Financial Services Industry
Industry: Email Alert RSS FeedHSB launches online quote system
Rough Notes, Apr 2004
The Hartford Steam Boiler Inspection and Insurance Company launched HSB InstaQuote, an online tool for quoting and binding equipment breakdown coverage. The Web-based quoting system is designed to provide new business quotes for small commercial and middle market firms with individual location values up to $10 million for manufacturing and $20 million for non-manufacturing.
The insurer believes that the majority of types of business it underwrites will be eligible for new business quotes using InstaQuote. If the account requires individual underwriting or has more than 20 locations, the information the agent has input online is immediately referred to an underwriter.
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A two-minute animated demo of InstaQuote can be viewed at the insurer's Web site (www.hsb.com).
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