SGI CANADA provides Real-time Rating for Small Package Commercial-lines Business directly within Policy Works
November 28, 2011 by Canadian Underwriter magazine
SGI CANADA and Policy Works Inc. are ecstatic to announce the release of a real-time rating solution that begins and ends within the Policy Works Commercial Management System desktop environment.
SGI CANADA brokers using the new Policy Works Commercial Management System, available this December, will be able to receive a real-time rate on small business packages such as Energy Pak, Toolbox Pak, Trades Pak and Value Pak from directly within the Policy Works system.
“Providing real-time rating for our small business packages results in brokers having all the information available immediately in order to close the sale rather than waiting for a rate to be returned. Time saved with small business packages means more time is available to service larger accounts,” says John Dobie, Vice President ofCanadian Operations, SGI CANADA. “SGI CANADA is committed to finding ways to make it easier for brokers to do business with us. We feel an important part of that commitment will be delivered with eServices and tools such as Policy Works.”
“We are thrilled to bring real-time rating to the Canadian market with SGI CANADA. Our real-time rating solution provides brokers with a streamlined workflow to more effectively manage the higher-volume, lower-profit realities of small business packages,” states Kevin Campbell, President, Policy Works Inc. “It is a pleasure to work with SGI CANADA to develop functionality that strengthens the independent broker network.”
SGI CANADA is a member of the Policy Works Certified Data-Exchange Partner (CDEP) program. The 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 SGI CANADA
SGI CANADA has been in business for more than 60 years, selling property and casualty insurance in seven Canadian provinces. It operates as SGI CANADA in Saskatchewan; SGI CANADA Insurance Services Limited in Alberta and Manitoba; Coachman Insurance Company in Ontario; and the Insurance Company of Prince Edward Island (ICPEI) in New Brunswick, Nova Scotia and Prince Edward Island. Visit SGI CANADA at www.sgicanada.ca. Saskatchewan Government Insurance (SGI) is the province’s self-sustaining auto insurance fund.
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.
For Further Information:
Steve Pieroway
Vice President, Marketing and Client Services Policy Works Inc. 1-800-260-3676 ext. 114 steve.pieroway@policyworks.com
Kelley Brinkworth Manager, Media Relations
SGI CANADA
Phone: 800-667-8015 ext. 1837
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