ISO and AIR Worldwide Corporation announced the addition of Quincy Mutual Fire Insurance Company to the list of companies turning to ISO HomeValue to strengthen their underwriting processes. ISO HomeValue is a web-based residential property replacement cost estimator that helps insurers write homeowners policies that reflect full replacement value.
Quincy Mutual signed a multi-year contract for ISO HomeValue with the primary goal of improving insurance to value for its entire portfolio of homeowners policies by providing its almost 500 independent agents with the most advanced replacement valuation technology available.
“ISO HomeValue is the ideal application to meet our policy quoting and underwriting needs,” said Kevin Meskell, executive vice president at Quincy Mutual. “ISO HomeValue will provide our underwriters and agents with objective information that can help improve the quality of replacement cost estimates and further enhance our underwriting performance.”
Quincy Mutual Fire Insurance Company was established in 1851 and is a writer of homeowners insurance in the northeast with 200,000 policyholders.
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