Polaris Partners makes Growth Investment in NetRate Systems, a Leading Provider of SaaS Solutions for Commercial Insurance
Founded by David and
“NetRate occupies a strategic position in the technology ecosystem of the high growth specialty insurance market – it is unique to find a value proposition that combines revenue-enhancing productivity gains with hard dollar cost savings. We are thrilled about our partnership with the talented team at NetRate, and excited to support their vision for long-term growth.” said
About NetRate Systems
NetRate Systems supplies commercial lines submission, underwriting, rating, policy issuance, and data reporting and analysis solutions to the property and casualty insurance marketplace, with a focus on managing general agents (MGAs), program administrators and insurance carriers. Its solutions are designed to streamline the process of selling insurance by eliminating manual references, reducing manual data entry, automating rating through the full policy life cycle, simplifying reporting requirements, and delivering business intelligence. NetRate Systems products include nationwide rating of ISO®-based General Liability, Property, Commercial Auto, BOP, Crime, and Inland Marine, as well as NCCI Workers Comp. NetRate also offers custom development of all lines of business. NetRate’s solutions are offered via cloud-based web portals, or via web services that power point-of-sale submission, rate, quote, and issue applications. Strong industry partnerships and integrations with third-party solution providers provide seamless workflows and processes for front and back office operations. For more information, visit www.netrate.com.
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NetRate Systems
Source: NetRate Systems
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