Who's using what in P&C insurance: November 1, 2021
Insurance technology news from The Hanover Insurance Group, Novum Underwriting Partners and more.
The Hanover Insurance Group, Inc. is now using the Vertafore commercial submissions platform. The relationship with The Hanover gives independent agents more real-time choices to secure high-quality coverage to meet the needs of their clients. The Hanover plans to integrate their workers’ compensation, business owners’ policies (BOP) and general liability lines onto Vertafore’s platform.
Novum Underwriting Partners selected Insurity’s Sure MGA Enterprise for its new Lumber Pro program. Through its recent acquisition of Instec, Insurity provides market-leading software for insurance programs and complex commercial insurance. This selection enables Novum, a specialty MGA and wholesale brokerage, to provide its customers with enhanced specialty commercial insurance programs.
The number of agents using Semsee’s small commercial quoting platform quadrupled, reaching more than 4,000 users, the company reported. Further, the platform’s abilities were expanded to provide quotes for additional lines including general liability, commercial auto and cyber.
TrustedChoice.com, a digital marketing platform for the insurance industry, launched Market Finder, a tool that matches independent agents with carriers, MGAs and wholesalers. By entering the location and the line of business or industry an agent is looking to cover, the platform can connect them with a company that has an appetite to write the business.
Related: Who’s using what in P&C insurance: October 25, 2021