Quadrant Announces the Release of MapPro7, the Next Generation of Actuarial & Competitive Analytics Tools

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Tue Jul 7, 2009 10:00am EDT

  UNION CITY, CA, Jul 07 (MARKET WIRE) -- 
Quadrant has announced the release of MapPro7, the latest version of the
leading actuarial and pricing analytics tools for the Personal Lines
marketplace. Key enhancements provide superior decision making tools and
reports, a more intuitive user experience and upgraded performance.

    "This major release includes unique features and modules, such as powerful
custom reports, improved exporting capabilities and a brand-new user
interface. This was possible thanks not only our extensive research and
commitment to innovation, but also to the valuable feedback we receive
from our growing customer base," said Michael Macauley, Quadrant's CEO.

    MapPro7 allows users to access and analyze over 20,000 rate sets for
Automobile and Homeowners Insurance in all 50 states and D.C. It also
delivers information on a granular level by incorporating all aspects of a
quoting scenario, including underwriting, tier, credit, rate factors,
surcharges, discounts, pay plans and symbols.

    Other features exclusive to this latest version of MapPro include:


--  Pay plan analysis beyond premium and term analysis
--  Census data filtering
--  Automated credit and tier alignment
--  Packaged rating
    

    
Ultimately, this technology enables customers to significantly
decrease their market analysis costs, while quickly allowing actuaries,
as well as marketing and pricing departments, to competitively price
business, generate impact studies and maximize revenues and overall
profitability.

    "MapPro7 was developed using state of the art technologies," said Lawrence
Koa, Quadrant's CTO. "We utilized the Microsoft .NET framework to ensure
maximum compatibility with future Windows versions. This also enabled us
to have this new version include multithreaded processing, and optimal
performance."

    About Quadrant:

    For almost 20 years, Quadrant has been the foremost provider of
enterprise-wide insurance solutions -- from product analytics and massive
data solutions to a wide array of .NET based products. Quadrant's reliable
resources also provide fast and accurate comparative rating for pricing
analytics and Web services for a culture seeking tools to enable effective
decision making based on powerful insights and market intelligence. To
learn more about MapPro7 or any of Quadrant's Insurance Rating products,
or to schedule a personalized demo, please visit www.quadinfo.com or call
(800) 499-4627.

    

Charles Kimsey
Email Contact
(615) 370-7046

Copyright 2009, Market Wire, All rights reserved.

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