The Hartford Steam Boiler Inspection and Insurance Co. (HSB) has launched HSB InstantQuote, an online tool that provides a quick way to quote and bind equipment breakdown coverage in as little as three minutes. A two-minute animated demo of InstantQuote can be viewed at InstantQuote is designed to provide new business equipment breakdown quotes for small commercial and middle-market firms with individual location values up to $10 million for manufacturing and $20 million for non-manufacturing.

"With the widespread use of sensitive technologies in most of the equipment used by business, there is a universal need for equipment breakdown coverage," said Anthony J. Trivella, HSB senior vice president and chief marketing officer, Hartford, Conn. "HSB InstantQuote is a simple-to-use, secure, fast service that is available 24/7. The result is an online quoting and binding service that dramatically reduces time and handling cost, making offering equipment breakdown insurance faster and more profitable for our agents."

HSB InstantQuote was developed with input from agents who asked that the tool be simple to use, so that no special technical or equipment knowledge is required. They also wanted the system to be smart and automatically recommend a broad coverage program yet give them the flexibility to revise coverage and price to suit the situation. And they wanted the convenience to bind as well as quote online.

Source: The Hartford Steam Boiler Inspection and Insurance Co.

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