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The world of technology continues to evolve seemingly at the speed of light. On the edge of these constant changes are the tools that are created for use by managing general agents, program administrators, and insurance carriers.

NetSTAT, a product from the insurance innovators at Michigan-based NetRate Systems, Inc., is an example of such a tool–automatically generating ISO® Statistical Codes for every transaction processed through the system, thus eliminating the need to convert coverage data into ISO® formatting.

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