Re-entering data into commercial lines quoting portals and underwriting systems has been a challenge for brokers and underwriters alike. Policy Works Inc. and RSA Canada aim to reduce the pain of duplicate entry with their new commercial lines data exchange initiative with straight-through processing technology built on Policy Works’ Smart Doc™ API.
Effective immediately, RSA Canada underwriters can import submission data directly into their underwriting systems using Policy Works’ Smart Doc ™ API. No re-typing of the policy data found in the PDF submission. And when the quote has been completed, brokers can download the quote details, along with a PDF copy of the quote, directly back into their Policy Works system.
The data exchange doesn’t stop there, brokers can also download customer renewal data that includes underwriting and coverage details.
"RSA Canada has been a Certified Data-Exchange Partner since 2008. We’ve collaborated with them on several connectivity strategies over the years and we’re very excited to bring this new technology platform to our broker partners across Canada," says John Eastly, President of Policy Works Inc.
"Helping our broker partners and underwriters work better together is key to our shared success," states Rosalind Staples-Simpson, VP Commercial Operations at RSA Canada. "Our commercial lines integration with Policy Works helps everyone focus on high-value work aligned with driving our mutual growth ambitions, instead of re-typing information into different systems."
About Policy Works Inc.
Policy Works is the industry’s leading platform for commercial lines business. Building on its vision for linking brokers and insurers to better serve insureds, the company provides a platform where all stakeholders can come together to leverage each other’s strengths. Policy Works believes in the value of the broker distribution channel and is working to ensure it stays vibrant in a changing marketplace.
About RSA Canada
The RSA Canada group of companies includes Roins Financial Services Limited, Royal & Sun Alliance Insurance Company of Canada, Quebec Assurance Company, Johnson Inc., Unifund Assurance Company, Western Assurance Company, Ascentus Insurance Ltd., Canadian Northern Shield Insurance Company and RSA Travel Insurance Inc. (collectively, “RSA Canada”) and is part of a group of companies headed by RSA Insurance Group Plc. RSA Canada employs more than 3,000 people across Canada and is one of the oldest insurance companies in the country with roots dating back to 1833.
For more information, please contact:
Susanna Fraser-Kuipers, CIP
Director, Partner Services
1.800.260.3676 ext. 110
Associate Marketing Manager, Marketing & Communications
Tel: 647.776.7114 | Cell: 416.627.9558