CAB meets GREATpolicy®
Did you know that Property & Inland Marine’s GREATpolicy® just got better? P&IM’s Motor Truck Cargo tool is now integrated with the Central Analysis Bureau. GREATpolicy not only gives you the ability to quote, bind, issue, and print policies within minutes, but also provides valuable insights on motor carriers.
Central Analysis Bureau (CAB) has been a vital part of commercial auto and inland marine insurance underwriting for over 75 years. While providing cutting edge products for in-depth motor carrier analysis, CAB offers information for claims, loss prevention and SIU departments.
This new integration with CAB makes quoting a submission even easier, as confirmed by one of our agents in this testimonial:
“Wanted to say that the changes to GREATpolicy that came down this morning are awesome! Huge time saver to have all the CAB info prefilled by the DOT number.”
Certain fields will prefill so you do not even have to enter them! When the applicant’s Department of Transportation (DOT) number is entered, the following is returned:
- The insured’s name and mailing address
- Contact information
- Motor Carrier (MC) Number and status
- Years in business
- Vehicle schedule with Vehicle Identification Numbers (VIN)
Other information provided within the tool includes:
- Indicators for freight forwarding exposures
- Financial ratings
- CAB Inspection Selection System (ISS) ratings
- Chameleon carrier characteristics. (A chameleon carrier is one that attempts to avoid the consequences of safety violations by closing and reopening as a new entity.)
This in-depth motor carrier history gives you information critical to providing customized insurance solutions. As we continuously strive to provide technological solutions, our agents are noticing.
“You guys are doing an awesome job, I noticed the changes last week and I am very happy with the results so far… You guys are pushing the envelope,”
“Great American’s website is one of the most user-friendly, love it! And I appreciate it!”
Get started today by visiting GREATpolicy.GAIG.com! Contact your Property & Inland Marine representative if you have any questions.
Download our Motor Truck Cargo brochure for more information.