PHLY introduces new business submission portal

Philadelphia Insurance Companies (PHLY) agents can now submit new business applications online in a matter of ‘minutes’. Agents can use the New Business Submission portal in MyPHLY to request coverage, enter the desired premium amount, and track the status of the application.

Here’s how it works: Agents can use the portal to submit a new request for coverage on both existing and new to PHLY accounts for nearly all of PHLY’s 100+ niche products. Log in or create a MYPHLY account. After logging in, review your contact information, enter the insured information, and select the contact type. Select the appropriate product and enter the premium, effective dates, and need-by dates. Any relevant files can be added through drag and drop functionality. Confirm and review details of your submission on a final summary page.

You will then receive a confirmation email that verifies your successful submission and you can track the progress on your MyPHLY agency dashboard. The confirmation email is the same one agents have been sent in the past, notifying that the submission has been reserved for the agency and is currently with underwriting. The only thing left to do is wait for underwriting to provide a review and quote for your binding decision.

New submission capabilities include:

• The ability to submit up to a total of four (4) products in one submission
• The ability to submit for every PHLY product (Note: E+S, Surety, and Flood products have separate portals in MyPHLY)
• No maximum or minimum premium limitations
• Attach or edit any relevant documents