PHILADELPHIA--(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:
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Most quotes can be completed in less than four minutes.
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The quotes are exact and do not require additional information before
binding.
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If necessary, quotes in process can be saved and completed at a later
time.
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“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.
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Premium for different limits and deductibles can be compared side by
side.
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With just a few additional clicks, a quote letter, binder or
application can be emailed to the client.
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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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Source: ACE Group