This new tool enables agents to customize insurance solutions for new commercial and residential construction, as well as renovation projects. Agents will have the ability to select varying coverage options and deductibles to meet the needs of their clients. This state of the art platform will allow agents to issue policies in minutes.
"Providing agents with the ability to quote and issue policies for their builders risk clients helps them to provide the high quality service demanded by the construction industry," said Paul J. Butler, president of Hanover marine. "In addition to the ease of use for our agents, we can offer competitive rates and a broad appetite through this online system."
The new builders risk platform is an addition to The Hanover's existing marine products, serviced through a nationwide network of marine specialists, and supported by dedicated marine claim and loss control experts.
ABOUT THE HANOVER
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions in a dynamic world. The Hanover distributes its products through a select group of independent agents and brokers. Together with its agents, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. Through its international member company, Chaucer, The Hanover also underwrites business at Lloyd's of London in several major insurance and reinsurance classes, including marine, property and energy. For more information, please visit hanover.com.
All products are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates ("The Hanover"). Coverage may not be available in all jurisdictions and is subject to the company underwriting guidelines and the issued policy. This material is provided for informational purposes only and does not provide any coverage. For more information about The Hanover visit our website at www.hanover.com.
©2017 The Hanover Insurance Group, Inc. All Rights Reserved.
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SOURCE The Hanover Insurance Group, Inc.