Nationwide joins Vertafore Commercial Submissions platform
Vertafore announced that Nationwide is the newest carrier partner to join its Commercial Submissions platform. The partnership will enable Nationwide agency partners to more easily and quickly generate and compare commercial lines quotes for clients.
Commercial Submissions connects the end-insured, agents and carriers for simplified, real-time quoting on commercial policies. Nationwide plans to integrate all commercial lines products into the Commercial Submissions platform, beginning in May with workers’ compensation, businessowners’ policies (BOP) and general liability. Vertafore will later integrate Nationwide’s commercial auto, umbrella and other commercial lines as made available through API.
“Partnering with Vertafore allows Nationwide to streamline processes for our agents, enabling them to generate quotes, issue new business, and service customers, resulting in agency speed, ease, and efficiency. We look forward to leveraging Commercial Submissions to drive value for our agency partners and help them grow their businesses.” – Kasey Ketcham, associate vice president of Product and Underwriting Enablement at Nationwide.
As a Commercial Submissions design partner, Nationwide and Vertafore will collaborate to optimize the API connection between the two partners and to optimize the workflow for independent agents.
With its live collaboration capabilities, Commercial Submissions lets agents quote commercial policies in ‘minutes’ directly from their Vertafore management system. The solution pre-fills 80% of application fields from the agency’s management system and allows agents to invite clients to review quotes in real time.
“Nationwide has a reputation for leadership in connecting to InsurTech solutions that make a difference for their agents and end-insureds. This partnership will deliver great value to the thousands of independent agents who write commercial business with Nationwide.” – Amy Zupon, Vertafore CEO.