Mass. Auto Insurance Submissions Flow With Boston Software's SinglePoint System

NEEDHAM, MA, Feb 22 (MARKET WIRE) --
Boston Software has introduced SinglePoint, a new data-exchange system
that makes it easy for independent agents to submit Mass. auto insurance
applications to any carrier.

SinglePoint creates a standard new-business-submission process that conforms
to the agent's workflow. Instead of making agents log in and out of carrier
websites, SinglePoint lets agents transfer complete rating data from WinRater
Auto Rating Software to an ACORD new-business application.

Once the user selects the insurer, SinglePoint sends the completed ACORD app
to
the carrier's policy-processing system and returns a confirmation. The carrier,
in
turn, receives the data and maps it to the appropriate fields. Agents won't have
to
learn different workflows for different carriers or need to rekey customer
information in multiple places.

Part of the new WinRater Comparative Auto Rating Software, SinglePoint was
created in response to Mass. auto managed competition.

Users will be able to submit business to both voluntary carriers and the
Massachusetts Auto Insurance Plan (MAIP) for assigned-risk policies.

"Given new workflow demands on agencies, a standardized submission
processis a necessity," said Charles Walsh, Boston Software director of sales
and
marketing. "Agents can't afford to spend all their time navigating in and
out of various carriers' proprietary systems."

Getting an accurate quote in WinRater and then uploading the ACORD app to
the carrier via SinglePoint offers a superior, consistent workflow, he
added. CSRs and agents can then focus on qualifying risks instead of
reentering data.

More Efficiency for Insurers

"Insurers that plug into SinglePoint will give agents a simple,
user-friendly
process. By supporting SinglePoint they're supporting their agents in the
field. These carriers should win more business under managed competition," said
Walsh.

Several carriers have already signed up for SinglePoint, and Boston Software
is
expecting all other carriers in the Mass. auto market to follow.

"Universal participation is really where the significant benefits can be
gained by agents and carriers," added Walsh. "It's exciting to see agents,
carriers and vendors coming together for a common goal."

Additionally, Boston Software has plans to use SinglePoint as its
real-timerating platform of the future.

The firm named Jim Barry project manager in charge of helping carriers
implement
SinglePoint.

Based in Needham, Mass., Boston Software provides comparative and custom
rating
software to independent insurance agents and carriers. Its WinRater software,
used by more than 1,700 Mass. agencies, gives insurance agents an
exact-dollar estimate of auto and homeowners premiums and includes sales and
efficiency features to help them manage their book of business. Created in 1995,
WinRater pioneered Windows-based rating and set a new standard for speed,
simplicity, accuracy, and reliability.

Web: www.bostonsoftware.com.

Media contacts:
Henry Stimpson
Stimpson Communications
henry@stimpsoncommunications.com
508-647-0705

Charles Walsh
Boston Software
Charlie@bostonsoftware.com
781-449-8585

Copyright 2008, Market Wire, All rights reserved.

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