Policy Works Inc. and LUnion Canadienne to Exchange Commercial Lines Data Electronically with Straight-Through Processing
November 22, 2010 by Canadian Underwriter magazine
Policy Works is pleased to announce it has entered into an agreement with L’Union Canadienne to deliver a commercial lines data exchange solution integrating Policy Works’ Commercial Management System (CMS) and L’Union Canadienne’s underwriting system. This solution offers pure no-touch processing, enabling brokers to send submissions and receive quotations electronically without a web portal, which means no new portal or system for brokers to learn.
“We are continually working with our broker network to help make it easier for them to do business with us,” states Ron Pavelack, Senior Vice President for L’Union Canadienne. “Partnering with Policy Works enables our mutual customers to do business with L’Union Canadienne without ever having to leave their Policy Works desktop application. This streamlined approach to our business relationships can only mean better overall service for insureds.”
“Policy Works brokers are continually looking to us to grow our Certified Data Exchange program,” states Michel Vigeant, Vice President Sales and Business Development for Policy Works Inc. “It’s very exciting to work with a partner like L’Union Canadienne that shares our enthusiasm for streamlining the independent broker distribution channel. This integration means no change to how Policy Works brokers currently market their business. But it means tremendous efficiencies for the overall process.”
The integration is expected to be completed by the fall of 2011. The Policy Works Certified Data-Exchange Partner (CDEP) program ensures that commercial data is exchanged between insurers and Policy Works in an accurate, reliable, and secure manner. Policy Works Inc. and all CDEP partners are committed to working with the CSIO standards.
About Policy Works Inc.
Since 1992, Policy Works Inc. has been leading the development of Commercial Management Systems (CMS) for the Canadian insurance industry. Policy Works streamlines the commercial-lines workflow to manage the entire policy lifecycle efficiently and effectively.
About L’Union Canadienne
Founded in 1943 by property / casualty insurance brokers and specialists, L’Union Canadienne, Compagnie D’Assurance insures both individuals and businesses. Our many products, which are tailored to meet your needs, are distributed exclusively through a network of independent brokers with over 300 points of sale across Quebec.
Over the years, our reputation has grown around two central elements: the outstanding customer service we provide to our insureds and the special relationship we have with the brokerage firms that distribute our products and services. L’Union Canadienne is a member of the Co-operators group of companies, a Canadian leader in multi-product insurance.
For Further Information:
Steve Pieroway
Vice President, Marketing & Client Services
Policy Works Inc.
1-800-260-3676 ext. 114
steve.pieroway@policyworks.com
Vincent Laniel
Marketing Manager
Co-operators Quebec
514-847-8000 x-8105
1-800-363-6442 x-8105
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