ACE Introduces New Online Tool that Allows Agents to Generate Bindable Boat Insurance Quotes in Less than Four Minutes
June 18 2015 - 1:53PM
Business Wire
ACE Group today announced the launch of a new online tool, ACE
EZQuote, that allows independent agents and brokers to generate an
exact and bindable quote for boats in less than four minutes.
Available through its ACE Recreational Marine Insurance® business,
ACE EZQuote works for almost all types of boats less than 27 feet
in length.
“Agent reaction during the development and pilot phase of the
tool has been fantastic,” said Damon Hostetter, Senior Vice
President of ACE Recreational Marine Insurance. “Even agents with
limited boat insurance experience are finding the tool incredibly
easy to use. ACE EZQuote presents a great opportunity for general
personal lines agents to capture additional boat business. For boat
insurance specialist agents, the ease and speed of ACE EZQuote
translates into more productivity for their staff and faster
service for their clients. Coupled with the excellent coverage we
offer, ACE EZQuote will give agents a strong competitive advantage
as we head into the peak of the boating season.”
Key features of ACE’s new quoting tool for boats less than 27
feet in length include:
- Most quotes can be completed in less
than four minutes.
- The quotes are exact and do not require
additional information before binding.
- If necessary, quotes in process can be
saved and completed at a later time.
- “Smart data fields” appear or disappear
to maximize efficiency. For example, fields for Trailer coverage
will only appear on the Policy Issuance screen if a Trailer was
indicated on the Vessel/Coverage screen.
- Premium for different limits and
deductibles can be compared side by side.
- With just a few additional clicks, a
quote letter, binder or application can be emailed to the
client.
- Without leaving the screen, policy
issuance can be ordered.
To use ACE EZQuote, agents need to be appointed with ACE
Recreational Marine Insurance and have signed up for secure online
access to our online policy management system, ORCA®.
About ACE Recreational Marine Insurance
ACE Recreational Marine Insurance, part of ACE Private Risk
Services, has been serving marine clients for more than 200 years,
since 1792 when its predecessor company wrote its first marine
insurance policy in the United States. ACE offers exceptional
all-risk insurance coverage to protect the entire spectrum of
pleasure yachts and boats, including classic boats, luxury
mega-yachts and sailboats, sport fishing boats, ski boats, personal
watercraft and select charter vessels. Product highlights are
summaries only; please see actual policy for terms and conditions.
Products may not be available in all states. Additional information
can be found at www.aceprs.com/boatandyacht.
About ACE Private Risk Services
ACE Private Risk Services is ACE Group’s high net worth personal
insurance business, which provides specialty coverage for
homeowners, automobile, recreational marine, umbrella liability and
collections insurance for financially successful individuals and
families. Policies are issued by Bankers Standard Insurance Co.,
ACE Insurance Co. of the Midwest, and Atlantic Employers Insurance
Co. Additional information can be found at: www.aceprs.com.
About ACE Group
ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 54 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance, and life
insurance to a diverse group of clients. ACE Limited, the parent
company of ACE Group, is listed on the New York Stock Exchange
(NYSE: ACE) and is a component of the S&P 500 index. Additional
information can be found at www.acegroup.com, or follow ACE on
Twitter, https://twitter.com/ACEGroupNA.
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version on businesswire.com: http://www.businesswire.com/news/home/20150618006209/en/
ACE GroupCarla Ferrara,
215-640-4744carla.ferrara@acegroup.com
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