Features & Quick Stats
Key Features
- Automate and simplify small business quotes
- Real-time connectivity
- Close business faster
- Intuitive user experience
- Deliver more value
Core Business
How Commercial Submissions Helps Independent Agents & Brokers
Partnerships
Catalyit Team Review
A Cutting-Edge Quoting Solution Tailored for Small Business Insurance Needs
Published: July 19, 2024
What we like:
- Real-Time Connectivity: Uses rating APIs for swift, real-time quoting experiences.
- Automated Data Prefill: Reduces manual data entry by seamlessly prefilling data from your Vertafore AMS, optimizing the quoting process.
- Integration Capabilities: Offers excellent integration with third-party applications and databases, significantly reducing manual workload and enhancing efficiency in handling multiple lines of business.
Things to consider:
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It’s advisable to review the available lines of business and carriers to ensure they align with your current market needs, as the tool currently supports a limited selection.
Summary:
Commercial Submissions by Vertafore is a cutting-edge quoting solution tailored for small business insurance needs. This tool minimizes the tedious task of repetitive data entry by automatically prefilling information, thereby accelerating the quoting process with various carriers. It’s designed to streamline connections between agencies and carriers.
Final Thoughts:
Commercial Submissions stands out as an innovative tool to bridge the gap in the insurance submission process. Leveraging existing data within the agency management system not only saves time but also sets a precedent for streamlining operations across various lines of business. Although its current offerings are limited to common lines of business, its potential to save time and pave the way for future integrations makes it a noteworthy option for insurance agencies.
* Unbiased review based upon information and insights available.
Commercial Submissions Videos
5 AI Opportunities for Retail Insurance Agencies in 2025
Office Space Day: Peter Gibbons’ Journey to 2025
Office Space Day: Bill Lumbergh’s Journey to 2025
Product FAQs
Quoting – Commercial Lines
CLQ-Do you offer a customer facing portal?
No
CLQ-What is your inventory? Provide a URL to your website or list insurance companies whose rates are available through your system or whose rating website can you access.
View available companies on our website
CLQ-Do you allow real-time consumer facing quoting?
No
CLQ-Does your system pre-fill data from outside databases?
Yes
CLQ-Do you offer application bundling?
Yes
CLQ-Can the agent email a proposal from within the system to their client?
Yes
CLQ-Does your system have the capability of importing schedules (vehicles, location) to pre-fill fields?
Yes
CLQ-Please list the state(s) where premium quotes are available for your system.
View available states by LOB on our website
CLQ-Do you provide a coverage comparison between companies?
Yes
CLQ-Describe which AMS vendor and system, and the type of integration provided.
Vertafore AMS360, Sgitta
CLQ-Are class codes built in?
Yes
CLQ-Do you offer insurance company submission management?
Yes
CLQ-Can your system go directly to ACORD forms and pre-fill data?
Yes
CLQ-Are quotes bindable at the time of quote being generated?
Yes
CLQ-What lines of business do you offer in your platform?
[BOP, General Liability, Workers Comp, Package, Commercial Auto, Umbrella, E&S]
User Community
Network of Vertafore Users (NetVU) connects Vertafore users to share experiences, workplace needs, and professional goals. As a benefit of using Vertafore technology solutions, Vertafore customers are NetVU members at no cost.