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Our Evolution Continues

We’re pleased to announce that we’ve acquired the assets and corresponding personnel of the AscendantOne® Policy Management Suite from ISO Insurance Technology Solutions (ISO-ITS), a unit of Insurance Services Office, Inc. (ISO). The acquisition gives us broader carrier-service options, as we add the capabilities of AscendantOne and its associated rate-management capabilities to our current offerings. As part of the transaction, we’ve also obtained the tools used to maintain the ISO Rating Service® software. ISO retains ownership of ISO Rating Service and will maintain and support the advisory loss costs, rules, and forms contained therein.

“To this point in our history, we’ve provided commercial lines administration products and services for carriers whose preference was to source the lion’s share of product implementation work, development, support, and maintenance to us,” said Dave Kerford, AQS’s CEO. “Our industry refers to that as the ‘full-service’ offering. This acquisition allows us to also offer carriers a ‘self-service’ option, giving them the level of control they desire, when they want it, and enabling them to reach self-sufficiency more quickly. The acquisition also extends our suite of offerings to include systems and services to support personal lines. Many carriers, including several of our customers, have a need for the ‘enterprise solution set’ covering both commercial and personal lines.”


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