A comprehensive, customized insurance company rating package allow agents to provide the best prices for coverage for different industries that have specific insurance needs. The delivery of these insurance company ratings to those requiring this information is now primarily done using XML formatting. XML does not actually do anything; it was specifically designed to transport and store data and nothing more. What it does do is provide a more efficient and cost effective way for Managing General Agents (MGAs), Program Administrators, and Insurance Carriers to deliver information, quickly and efficiently to end users.
XML simplifies delivery of content
XML is now one of the most widely used formats for sharing structured information today: between programs, between people, between computers and people, both locally and across networks. Those who are already familiar with HTML can see that XML is very similar. However, the syntax rules of XML are strict: XML tools will not process files that contain errors, but instead will give the user error messages so that they can fix them (this means that almost all XML documents can be processed reliably by computer software.
This is a key component because the readability of XML (it is a text-based format) and the presence of element and attribute names in XML means that people looking at an XML document can often get a head start on understanding the format, and it Also helps users find mistakes quickly and easily. ). XML was not meant to replace HTML; HTML was designed to display the data that XML thenivers.
XML has quickly become the standard
XML is the basis of a great many standards such as the Universal Business Language (UBL); of Universal Plug and Play (UPnP) used for home electronics; word processing formats such as ODF and OOXML; graphics formats such as SVG; it is used for communication with XMLRPC and Web Services, and it is supported directly by computer programming languages and databases, including mobile telephones.
For example, by double-clicking an icon on a computer desktop (the icon may well have been drawn with SVG), chances are that an XML message is sent from one component of the desktop to another. By comparison, when taking a car to be repaired, the engine's computer sends XML to the mechanic's diagnostic systems. It is the age of XML, and its presence can be found everywhere.
For agencies it's a simple solution to receiving insurance company ratings swiftly, making decisions on which information to share with consumers.