What does Single Entry Multiple Company Interface mean? Read on to discover the definition & meaning of the term Single Entry Multiple Company Interface - to help you better understand the language used in insurance policies.
Single Entry Multiple Company Interface
A generic term describing a system that allows the user to enter and store data and communicate that data to multiple other companies. This technology is the basis for most agency management computer systems. The interface allows data to be selectively retrieved and transmitted to multiple insurers and vendors for quoting, policy issue, and inquiry, without the need to rekey the information.
We hope the you have a better understanding of the meaning of Single Entry Multiple Company Interface.