ITC for Carriers: TurboRater
ITC’s TurboRater, which has more than 250 carriers, delivers accuracy, efficiency and speed to agents who want to compare, close, underwrite and track their personal lines sales performance. Because it is a completely web-based system, agents can use TurboRater to provide comparable quotes from anywhere using an Internet-connected computer, tablet or smartphone. More than 6,100 agents perform more than 12 million rate operations in TurboRater every month for auto, motorcycle and property rating.
Because TurboRater decreases the time it takes to respond to quote requests, agents have more time to focus on selling, which means more business for you too. The standardized workflow decreases errors, which results in a more profitable business. We store all quote data on our servers so you and your agents know the information is secure.
Agents choose TurboRater over other comparative rating systems for many reasons. Some of the top reasons include that no software updates are needed because it is web-based software; we use the latest technologies; and we add new features regularly. It is also more than a comparative rater.
More Than a Comparative Rater
TurboRater is much more than a comparative rater. Thanks to an online lead generation tool, automated agency marketing, variety of reporting and more, it is a sales system.
Online Consumer Rater
TurboRater for Websites is our online consumer portal that allows agents to represent all their carriers on their insurance agency website. TurboRater for Websites lets agents effectively and efficiently quote and sell insurance online. Most importantly, it reinforces the essential reason to choose an independent agent.
Automated Agency Marketing
TurboRater integrates with AgencyBuzz, ITC’s agency marketing system. When an agent saves a quote in TurboRater, AgencyBuzz automatically starts a follow up process designed to help the agent close the sale. This saves the agent time, and they follow up on every lead, which helps improve their closing ratio.
The reporting capabilities in TurboRater allow agents to have better control of their business. Agents can track agency performance by producer, location or carrier. They can identify account rounding opportunities as well as determine their best lead source.
Since 1983 when we started, we have remained committed to our belief that quality software can change the insurance industry. We understand the needs of the carrier as well as the agency in building and supporting TurboRater.
For all insurance carriers, we provide a carrier relations leader as a main point of contact. Your carrier relations leader will work with you to determine which rating method of the many we use best meets your needs and the needs of your agents. In addition, we assign each carrier a coordinator so you have two points of contact during all projects that are in planning or production.
What We Require from Our Partner Carriers
For carriers that use our manufactured rating method, we request a minimum notice of 30 days for any rate or underwriting changes. Also, we require a minimum response time for returning Real Time Rates to ensure our agents are provided with the best experience. Finally, we ask that you allow agents to either bind the policy through TurboRater or bridge the quote data into your point-of-sale system.
If you want to learn more about how to get your company’s rates added to TurboRater, contact us at firstname.lastname@example.org.
ITC’s analytical software program allows insurance carriers to evaluate and set rates more effectively and efficiently than ever before. This program consists of three tiers: a live TurboRater account showing your rates and other carriers on a manufactured basis; Market Basket; and TurboAnalytics.