The Hanover Insurance Group, Inc. expanded its TAP Sales online quote and issuance capability to now include management liability and miscellaneous professional liability products. With this addition, Hanover says its agent partners can now easily quote, rate, bind and issue stand-alone specialty policies for small-business clients. In addition, Hanover says the expansion of online quoting and issuance for management liability and miscellaneous professional liability allows agents to:

Obtain aggregate limits of up to $2 million online
Select one, or a combination of, management liability coverage parts
Easily create multiple, tailored quotes by copying an initial quote and modifying limit, deductible, and coverage options
Align policy bill schedules with existing bills
Generate a professional binder or a quote proposal for use with customers
Obtain instant access to declarations packages upon issuance

Travelers Companies, Inc. launched IndustryEdge for Professional Services, a tailored business insurance solution. The new product offers coverages that include general liability, property, commercial auto, workers' compensation, professional liability and cyber to help customers mitigate industry-specific risks such as data breaches, theft and lawsuits. IndustryEdge for Professional Services is specially designed to meet the individual needs of architects, engineers, accountants, consultants, lawyers and others.

Special Reports /

Around the P&C insurance industry: September 30, 2020

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