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Contact:
Ron Watson
Millbrook Incorporated
(484) 876-0196
Rwatson@MillbrookInc.com
Millbrook Mobilizes Best's State Rate Filings Dataand Best's Credit Ratings for a Competitive Advantage
Millbrook’s mobile "MiAgents" agency relationship managementtool now armed with A.M. Best data and Best's Credit Ratings
Exton, PA, October 17, 2011– Millbrook, the leading provider of business intelligence and datawarehousing solutions for insurance carriers, announced today that Millbrook’sgroundbreaking MiAgents mobile application will now integrate A.M. Best’s StateRate Filings data and Best's Credit Ratings.
The inclusion of the A.M. Best data will alertinsurance company marketing representatives and underwriters to changes thattheir competitors are making in the market place so that they may effectivelycraft the appropriate responses and strategies. This unique integration brings, for thefirst time, groundbreaking information regarding competitive intelligencedirectly to the "boots on the ground" that are responsible for drivingprofitable revenue for insurance companies.
Jack Plunkett, Principal and Co-Founder ofMillbrook noted: "This is a key component of our strategy to deliverworld-class, information-driven resources to facilitate effectiveagency-company collaboration. The inclusion of the robust A.M. Best data andfinancial strength ratings provides company reps with relevant, timely andaccurate monitoring tools that will increase their ability to react in realtime to changing market conditions."
Paul C. Tinnirello, Executive VP from A.M. Bestcommented: "A.M. Best is always committed to extending the reach of itsinformation and services and is pleased with the Millbrook agreement. Byincorporating Best's Credit Ratings and key A.M. Best data such as State RateFilings into Millbrook's MiAgents product,we provide our mutual customers access to acomprehensive agency management tool with competitive data, anytime, anywhere."
The A.M. Best data will be available to subscribersof Millbrook’s MiAgents mobile agency relationship application as an optionalservice. MiAgents is a new service offering by Millbrook that provides acomplete mobile tool kit to insurance company representatives to advance theirability to drive profitable revenue through their independent agency customers.MiAgents is the first mobile app in the insurance industry to truly transformagency relationship management by dramatically enhancing insight into agencyperformance while creating real-time capture of information never beforeavailable.
About Millbrook
Millbrook has become recognized as "The InsuranceData Experts," with over 15 years of experience, serving over 30 leadingP&C companies. Our data strategies and methodologies, using proven datamodels and platforms, technology accelerators and BI solutions, allow ourclients to access and use their data to reduce loss ratios, enforceunderwriting principles, and reduce outstanding claims, leading to measurablyimproving results. Millbrook offers an innovative approach to safe dataintegration, solving the problems of business disruption and increased riskduring new technology implementations.
More information about Millbrook can be found atwww.millbrookinc.com
About A.M. Best Company
Founded in 1899, A.M. Best Company is a creditrating organization dedicated to the needs of the financial servicesindustries, with a unique focus on the insurance industry. Best’s CreditRatings are referred to throughout the world as an opinion of the financialstrength and creditworthiness of insurance companies. The company publishes awide variety of analytical data resources, references, and directories online,on CD-ROM and in print. A.M. Best is also the world’s most recognized sourcefor insurance news. Articles and reports generated by A.M. Best’s news staffare published in Best’s Review magazine, the BestWeek news service and inreal-time as part of the BestWire newswire service. The company has offices inthe U.S., Londonand Hong Kong.
For more information about A.M. Best, visit www.ambest.com. Best'sCredit Ratings are copyrighted property of A.M. Best Company and subject to Termsof Use (www.ambest.com/terms.html). For additional information onBest's Credit Ratings, please view our Important Notice: Best's Credit Ratings at www.ambest.com/ratings/noticefor complete details.