Streamlining Efficiency in Liability Insurance Management
bindIT is a digital platform designed to enhance the efficiency of brokers in handling various liability coverages including Public & Products Liability, Management Liability, and IT Liability. The platform leverages technology to streamline the insurance process, making it more user-friendly and automated.
Key Features of Public & Products Liability on bindIT
Quick Quote Feature
Brokers can generate premium indications quickly by entering just four key details: Proposer, Annual Turnover, Liability Limit, and Business Activities.
Streamlined Proposal Forms
Easily create and share a proposal link with your clients, guiding them through an interactive form. Review and modify their submissions before submitting for an instant response.
Formal Quote Process
For detailed quotations, brokers input client information and answer questions regarding past claims, enabling a more precise assessment.
Work Undertaken Section
Allows brokers to specify the range of their clients’ business activities, including adjustments for multiple ventures, ensuring coverage accuracy.
Risk Assessment
bindIT assists in evaluating risks related to product imports/exports and operations in high-risk areas. It also includes a detailed analysis of business risks such as wage payments and subcontractor costs.
Customisation Options
Offers the flexibility to customize quotes based on specific client needs, with options for various limits and specialized extensions like increased Care Custody and Control, Exports to the US, Errors and Omissions, or Product Recall.
bindIT offers a comprehensive and efficient solution for managing various liability insurance needs. Its blend of user-friendly design, detailed coverage options, and rapid response system positions it as an essential tool for modern brokers. For a more streamlined and accurate insurance process, explore the capabilities of bindIT and see how it can enhance your brokerage services.
Related Links
Quote and Bind a Policy Instantly
bindIT: Unveiling Automated Public Liability
Online Insurance Simplified with bindIT
Important Notice
Berkley Insurance Company (limited company incorporated in Delaware, USA) ABN 53 126 559 706 t/as Berkley Insurance Australia is an APRA authorised general insurer. Information provided is general only, intended for brokers and has been prepared without taking into account any person’s particular objectives, financial situation or needs. Insurance cover is subject to terms, conditions, limits, and exclusions. When making a decision to buy or continue to hold a financial product, you should review the relevant Policy Wording.
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