The Hanover Launches Online Quoting and Issuing Capability for Stand-Alone Specialty Coverages for Small Businesses
This expansion is part of a series of investments The Hanover has made in operational solutions to support the independent agency channel and it builds on the success of the company's other online quote-and-issue capabilities, including TAP Sales for builder's risk and contractor's equipment.
"Small businesses often require specialized coverages beyond the protection afforded by traditional small commercial policies," said
The new capability allows the company's agent partners to conveniently review appetite and eligibility alongside other commercial lines products before easily quoting admitted, stand-alone private company, nonprofit or miscellaneous professional liability policies.
In addition, the expansion of online quoting and issuance for management liability and miscellaneous professional liability allows agents to:
- Obtain aggregate limits of up to
$2 million online - Select one, or a combination of, management liability coverage parts
- Easily create multiple, tailored quotes by copying an initial quote and modifying limit, deductible, and coverage options
- Align policy bill schedules with existing bills
- Generate a professional binder or a quote proposal for use with customers
- Obtain instant access to declarations packages upon issuance
The Hanover also offers a customer service center that can help manage this business written through TAP Sales on behalf of its agent partners. Acting as an extension of agencies, the service center can nurture and service these policies, driving greater agency efficiency.
TAP Sales for management liability is now available in all states except
Agent partners can access these new capabilities through the TAP link on hanover.com.
About The Hanover
CONTACTS: |
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Emily P. Trevallion |
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508-855-3263 |
508-855-3549 |
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