September 10, 2013 by Canadian Underwriter
Opta Information Intelligence has announced that its iClarify services, providing replacement cost values, have been integrated directly into the Applied CQ Rating Services system under the Applied ITV brand.
The latest version of iClarify provides replacement cost values while automatically uploading verified construction features and property valuations directly into the CSIO habitational application, Opta said.
That data is immediately stored for Applied brokers within their brokerage management system and is seamlessly uploaded to the chosen underwriting company selected by the broker.
“As iClarify has evolved, we have focused our development efforts on driving process efficiency, enhanced customer experience, and ITV accuracy,” noted Greg McCutcheon, president of Opta. “Our direct integration with Applied CQ Rating Services provides increased value for brokers and underwriters alike.”
Applied ITV with iClarify reduces the home valuation process from approximately fifteen minutes to two minutes, according to Opta.
Applied has made available full integration of iClarify through Applied ITV across Canada for all Applied Customers beginning in June 2013.