Wheaton, Illinois, Sept. 22,
2006--The American Association of Insurance Services
(AAIS) is expanding the availability of property valuation services
provided by e2Value, Inc. to insurers that use the
AAISdirect Internet service.
AAIS is a national advisory
organization that develops policy forms and rating
information used by more than 600 property/casualty
companies throughout the U.S. Its AAISdirect
service provides online access to AAIS's forms,
manuals, bulletins, and other materials, plus access
to complementary risk information services developed
by other organizations.
Effective immediately, all
insurers that use the AAIS Homeowners,
Mobile-Homeowners, and Dwelling Properties programs
can have access through AAISdirect to
e2Value’s "Residential" online property valuation
service. E2Value is a leading developer of automated
valuation applications.
The service provides systematic
valuation procedures for a wide range of residential
property, including high value homes, modular and
kit homes, condos and co-ops, alterations and
additions, and more.
This marks the latest step in an
ongoing expansion of services provided to AAIS
affiliates through AAISdirect. Since November
2005, AAIS Farmowners and Farm Properties affiliates
have had access to e2Value's "Farm & Ranch
Estimator" application, one of the first programs to
implement automated valuation for farm property.
These online services, provided
without additional charge to AAISdirect
users, allow carriers to estimate insured values
quickly and systematically, helping them improve
their insurance to value ratios and collect the
appropriate premium for their exposures.
The latest expansion of
AAISdirect service will also allow agents of
AAIS Homeowners, Mobile-Homeowners, and Dwelling
Properties affiliates to continue to access the
Residential valuation service. Likewise, agents of
AAIS Farmowners and Farm Properties affiliates can
now access the Farm & Ranch Estimator.
Agent access will reduce the
time needed to process applications and provide more
timely, accurate quotes.
The e2Value applications and
agent access will be provided without additional
charge to AAISdirect users for the
appropriate lines.
“Our mission is to be the
valuation model of choice for the insurance
industry,” says Todd Rissel, CEO of e2Value, Inc.
“It is clear to us that AAIS is highly focused on
satisfying the needs of their affiliates and
presenting them with cutting edge service and
technology-based opportunities. We’re pleased to
expand our relationship with AAIS for the benefit of
insurance industry."
"AAIS is committed to making
AAISdirect an indispensable resource of AAIS
materials plus complementary services for evaluating
and pricing risks," says Paul Baiocchi, president of
AAIS.
For information on affiliating
with AAIS for use of its personal lines or farm
programs, or to sign up for AAISdirect
service, contact Rick Maka, director of marketing,
at rickm@AAISonline.com or by calling
800/564-AAIS.
For more information about
e2Value, visit www.e2Value.com or call
888-371-2788.