Nationwide is launching FastPath, a new commercial quoting system that will enable insurance agents to save time while serving small-business clients.
The creation of FastPath demonstrates Nationwide’s investment in the small-commercial market and commitment to helping our agency partners. This efficient, automated tool will also help Nationwide — the No. 1 total small-business insurer1 — remain the carrier of choice for agents and clients.
"We’re making it easier for agents to do business with us so they can focus on the needs of clients," said Jeff Rommel, president of Property & Casualty Independent Distribution Channel. "This tool is just one of many ways Nationwide is working to help agents better serve clients."
FastPath offers agents multiple benefits, including:
Faster quoting with an average of 80 percent fewer screens.
Simple, intuitive and streamlined technology that saves time.
Automatic acceptance of 60 percent of simpler, smaller risks that will bypass underwriter review and go straight to issuance.
In addition to FastPath, Nationwide offers many other solutions to agents. These include a proprietary social media tool and also a web-based mapping application that provides a new way for agents to view and search for commercial prospects.
"We’re a solutions-oriented partner," Rommel says. "Programs like FastPath and other technological support highlight Nationwide’s commitment to agency partnerships and exceptional, personalized service."
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the US.