Time Saving Calculator

Insurers and BMS Vendors who program CSIO’s Commercial Lines Minimum Data Set (CL MDS) into their systems will save Brokers valuable time and resources by making the Small Commercial Business quoting process significantly more efficient.

Answer the questions below to get an estimate of how much time you currently need to get a quote processed for a Small Commercial Lines client.

Your Current Quoting Process
On average, how many minutes do you need to complete and submit a Small Commercial Lines quote?
On average, how many Small Commercial Lines quotes do you request every week?
On average, how many days does it take all your Insurer partners to return a Small Commercial Lines quote?

If an Insurer uses the CL MDS:

• You only need to provide them with the data below to get a Small Commercial Lines quote
• Inputting the info below into your BMS once will get you a quote from every Insurer that has the CL MDS programmed
• After submitting the info below to an Insurer, you will get your quote back instantly

See how much time the CL MDS can save you by entering the number of minutes it would take to input the info below into your BMS for a Small CL quote.

CL MDS Field Minutes Needed to Complete
Client Information
Policy Period & Risk Details
Other Policies and Loss History & Physical Protection
Coverages and Operation Details
Time Saved on Data Entry & Quote Submission
Time it takes without MDS (Hours per year)
Time it takes with MDS (Hours per year)
Savings (Hours per year)
Savings (% per year)
Time to receive CL Quote
Time it takes without MDS (days)
Time it takes with MDS
Savings (days)

To learn more about the Commercial Lines Minimum Data Set and access resources to help Insurers and Vendors program the CL MDS so you can save time when quoting, visit our Commercial Lines Standard webpage.