Insurance Noodle Expands Online Quoting Platform
ACE Partnership Offers Immediate, Bindable Quotes for Directors & Officers, Errors & Omissions
CHICAGO, IL, September 1, 2011 – Insurance Noodle, part of Willis North America, a unit of Willis Group Holdings plc (NYSE: WSH), the global insurance broker, today announced that its online quoting platform for small commercial accounts has added the management and professional liability products of ACE Commercial Risk Services® to its offerings.
ACE Commercial Risk Services, the U.S.-based small business division of the ACE Group, now provides immediate, bindable D&O and E&O quotes to insurance agents through the Insurance Noodle online “hub.” Management and professional liability insurance is provided by Westchester Fire Insurance Company, an A.M. Best A+ rated carrier, or in some states, other insurers within the ACE Group or its allied distribution associates. Ace joins Insurance Noodle’s six other platform carriers who provide business owners policies (BOP), general liability, auto liability and workers compensation coverages.
“The strategic alliance with ACE Commercial Risk Services allows us to bring management and professional liability coverages to the quoting hub, allowing agents to expand solutions they offer their insureds,” said Ralph Blust, Executive Vice President of Willis Commercial Network. “Agents can now get quotes for E&O, D&O along with primary coverages. This is a time savings for agents and provides improved service to their insureds,” Blust said.
Speaking on behalf of ACE Commercial Risk Services, David Lupica, Division President said, “We’re pleased to collaborate with Insurance Noodles’ team of experienced professionals to further extend the availability of our specialized management and professional liability products and services to the Insurance Noodle network of producers. ACE is one of the only carriers offering online processing of management and professional liability products. The online submission process offered through Insurance Noodles’ new quoting hub provides agents with an efficient, cost-effective and simple method for a complete rating, quoting and binding solution.”
Insurance Noodle launched its new quoting hub on July 5, 2011, signing up over 1,000 agents in its first three weeks in operation. The hub allows agents to access seven national, admitted carriers for bindable multi-line quotes from a single online application point, within minutes. Insurance Noodle is the distribution vehicle for the Willis Commercial Network North America, which provides products and services to small insurance agents and brokers. More enhancements to the network are in development and a personal lines platform is expected to launch by year end. Agencies interested in signing up for Insurance Noodle 2.0 can visit www.insurancenoodle.com, call 888-466-8868 or email email@example.com.
About Willis Group Holdings
Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries, with a global team of approximately 17,000 employees serving clients in virtually every part of the world. Additional information on Willis may be found at www.willis.com. For more information about Insurance Noodle, visit www.insurancenoodle.com or call 888-466-8868.
About ACE Group
ACE Commercial Risk Services is an operation with the ACE Group that is dedicated to providing specialty insurance products that offer solutions for small business insurance needs in North America. ACE Commercial Risk offers its products through retail agents and brokers, wholesale brokers and wholesale producers, program agents and other alternative distribution models. Additional information can be found at www.acecrs.com. The ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE: ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at www.acegroup.com.