TMF IPT Quote launches co-insurance premium tax calculation facility |
TMF Group, 11 October 2011
TMF is proud to announce the launch of the latest version of its online global insurance premium tax calculation tool, IPT Quote. Click here to read more about IPT Quote. This new version provides the capability to perform tax calculations across a subscription or co-insurer programme within a single quote. This new facility has been built in conjunction with many of the large global broker firms. It is a long awaited development within the insurance industry. As the first insurance tax calculator to address the challenges of subscription, IPT Quote now delivers a functionality that is set to significantly reduce the burden on brokers involved in the tax calculations associated with multi-insurer policies. Being able to quickly and accurately calculate the applicable taxes for each insurer in turn will provide benefits to brokers and insurers alike, saving time and money whilst simplifying the process. This new leap in functionality confirms IPT Quote as the global industry's preferred solution.
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