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Monthly Archives: June 2013

ABEXAccess.com News – Quote, Issue, DONE!

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In gearing up to our official launch of ABEXAccess.com, every couple of weeks we will provide you with a little more information of what your experience will be like with this groundbreaking platform for Real-Time rating and paperless policy issuance.

Why is it awesome?

Through ABEXAccess.com, you will be able to obtain a quote, have ABEX approve binding and issuing the policy, and complete policy issuance, all in Real-Time!

How does it work?

Getting a quote from ABEX will be as easy as securely going to ABEXAccess.com, selecting one of our insurance products, and answering the minimum questions we need in order to determine the premium. You will even be able to review with your client the policy details provided online.

But that’s not all!

If your client wants to proceed with purchasing the quoted policy, you can accept the quote and send it to ABEX to approve in Real-Time. But if that isn’t awesome enough, read what comes next!

After ABEX reviews and approves the quoted policy, it will be sent back to you to complete the policy issuance – all in Real-Time! 

And you’re DONE!  You will be able to provide your client with the declarations page, summary details of their information, and even issue certificates.  All of this information can be either printed or emailed to your client directly out of ABEXAccess.com.

Show me!

Please note that the screen shots below are examples only.

Click here for larger screen shots

First start the process to obtain a quote:

Click to get a Quote 

Then fill out any required information in order to obtain the quote.  Note: We have optimized this process so that the least amount of questions is asked.

Please Complete

Then select which quote is right for your client.  You can view and share the policy details with your client by clicking the link next to the quoted policy.

Select a Product

You can accept the quote and send to ABEX to approve the new policy for issuance.  An ABEX staff member will review the submitted policy information in ABEXAccess.com and send it back to you for approval.  When you receive the approved policy, you can then proceed with policy issuance:

Issue Policy

And you’re done! 

The declarations page, summary of the application, and even certificates can all be sent to the Insured electronically directly from ABEXAccess.com.

ABEXAccess.com will be released in the coming weeks.  If you are interested in test driving it contact us today.

ABEX and ITS to provide secure Real-Time Rating and Paperless Policy Issuance

Frog for ITS Press Release

Affiliated Brokers Exchange Ltd. (ABEX) and Insurance Technology Solutions Inc. (ITS), are thrilled to announce a next generation Policy Administration System that will provide secure Real-Time Rating and Paperless Policy Issuance through ITS BindEasy Solution.

The new Policy Administration System will allow ABEX brokers to:

  • Provide clients with real-time quotes in minutes  (for both Personal and Commercial Lines)
  • Issue paperless policies securely
  • Provide brokers with a secure web portal that will allow brokers to make coverage changes, update policy information, fill out applications for new insurance coverage, self-serve for certain types of insurance certificates and get real-time quotes
  • Get instantaneous response on account referrals in a secure real-time environment
  • Go mobile! Both brokers and their clients will be able to experience all of the above benefits using popular mobile devices (iPad, iPhone, Android tablets and phones, Windows tablets and phones)

“ABEX is pleased to lead the industry by offering a groundbreaking technology that will allow brokers and their clients to experience a revolution in on-line service”, says Jad McGregor, ABEX VP Business Development. “ABEX’s platform ABEXAccess™, provided by ITS’ BindEasy technology”, adds McGregor, “provides a combination of easy access and high efficiency, enabling brokers to submit risks electronically from their office or from the field, using a multitude of devices, including iPad, smartphone, tablet, laptop or desktop.  A quote or indication is obtained in minutes through this state-of-the-art quoting and binding process, allowing better performance gains for all users.  ABEXAccess™ will be released in the coming weeks, and those interested in test driving it can contact us at quotes@abexinsurance.com.”

Steve Kaukinen, President, ITS, comments “ABEX values are very similar to our own; we appreciate how difficult the insurance purchasing process can be and are driven to change that for both brokers and their clients.” Steve adds, “Our BindEasy solution is secure, paperless, real-time and mobile and that’s what buyers expect, it’s the future of insurance.”

ABEX is an MGA that provides brokers with a wide range of out of the box solutions for standard and misunderstood risks.  ITS provides insurance technology solutions including its flagship product BindEasy, a powerful and secure Policy Administration Solution.

For Further Information Contact:

Jad McGregor, VP Business Development
ABEX – Affiliated Brokers EXchange Ltd.
785 Bridge St, Waterloo, ON,  N2V 2K1
Tel: (519) 880-0044 
Toll Free:  1-888-643-2217
quotes@abexinsurance.com
www.abexinsurance.com

Steve Kaukinen, President & CEO
Insurance Technology Solutions Inc.
(905) 334-2070
steve@BindEasy.com
www.BindEasy.com


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