First Advantage Corp., a risk mitigation and business solutions provider, and IVANS Inc., have entered into an agreement to deliver motor vehicle records through IVANS insurance agent interface platform, Transformation Station.
Transformation Station uses Web services and ACORD XML to enable real-time transactions between insurance carriers and independent agents and brokers. First Advantage’s Motor Vehicle Records division subsidiary, American Driving Records (ADR), will provide IVANS with motor vehicle data to support client demand for this information.
With the new agreement, agents will be able to request and receive a motor vehicle report instantly from within their agency systems. Insurance agents and carriers use these records to make their underwriting decisions, and First Advantage’s ADR provides access to this data nationally. IVANS and ADR also intend to deliver additional MVR services to carriers that will provide value around Transformation Station real-time rating and issuance transactions.
Transformation Station enables agents to retrieve and process insurance company policy transactions and account status information directly and immediately from within their agency management systems. The platform also facilitates quoting and policy issuance for dozens of insurance carriers.
Topics Auto Agencies Personal Auto
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