Simplifying Commercial Insurance Processing Since 1998.
NetRate Systems is comprised of an experienced team of insurance and IT professionals based in the United States. Our team has extensive experience delivering and maintaining high-quality insurance processing solutions. We are committed to delivering and maintaining our solutions with the highest levels of customer service, professionalism, and integrity.
The NetRate Systems team delivers flexible, high-performance insurance processing solutions specifically designed to serve the unique needs of Managing General Agencies (MGAs), Program Administrators, Insurance Carriers, and Lloyd s Syndicates and Coverholders.
We deliver solutions that streamline the submission, underwriting, rate, quote, and issue process. Our solutions go beyond issuance to include post-issuance transactions such as endorsements, renewals, and cancellations. In addition, we provide solutions for analyzing and reporting on your valuable data. One of our core competencies is maintaining ISO®-based rating and policy issuance in all 50 states, plus DC and Puerto Rico, for all the major commercial lines of business, including Commercial Property, General Liability, Commercial Auto, Inland Marine, Crime, and BOP. We also support NCCI and bureau-based Workers Compensation.
Customization at Your Fingertips
Our products offer the configurability and customization critical in the program insurance business. As you tailor your programs with customized coverages to fit the niches you serve to make them more attractive and competitive in the marketplace, we too customize our solutions accordingly. In fact, we built our team and processes around rapidly evaluating and servicing the unique needs of our clients, as we know how vital it is to have a solution that is uniquely yours.
More Functionality, Cost-Effective
Our solutions offer more functionality than lower-end systems, and are more affordable than toolset systems. We have off-the-shelf solutions with functionality much superior to retail agency products, and comparable to enterprise products, at a more cost-effective price point. In addition, you ll find that our turnkey approach reduces the investment in and demands on internal business analyst and IT resources required of the toolset approach.
Unparalleled Commitment to Customer Service
Our experienced team of professionals understands insurance processing and terminology, and has a wealth of knowledge in developing, delivering, and maintaining software solutions. We put this experience and knowledge to work for you to deliver an efficient and enjoyable experience from initial project scoping to long-term maintenance of our solutions. Our very responsive professionals will work with you as if we re an extension of your company, ensuring that your solution addresses your unique and specific requirements. You can count on us to deliver unparalleled customer service.
A few of our clients.