Electronic Issuance Trends
At Great American Insurance Group's Property & Inland Marine, we know your time is important. Like all consumers, insurance buyers are demanding greater convenience when securing their policies. In a recent survey of insurance consumers, more than 60 percent of respondents indicated that they expect policy issuance to be handled digitally. In 2012, GREATpolicy®, an online insurance tool, was launched by Great American Property & Inland Marine Division ("P&IM"). This tool has made it easy to quote and issue eligible Commercial Builder's Risk, Contractor's Equipment and Motor Truck Cargo policies in all 50 states. New enhancements to GREATpolicy® include expanded eligibility for coverage and allows agents to customize coverages by adding additional endorsements. In addition, the enhancements have eliminated waiting periods and increased efficiency, leading to reduced overall costs. New features to GREATpolicy® will be released in the fourth quarter, so move to the front of the line, and quote and bind policies in minutes! To get started, visit GREATpolicy.GAIG.com