Seattle-based Safeco Corp. and Aon Risk Services have introduced an online interface designed to improve communications between the two companies, thereby improving service for risk managers and contractors.By making it easier to report new bonds, and eliminating errors in the renewal and billing of in-force bonds, Aon and Safeco will reduce the day-to-day involvement of risk managers and contractors without compromising their control.
The interface was developed by Safeco, the fifth largest U.S. surety writer, and Aon, a Chicago-based risk management and insurance brokerage. The technology uses the latest ACORD XML standards and improves speed and accuracy from new-business issuance through bond renewal, including endorsements, cancellations and reinstatements.
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