CoverageCorp Offers Business Solutions For Insurance Brokers and Agents.Business Editors/High Tech Writers CHARLOTTE, N.C.--(BUSINESS WIRE)--Oct. 30, 2000 Access CoverageCorp, Inc., a leading Internet provider Internet provider - Internet Service Provider of business insurance solutions for small and mid-sized companies, announced the expansion today of its Virtual Insurance Platform (VIP) as an e-business (Electronic-BUSINESS) Doing business online. The term is often used synonymously with e-commerce, but e-business is more of an umbrella term for having a presence on the Web. solution for brokers and agents. Licensing the patent-pending VIP allows agents and brokers to have access to a broad range of electronic support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services through a single-entry, multi-carrier interface. Another key feature of the VIP is the ability it gives agents and brokers to provide a higher level of customer service through a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. call center solution. The result - greater time efficiency and substantial cost savings. In addition, the agent or broker has the option of using CoverageCorp's multi-carrier call center to manage several or all of the customary service inquiries, which can dramatically reduce operating and acquisition costs incurred by brokers or agents. Businesses would then have the ability to change policies, file or check the status of a claim more rapidly, and have access to educational resources such as loss prevention guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. and OSHA OSHA n. Occupational Safety and Health Administration, a branch of the US Department of Labor responsible for establishing and enforcing safety and health standards in the workplace. regulations. "Not only does the VIP provide essential support services, it streamlines the acquisition process for an agent, increases efficiency, and accuracy of data received," said Frederick Waite, chief eCommerce officer of CoverageCorp. "Results to common business requests can take up to three weeks. The CoverageCorp interface produces results no later than one business day." About CoverageCorp Based in Charlotte, CoverageCorp provides Internet access See how to access the Internet. to a full range of property and casualty insurance coverage for small and medium-sized businesses through nationally renowned insurers. Businesses accessing CoverageCorp or its partners can obtain quotes and bind coverage online--usually within the same business day; file or check on the status of a claim, update policy information and get advice on coverage and insurance products. For more information, visit http://www.coveragecorp.com or call 704.940.4313. |
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