Multiline property and casualty insurer Ace Group has introduced new online tool, Ace EZQuote, which enables independent agents and brokers to generate bindable quote for boats in less than four minutes.
The company is providing the new tool through Ace Recreational Marine Insurance business, which is suitable for all types of boats less than 27ft in length.
Ace Recreational Marine Insurance senior vice-president Damon Hostetter said: "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."
The new tool provides exact quotes and do not require additional information before binding and they can be saved and completed at a later time, if necessary.
Ace EZQuote also features smart data fields that appear or disappear to maximize efficiency and quote letter, binder or application can be emailed to the client with few clicks.
It will help to compare premium for different limits and deductibles side by side and policy issuance can be ordered without leaving the screen.
Ace offers commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance services.
Image: ACE North American headquarters at Philadelphia. Photo: courtesy of William Taufic 2010.