ITC Launches Homeowner Rating API for Online Agencies and Lead Providers
Insurance Technologies Corporation (ITC), a provider of agency marketing, rating and management software and services, made homeowner insurance rates available via its web service-based rating API today.
Carrollton, Texas – Wednesday, November 2, 2016
– Insurance Technologies Corporation (ITC), a provider of agency marketing, rating and management software and services, made homeowner insurance rates available via its web service-based rating API today.
Through this service, agencies, carriers, lead providers, and online aggregators can get rates from more than 40 homeowner carriers through a single quote request. Covered Insurance Solutions is the initial launch partner for ITC’s homeowner rating API.
“Our goal is to enable an open and growing insurance market,” said Laird Rixford, president of ITC. “Offering homeowner rates via our API helps us with that goal as it allows our customers to put the rates from our system into the technology and workflows that work best for them. The insurtech space is growing, and we saw a need for this service. We’re excited to be a part of helping the insurance industry meet the demands of modern consumers.”
In 2010 ITC modified its comparative rating system
into a service oriented application so third parties can use the program’s features from any Internet-based system. The API delivers additional functionality, including the ability to receive different pay plans and get rates for a single agency or multiple agency/carrier relationships.
In addition to homeowner insurance rates, auto insurance rates from more than 180 companies are also available via the API.
Insurance Technologies Corporation (ITC), founded in 1983, is a leading provider of agency marketing, rating and management software and services to the insurance industry, including independent agents and insurance carriers. Headquartered in Carrollton, Texas, ITC helps its customers across the United States grow their businesses and become more efficient through the philosophy of providing quality software and services. Currently, ITC serves more than 200 insurance companies and more than 6,000 agencies. For more information, visit us online at GetITC.com or follow us