Zurich, a P&C insurer, is working with Zurich Agency Services Inc. (ZAS) to develop an online portal designed to bring its community banks offering to agents and brokers.
Zurich says it has worked with ZAS, formerly Universal Underwriters Insurance Services Inc., to develop an online portal allowing agents and brokers to enter submissions for coverage. The channel currently is for community banks only, and was created to provide agents and brokers the ability to address the needs of P&C, collateral protection, bonds, and directors and officers.
Additional products and services include Zurich’s proprietary property policy, which contains no vacancy or margin clauses, a separate Mortgagee Protection Policy to cover liabilities stemming from mortgage operations, and an online tool for banks to add/delete properties for real estate-owned and lender-placed exposures, says Zurich.
