Cambridge, MD--G. Philip Feldman, CEO of technology insurance provider ISG International, announced today that the company has launched breakthrough technology on its CCBsure Web site that provides Businessowner's Property and Casualty (P&C) Liability insurance coverage to independent computer consultants, in real time, over the Internet. No insurance provider has ever offered immediate, automated P&C business insurance coverage before.
"CCBsure is the first and only insurance program to enable small business owners to rate, quote, bind and buy Businessowner's insurance coverage in a real-time environment," said Feldman. "Once they're online at CCBsure.com, the entire process from application to receipt of a Certificate of Insurance takes less than 15 minutes." ISG originated the phrase "Realtime Underwriting" to describe the process by which their online customers obtain coverage.
Independent computer consultants usually work for a number of employers throughout the year, obtaining assignments on a project-by-project basis, either directly through employers or via temporary employment/IT staffing agencies. Proof of Businessowner's P&C coverage is often a mandatory requirement for employment.
"Lack of coverage can be a disqualifier for computer consulting employment," added Feldman, "so even a slight delay in obtaining coverage can mean loss of an assignment to another consultant that has P&C coverage."
"In today's competitive job market, with technology companies operating at light speed, we saw a need for a Businessowner's plan that could provide immediate coverage," said Steven R. Robinson, Chief Operating Officer for ISG International. "CCBsure is first to market with such a product and we believe a trend will result from this."
Insurance companies commonly issue Businessowner's P&C policies to cover damage to property, or personal injury to others, that may occur as a result of the business owner's activities on the job. The CCBsure plan is specifically designed to provide P&C insurance to independent computer consultants. ISG International has extensive experience insuring thousands of technology companies and their workers through their CCBsure program.
Independent IT consultants have traditionally obtained P&C insurance by completing applications and waiting out the review and underwriting process of their insurance agent and carrier, a process that can take several days to complete. CCBsure rates and issues P&C insurance coverage during the applicant's visit to CCBsure.com, allowing independent computer consultants to receive insurance certification in 10 to15 minutes. Applicants can pay for Businessowner's coverage by credit card online.
Once their Businessowner's policies are approved, CCBsure customers can return to CCBsure.com anytime to immediately print their own Certificates of Insurance. Traditional insurance providers require a waiting period for coverage as well as for delivery of a Certificate of Insurance. Some even charge a fee for the Certificates.
"For independent IT consultants there is no quicker, easier way to obtain necessary P&C insurance than by visiting CCBsure.com," said Feldman. "That can be the difference between winning and losing profitable new assignments for these entrepreneurial small business owners."
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