CNA's addition to the Commercial Submissions™ platform gives independent agencies more options for quickly quoting coverage for their business clients.
Vertafore® announced that CNA Insurance, one of the country's largest commercial property-casualty insurance companies, has become the latest carrier to join its Commercial Submissions™ solution.
The company's addition to the platform gives independent agencies more options for quickly quoting coverage for their business clients.
"Joining Commercial Submissions can help drive value for the agents we work with, helping grow their businesses and meet their business objectives," said Stephen Marohn, senior vice president of small business at CNA. "It has always been our goal to provide innovative solutions and leveraging Commercial Submissions offers another avenue for our clients to meet their goals effectively and efficiently."
CNA plans to start its participation on Commercial Submissions in the coming weeks with workers compensation, followed by business owners policies in the first half of the year.
"Commercial Submissions delivers a game-changing experience for commercial quotes," said Amy Zupon, CEO, Vertafore. "This is technology that brings agencies and carriers closer together. It cuts through manual work and clutter. And it enables agencies to deliver the service and risk management advice their clients are looking for."
Leavitt Group, the nation's fourteenth largest privately held insurance brokerage, is a Commercial Submissions early adopter and leverages CNA's products for its clients.
"One of the reasons CNA is such a key partner for us is because of their strength in the small business coverage space," said Joe Callister, chief operating officer at Leavitt Group. "We're so excited about what Commercial Submissions is going to offer our agents because it brings everything into one place with one convenient application that's seamlessly tied into our management system."
"Our clients want quicker results and faster answers when they come to us, and more digital capabilities so they can engage with us when and where they want to," Callister added. "That's what a commercial quoting platform provides us—the ability to give our clients the experience they need and want. And for our agents, it frees up their time so they can focus on advising clients instead of chasing paperwork."
In 2021, Vertafore facilitated more than $13 billion in real-time carrier and agency premium submissions through its rating and connectivity solutions. Vertafore leverages its connectivity expertise to simplify and automate commercial lines for the independent agency channel.
Among other carriers that have recently joined Commercial Submissions is The Hanover, which joined in October 2021. Last year, Vertafore also announced its acquisition of AgencyZoom™, a cloud-based sales automation platform for insurance agents.
Vertafore will showcase its latest innovations in Commercial Submission and market connectivity at Accelerate powered by NetVU from March 28-31.
Olivia Overman is IA content editor.