Although the direct sale of commercial-line insurance remains the extremely limited exception rather than the rule, many carriers offer online quoting and application capabilities for their agents and brokers. Some examples include:
- Ace Commercial Risk Services provides online application for several lines of Professional Liability and Motor Truck Cargo coverage.
- Chubb offers agents and brokers the ability to quote, bind and issue Motor Truck Cargo, Contractors' Equipment and Builders' Risk policies via its “u.writer” platform. The company also provides eApplications, including eSignature functionality, for 10 lines of commercial insurance.
- Chartis provides brokers a single point of access to quote and bind policies for small and midsize businesses through its MyChartis portal, which currently has more than 45,000 users.
- CNA offers online quoting tools via CNACentral, primarily geared toward writing Business Owner Policy (BOP), Workers' Comp, Auto, Umbrella and Cyber Liability for small businesses; Ocean Cargo for all business sizes; and Professional Liability for some health-care classes.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.