Travelers Paperless System For Agents

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NU Online News Service, July 16, 3:50 p.m.EST?Travelers Property Casualty announced the launch of anew electronic policy viewing capability for its independentagents.

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The company said the system should cut the amount of forms theagents need to store for their commercial insurance business.

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Electronic policy view (EPV) allows independent agentsnationwide to access, view, print and save commercial insurancepolicies in real time, said the Hartford, Conn.-based company.

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"Electronic policy view provides Travelers agencies withunprecedented real-time access to the various types of coverageinformation included in a commercial insurance policy," said DavidFindley, senior vice president of commercial and personal insuranceoperations for Travelers, in a statement.

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Mr. Findley added that, "This capability virtually eliminatesthe need for agencies to store paper copies of policies in theiroffice files."

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Travelers said agencies could now search for policy transactionsand view the resulting policy paper online, which is an exact copyof the traditional paper policy.

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EPV displays commercial business insurance policies processedthrough Travelers' various policy issuance systems, usingstate-of-the-art technology to convert files into electronic imagesonce they are received from the various policy issuancesystems.

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EPV is currently available for small business insurance policiesthrough Travelers Agency Portal, the company's online doorway tothe systems, forms and applications independent agencies use on adaily basis.

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Travelers said this application would soon be available forlarger commercial accounts and, in the future, for personalinsurance policies.

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