Ohio-based property and casualty insurer Motorists Mutual has selected IVANS insurance data exchange platform to implement commercial download technology for all of its lines of business.
IVANS said, by integrating this technology into Motorists’ policy administration system, commercial advantage, independent agents who represent the company will be able to receive updated commercial policy information electronically from within their agency management systems.
The following commercial lines products are available for download are business-owners, commercial auto, general liability, property, umbrella and workers’ compensation.
Leveraging IVANS insurance data exchange platform, Motorists’ commercial lines files can be downloaded on virtually any agency management system including Agency Pro, Applied Systems, Hawksoft, NASA, SIS, Vertafore and Xanatek.
Agents can also use IVANS Transformation Stationsm real-time solution for billing and claims inquiry and to quote/upload transactions for personal lines.
According to IVANS 2011 Carrier Automation Trends Survey, 30% of carriers surveyed have recently invested in commercial lines download and one-quarter are either implementing this technology or will integrate it into their workflow within the next year.
IVANS download solution allows carriers to send policy information in batch format with more than 40 agency management systems quickly and efficiently, enabling agents to pick up the responses to their requests as soon as they are available.