New Tech Changes the Game for Small Commercial Quoting

For years, the Commercial Lines quoting process has taken far too long. Agents have been stuck managing multiple systems and re-keying information into individual insurer portals. Consider the impact this is having on your business.

Switching between multiple, disparate systems can reduce staff productivity by as much as 30%.

This is valuable time your team could have spent serving or selling to customers. You also run the risk of losing business if the quote takes too long to come back from the insurer.

But it doesn’t have to be this way anymore.

Say Hello to Epic Quotes for Commercial Lines

Epic Quotes for Commercial Lines is the industry’s first integrated small commercial quoting application supported by IVANS Distribution Platform. You can now use data already in your management system to populate commercial applications, search and select in-appetite markets, and see bindable quotes or bridge data directly into insurer panels to complete the quote and bind experience.

3 Benefits of Using Epic Quotes for Commercial Lines:

• 

  Work in One System for Policy Management and Quoting

  Epic Quotes for Commercial Lines lives within the management system you already know and love – no wasting time re-keying data and switching between applications.

• 

  Send Structured Data to More Markets

  Powered by IVANS, access real-time market appetite and send or bridge structured data to insurers directly within your submission workflow.

• 

  Advise the Best Coverage Option

  Use a list of various quotes to choose and provide clients with the best coverage for their specific risk.

After only a few months on the market, initial feedback is very positive! We’re seeing more and more agents using Epic Quotes for Commercial Lines to submit quotes and these agencies are seeing huge time savings as a result. More insurers are also joining Epic Quotes for Commercial Lines. So far, agents have access to quote small commercial risks for Liberty Mutual, Coterie, Encova, Travelers, and Berkshire Hathaway GUARD Insurance Companies. We're adding more insurers in 2022 (like State Auto and Hanover to name a few) and we'd like to hear more about the markets you'd like to see. Fill out this form to let us know which ones you have interest in digitally submitting business to.

Bottom line, Epic Quotes for Commercial Lines creates a simpler, more efficient and more connected Commercial Lines quoting experience for everyone involved – agents, insurers and policyholders. We urge you to try it and see how it can improve your productivity and speed to market.

Still on the fence? Watch this video to learn more about Epic Quotes for Commercial Lines.

Insurer Connectivity, 2021, Management System, Digital Transformation