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The RateMate™ Company


According to founder, owner and president Ray Murdock, we are here...

"To provide technology to Crop Hail Insurance Agents so they can better serve agribusiness producers; to assist Agents in being well informed; and to help Agents obtain the best possible price and product for their business operations."

The employees at RateMate™ dedicate ourselves to constant improvement and diligent innovation in the services we deliver to our agency force. We're here for you!

RateMate™ began as a concept at the former North American Crop Underwriters (NACU) in 1989. NACU wanted to know how their Crop Hail Insurance rates compared with other companies' rates. Ray Murdock, then President and CEO of the NACU, asked an independent contractor, to develop a program to analyze hail rates. This Hail Rate Comparison software was very successful and in the 1990's, was refined and sold to independent agents. In 1999, the newly formed RateMate™ (headed by Ray Murdock after the sale of NACU to IGF Insurance in late 1998) was purchased from the independent contractor.

Since that  time, more functionality has been developed to assist Agents and agribusiness Producers. Our newest program is RMWriter, which is Internet-based to assist Agents to sell and agribusiness Producers to write Crop Hail Policies online through their Agent.  RMWriter allows the agribusiness Producer to be more informed about the policies that will be most effective for their operation. As that Producer's crop becomes more valuable (good yield or price increase), he or she can endorse additional coverage online.

Technology Meeting Your Crop Hail Analysis Needs

RateMate™    4005 Highway 210 West   AIR PORT   FERGUS FALLS, MN  56537
PH 218--99-2117
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RateMate™ © December 2002