Vancouver, BC (June 18, 2019) \u2013 AXIS Insurance, a business segment of AXIS Capital Holdings Limited, has partnered with Apollo Insurance to offer bind online insurance products through the Apollo Exchange.<\/p>\n
As with every Exchange product, the entire process, from quoting, binding coverage, and issuing policy documents is immediate, completely online, and paper free.<\/p>\n
The first AXIS product to be placed on the platform is Cyber Liability. It is currently live and available to the 400 broker users who are registered on Exchange.<\/p>\n
\u201cApollo believes in empowering the broker channel,\u201d says Apollo CEO Jeff McCann. \u201cThis is a crucial product provided by our partners at AXIS. Our broker users are now able to place this increasingly important coverage for their clients online and in real time.\u201d<\/p>\n
Although all products on the Exchange are available for immediate quote and bind, this product is by far the fastest time to quote of any currently available, with only three questions on the application: revenue, class, and limit.<\/p>\n
The product is available for many industry classes, including:<\/p>\n
AXIS Insurance is one of several carriers that offer their products on the Apollo Exchange.<\/p>\n
Apollo Exchange not only gives brokers more access to products, it also offers a new distribution channel and access to data for insurance carriers who partner with the Exchange.<\/p>\n
\u201cWe are more than just technology or distribution with our insurer partners \u2014 we are consultants who provide insights into the performance of their products that insurers have never had before,\u201d says McCann.<\/p>\n
Where traditionally, application data has been locked in outdated PDF application forms, Apollo Exchange is able to collect, analyze, and report data insights back to insurers. That data can be used to optimize more accurate risk rating and pricing.<\/p>\n
\u201cIt is important for us to adapt to changing expectations of buyers and the next generation workforce,\u201d says McCann. \u201cApollo Exchange takes a whole new approach by combining technology, insurance capacity, and content marketing services.\u201d<\/p>\n
About Apollo Insurance<\/b><\/p>\n
Apollo is Canada\u2019s largest small business insurance marketplace. Through the Apollo Exchange<\/a>, brokers can quote, bind, and issue policy documents for hundreds of classes of small businesses from Canada\u2019s leading carriers. Brokerages are also able to white label the platform and sell directly from their brokerage website.<\/p>\n About AXIS<\/b><\/p>\n At AXIS, we\u2019re inspired by the opportunity to give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions. In a world that\u2019s ever-changing, companies are more likely to succeed when they act collaboratively and with purpose. At AXIS, we\u2019re motivated to redefine industry standards by applying an innovative and agile approach to today\u2019s challenges. By virtue of being a specialty insurer and global reinsurer with deep expertise and a commitment to service, we have the capability to provide a broad range of solutions. We\u2019re not afraid to take on complex and volatile risks. For more information, please visit www.axiscapital.com<\/a>.<\/p>\n Source: Apollo Insurance<\/em><\/p>\n Tags: Apollo<\/a> Read the original article at Insurance-Canada.ca <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Vancouver, BC (June 18, 2019) \u2013 AXIS Insurance, a business segment of AXIS Capital Holdings Limited, has partnered with Apollo Insurance to offer bind online insurance products through the Apollo Exchange. As with every...<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/15720"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=15720"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/15720\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=15720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=15720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=15720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}