CM Regent Selects Betterview to Streamline Underwriting

The educational institution insurer sought a partner to deiver as a single source of truth for property risk.

(Image credit: Kimberly Farmer/Unsplash.)

CM Regent Insurance Company (Mechanicsburg, Pa.), a provider of insurance coverage to educational institutions for nearly 50 years, has selected Betterview’s (San Francisco) Property Intelligence Platform as a central hub for data and insights to maximize underwriting efficiency.

Brett Eater, VP, Chief Underwriting Officer, CM Regent.

CM Regent sought a partner to serve as a single source of truth for property risk, according to a Betterview statement. Previously, the company spent time and resources utilizing multiple and often incompatible sources for the same information. After reviewing several vendors, the company found that Betterview provided the most accurate, relevant data to inform and accelerate underwriting decisions.

“Using Betterview saves time, which saves money,” says Brett Eater, VP and chief underwriting officer, CM Regent. “It’s a one-stop shop for all our property data and risk insights, whereas we used to work across five or six different systems. Consolidating this information allows our underwriters to rapidly prequalify potential customers and determine where additional resources are needed. It’s a significant boost to efficiency and data to profitably underwrite our property risks.”

David Tobias, Co-founder and COO, Betterview.

Instant Access to Relevant Property Information

“CM Regent needed a way to cut through the noise and instantly access relevant property information, and that’s what we delivered,” comments Dave Tobias, co-founder and COO, Betterview. “Whether it’s AI-powered risk scores, condition detections, or data from our trusted partners, all the property intelligence they need is now housed in one place. We’re excited to save CM Regent time through automation, and ultimately help improve their expense ratio.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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