The Hanover Insurance Group Joins Vertafore’s Commercial Quote Platform

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Collaboration Extends Vertafore’s Initiative to Transform Commercial Insurance Offerings and Improve Market Connectivity

Posted: October 26, 2021 at 9:03 a.m. EDT|Update: 41 minutes ago

DENVER, October 26, 2021 / PRNewswire / – Vertafore® today announced the Hanover Insurance Group, Inc. (The Hanover), leader in non-life insurance for businesses and individuals in United States, is the latest carrier to join its Commercial Submissions ™ platform.

Vertafore (PRNewsfoto / Vertafore)

The relationship with Le Hanover gives independent agents more choice in real time to ensure high quality coverage that meets their clients’ needs. The Hanover plans to incorporate Workers’ Compensation, Business Owner’s Insurance (BOP) policies and General Liability line into Vertafore’s business submissions.

As the first InsurTech solution that truly connects end policyholders, agents and carriers, Commercial Quotes enable streamlined, real-time quotes on commercial policies of all sizes and types of businesses. The platform integrates seamlessly with Vertafore’s agency management systems to solve one of the insurance industry’s biggest problems: the arduous and tedious process of submitting and securing insurance coverage. commercial. With the addition of Le Hanover, eight industry-leading operators and MGAs have joined the platform.

“The Hanover has led the way when it comes to leveraging InsurTech solutions that make life easier for their agents and clients. We are convinced that this partnership will help the Hanover improve profitability and efficiency and free up their bandwidth to gain more business and continue to provide the best service to their agents and customers ”, said James thom, product manager at Vertafore.

The Hanover invest in InsurTech solutions to foster growth

Named one of America’s Best Employers by Forbes six years in a row, The Hanover has invested in the best solutions, including Vertafore’s business quotes. The use of technology solutions that optimize the workflow for submitting quotes to sales lines has enabled the company to streamline processes and improve the user experience for its agents.

With live collaboration capabilities and real-time data exchange, Commercial Submissions makes the submission process quick, easy and collaborative, allowing agents to quote trade policies in minutes. The solution pre-fills up to 80% of the application fields from the agency’s management system. It also allows agents to invite customers to review, modify and / or approve quotes in real time, saving them time on manual tasks and focusing on securing contracts and servicing customers. clients.

About Vertafore
As North America An InsurTech leader for over 50 years, Vertafore modernizes and simplifies insurance distribution so our clients can focus on what matters most: people. Vertafore solutions deliver end-to-end connectivity, enhance the customer and agent experience, unleash the power of data, and streamline essential workflows to improve efficiency, productivity and profitability for agencies and independent carriers. For more information about Vertafore, visit www.vertafore.com.

© 2021 Vertafore and the Vertafore logo are registered trademarks of Vertafore. All rights reserved. All other trademarks are the property of their respective owners.

About Hanover Insurance Group
The Hanover Insurance Group, Inc. is the holding company of several property and casualty insurance companies, which together constitute one of the largest insurance companies in United States. The company offers exceptional insurance solutions through a select group of independent agents and brokers. In collaboration with its agent partners, The Hanover offers standard and specialty insurance coverage for small and medium businesses, as well as homes, automobiles and other personal items. For more information, please visit hanover.com.

CONTACT WITH THE MEDIA:
Vertafore:
Liz reilly
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SOURCE Vertafore

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