KEY FEATURES
ADVANCED MAPPING TECHNOLOGY
PREMIUM Pro Allocator’s integrated technology allocates premiums accurately determining the correct tax jurisdiction for each address based on the policyholder’s address and geographic boundaries
SEAMLESS INTEGRATION
Once your premium data has been processed, PREMIUM Pro Allocator integrates seamlessly with our Premium Tax and Municipal Tax software packages to provide a complete solution from start to finish.
CUSTOMIZED REPORTING TOOL
Utilize standard reports or build customized reports to analyze your data in a variety of ways.
ADVANCED MAPPING TECHNOLOGY
PREMIUM Pro Allocator’s integrated technology allocates premiums accurately determining the correct tax jurisdiction for each address based on the policyholder’s address and geographic boundaries
SEAMLESS INTEGRATION
Once your premium data has been processed, PREMIUM Pro Allocator integrates seamlessly with our Premium Tax and Municipal Tax software packages to provide a complete solution from start to finish.
CUSTOMIZED REPORTING TOOL
Utilize standard reports or build customized reports to analyze your data in a variety of ways.
FLEXIBLE ALLOCATION PACKAGES
Choose one state or bundle them to fit what’s right for your company.
SUPPORTED STATES
Alabama, Delaware, Florida, Georgia, Illinois, Kentucky, Louisiana, New York, North Dakota, & South Carolina
ALABAMA
Assigns risks to the correct Alabama municipality for taxation. For Fire and Marine as well as other premiums.
DELAWARE
For premiums on risks located within the City of Wilmington, New Castle County, Kent County, and Sussex County. Meets Bulletin No. 55 Regulations.
FLORIDA
For premiums covering risks within Florida to the correct Firefighters’ Pension and Police Officers’ Retirement Trust Funds or city for taxation. Allocator utilizes data from the Florida Premium Tax Database.
GEORGIA
For geocoding premiums covering risks within Georgia to the correct municipality for taxation. GID 17A License Fees.
ILLINOIS
Geocodes premiums covering risks within Illinois to the correct municipality or fire district.
KENTUCKY
Verified Software Vendor for a risk location system as defined by the Kentucky bill HB 524. Allocator utilizes the municipal boundary maps from Kentucky Commonwealth Office of Technology.
LOUISIANA
For premiums covering risks within Louisiana to the correct municipality for taxation. All premiums in Louisiana are taxable. For cities & parishes.
NEW YORK
Assigns the premiums to the Metropolitan Commuter Transportation Districts (MTA), or county for taxation. Assigns the risk for premiums within New York to the correct Fire Protection District. Utilizes data from the New York Street Listings for Fire Districts.
NORTH DAKOTA
The North Dakota module allocates premiums to the correct city/town/fire districts listed on the SFN 52764 report.
SOUTH CAROLINA
Geocodes premiums in South Carolina to the correct city/ county. Supports second allocation for non-taxable premiums based on the agent address for MASC.
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AUTOMATED ALLOCATION
Allocator Is designed to process all of your premium data in one batch streamlining the allocation process while ensuring the quality of data output. Allocate thousands of policies in minutes.
ACCURATE ALLOCATION
Allocator utilizes advanced geocoding technology to assign each policy to the correct municipality based on the policies situs of risk which includes the policyholder’s address and geographic boundaries, thus eliminating the tedious task of manual allocation.
INTEGRATED ALLOCATION
Allocator integrates with Premium Pro Municipal to streamline local jurisdiction return processing.
INCREASED CAPACITY
The power of Allocator streamlines the allocation process, removing the need for manual allocations, and maximizing time as a valuable resource for your Premium tax team.
IMPROVED ACCURACY
The power of Allocator’s advanced mapping technology ensures policy allocation accuracy reducing complex risks and improving the quality of allocation data for the entire tax process.
MINIMIZED COST
Accurate and efficient allocations minimize time-consuming process errors and costly corrections increasing profitability margins.
RELATED PRODUCTS
MUNICIPAL TAX
Premium Pro Municipal allows you to calculate taxes for thousands of towns and cities with ease for over 4,000 municipalities.
TRITECH SERVICES
Our premium tax services offer a unique combination of tax consulting, tax preparation and tax software expertise related to premium taxes.