Surety brokers benefit from an upgraded online
platform, which simplifies the process for quoting and purchasing
bonds
PLYMOUTH, Minn.,
Jan. 14,
2025 /PRNewswire/ -- Intact Insurance Specialty
Solutions announces enhancements to the functionality of its online
bond platform in the U.S., Intact BondClick. Intact BondClick
accelerates the process for brokers to purchase online surety bonds
with minimal data entry.
The platform's new streamlined interface significantly improves
processing and approval times, provides electronic indemnity
execution, seamless data storage, and customized bond solutions.
New features include:
- Minimal data entry for instant issue bonds.
- Enhanced and extensive bond library with auto-approved bonds
driven by credit scoring.
- Customized bonds with tailored lines of authority.
- Credit card payment capability.
"Our goal is to provide the best of both worlds – ease of use
and efficiency via a one-stop online portal, along with the support
and expertise of a dedicated, A+ rated* surety team," said
Scott Reinke, Chief Underwriting
Officer for Transactional Surety. Scott added, "We're excited to
provide tailored bond solutions to our brokers with minimal
underwriting, credit scoring, and direct billing."
Scott joined Intact last spring to oversee Surety's commercial
transactional book of business.
Available bond types include license and permit, fiduciary and
judicial, public official, non-contract performance, and more.
For more information about Intact BondClick and Intact Insurance
Specialty Solutions, please visit www.intactbondclick.com.
About Intact Insurance Specialty Solutions
Throughout the United
States, Intact Insurance Specialty Solutions' underwriting
companies offer a broad range of specialty insurance products
through independent agencies, regional and national brokers,
wholesalers and managing general agencies. Each business is managed
by an experienced team of specialty insurance professionals focused
on a specific customer group or industry segment and providing
distinct products and tailored coverages and services. Targeted
solutions include group accident and health; commercial and
contract surety; entertainment; environmental; excess property;
financial institutions; financial services; inland marine;
management liability; ocean marine; technology; trade credit and
tuition refund. For further information about U.S. products and
services visit: intactspecialty.com.
Intact Insurance Specialty Solutions and Intact Surety are
marketing brands for the insurance company subsidiaries of Intact
Insurance Group USA LLC, an
indirect subsidiary of Intact Financial Corporation (TSX: IFC), the
largest provider of property and casualty (P&C) insurance in
Canada, a leading provider of
global specialty insurance, and, with RSA, a leader in the U.K. and
Ireland. Our business has grown
organically and through acquisitions to over $22 billion of
total annual premiums. The insurance company subsidiaries of Intact
Insurance Group USA LLC include
Atlantic Specialty Insurance Company, a New York insurer, which wholly owns Homeland
Insurance Company of New York, a
New York insurer, Homeland
Insurance Company of Delaware, a
Delaware insurer, OBI America
Insurance Company, a Pennsylvania
insurer, OBI National Insurance Company, a Pennsylvania insurer, and The Guarantee
Company of North America USA, a
Michigan insurer. Each of
these insurers maintains its principal place of business at 605
Highway 169 N, Plymouth, MN 55441,
except The Guarantee Company of North America USA, which is located at One Towne Square,
Southfield, MI 48076. For
information about Intact Financial Corporation, visit:
intactfc.com.
*Intact Surety is backed by the financial strength of
Atlantic Specialty Insurance Company, an indirect subsidiary
of Intact Financial Corporation (TSX:IFC), rated A+ by A.M.
Best.
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SOURCE Intact Insurance Specialty Solutions