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download) data, such as insurance policies. During the years in
issue, Applied Systems integrated FIM with the TAM module by
structuring data bases, configuring data, and formatting data and
characters for printing. Applied Systems made 55 modifications
to FIM in converting Series 4.0 to 5.0.
C. First Rate Module
Prior to the years in issue, the rating module enabled
agents to rate personal insurance policies in a dozen States. In
late 1988, Applied Systems purchased Alpha Touch, a rating vendor
based in Bloomington, Minnesota. Alpha Touch had software that
could calculate premiums relating to personal insurance written
in the Midwestern States. Applied Systems used the Alpha Touch
software to expand First Rate, enabling the module to calculate
premiums relating to more carriers, all 50 States, and
commercial, as well as personal, insurance.
During the years in issue, Applied Systems’ employees
created programs applicable to carriers not already included in
First Rate. The employees referred to State regulations and
carrier manuals to determine the required data elements and the
rating formulas. At the end of 1990, Applied Systems began work
on rating programs applicable to commercial insurance.
Commercial insurance rating involved more types of insurance
coverage than personal insurance. From 1990 through 1992,
Applied Systems created approximately 3,000 programs. Applied
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Last modified: May 25, 2011