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Safeco Joins SeaPass Gateway

July 25, 2007
Copyright:PR Newswire
Source:PR Newswire
Wordcount:321

SEATTLE, July 25 /PRNewswire/ -- Safeco Insurance (NYSE: SAF) announced today that it is adding the SeaPass Hub Gateway Solution(TM) to its growing list of options for independent agents to quote and issue policies more quickly and efficiently. Safeco is partnering with SeaPass Solutions of New York for the SeaPass multi-carrier, commercial lines Hub Gateway Solution(TM).

(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/SFM037LOGO )

SeaPass Gateway web technology will enable independent insurance agents marketing Safeco small business products (BOP, Workers Compensation, Commercial Auto and Umbrella) to lock in quotes and operational support in real time.

Agents enrolled with SeaPass use the Gateway as a comparative rater for insurance applications processed directly from their agency management system. In one transaction, agents will get a valid Safeco quote proposal for multiple commercial product lines and the information is sent back to their agency management system from Safeco.

While other carriers on the Gateway offer a "quick quote" feature, Safeco is the first to offer a completed quote up front that can be locked in instantly. Agents can make a quick and confident sale knowing the price is firm.

"Our independent agents are constantly looking for ways to optimize the quote process for their customers. Safeco is using innovative technology solutions, like SeaPass, to make that happen," said Kirt Lenard, Assistant Vice President of Product Modeling.

SeaPass Solutions, founded in 2000, is headquartered in New York City. The company develops and markets technology that enable insurance carriers, agents, brokers and wholesalers to transmit and receive data in real time leveraging existing systems leading to reduced costs, efficient new business and successful transactions.

Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle. The company sells insurance to drivers, homeowners and owners of small- and mid-sized businesses principally through a national network of independent distribution partners. For more information, visit http://www.safeco.com.

    Paul Hollie                 Lee Somerstein
    Safeco                      Safeco
    206-545-3048                206-545-5037
    pauhol@safeco.com           leesom@safeco.com

SOURCE Safeco



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