Due to the partnership, agents and underwriters will more quickly be able to identify the risks associated with any new book of business, according to a release. Underwriters will also be able to quickly determine whether policies have been misclassified, providing agents with real-time pricing on more policies and faster underwriting turnaround times.
“Valen has an excellent reputation and deep experience within the predictive analytics marketplace which made for a natural choice as a partner,” Michael McCurley, SVP of global sales for Agencyport, says in a statement. “Our clients use AgencyPortal to provide agent self-service on the web and by integrating AgencyPortal with Valen, our customers can now make better and faster decisions around approving policies.”
