,” said Bob Arowood, Principal of Appalachian Underwriters. “When we evaluated ValueMomentum’s rating software and digital engagement platform we realized it would be a good fit to help us continue our tradition of ‘Making Business Easy’ for our agents. It provides us the flexibility to configure and launch online rating and quoting for our agents.”
“We had a meeting of the minds from our very first conversations with the entrepreneurial team at Appalachian Underwriters. Our goal is to provide MGAs and insurance companies access to the modern technology they need to execute like the insure techs,” said Abhijeet Jhaveri, Chief Marketing Officer of ValueMomentum. “We welcome Appalachian Underwriters as a valued customer of ValueMomentum and look forward to helping them harness the powerful digital forces in their efforts to navigate the opportunities facing the property/casualty industry.”
Appalachian Underwriters, Inc. is a full-service MGA and Wholesale Insurance Brokerage, providing independent agents a national outlet to multiple specialized markets for Workers’ Compensation, Commercial Specialty, and Personal Lines of insurance. Principals of Appalachian Underwriters are Bob and Bill Arowood.
ValueMomentum provides software and services to Insurance, Healthcare, and Financial Services firms. Customers choose ValueMomentum due to the company’s track record of delivering value and driving the momentum of customers’ business initiatives. ValueMomentum accomplishes this by applying a time-tested formula of combining strong technology expertise with deep industry experience.