You want to take advantage of online distribution for your specialty lines but there isn't enough money in your IT budget to develop your own sales portal. For large insurance companies and agencies, most of your IT resources are earmarked for your home and auto lines leaving little left over for your specialty products.
FLEX for Specialty Lines™ helps you overcome these challenges by reducing the expense and risk associated with distributing your products online, helping you to achieve faster and more convenient service for your customers, and broadening your reach.
FLEX for Specialty Lines lets you define your product application forms, rates, and underwriting rules and helps you deliver them to market cheaper, faster, and with better results.
FLEX manages your entire policy lifecycle including new business, renewals, mid-term changes, cancellations, term extensions, and proof-of-insurance certificates. Applicants can pay by credit card, debit, online bill payment, cheque, agency bill, or premium financing through our state-of-the-art billing and payment system. Documents are automatically generated, saved, and issued at the end of the process.
We are also ready to serve your international markets—FLEX supports multiple languages, multiple currencies, and multinational formatting.
FLEX for Specialty Lines is ideal for a full range of products including:
- Amateur sports
- Art, jewelry, and other valuable articles
- Business interruption
- Commercial general liability
- Commercial property
- Directors' and officers' liability
- Employment practices liability
- Equipment breakdown
- Event liability and cancellation
- Excess liability
- Identity theft
- Information technology
- Media liability
- Miscellaneous professional liability
- Pet health
- Prize indemnity
- Radio, television, and film production
- Tool floaters
- Trade credit
- Watercraft, and many more…