"We're committed to using technology to make it even easier for producers to work with us and to better serve their clients," said Vincent Tizzio, president of Zurich Integrated Products unit. "Z Fit provides an immediate response to producers' inquiries to ascertain whether their customers' business meets ZIP's product appetite."
Tizzio said Z Fit is a password-protected tool that is accessible through ZIP's Web site 24 hours a day, seven days a week. All producers have to do is log on, answer a few basic questions about their customers' business and insurance coverage needs, and within minutes, Z Fit will indicate whether the submission fits the requirements for ZIP's risk categories.
"If the account is eligible, producers will be prompted to submit the application online, along with loss run and other required submission information," Tizzio said. "The submission will then be sent to Zurich's Intake Center for underwriting review and registration."
Z Fit is available for all ZIP products, including automobile, general liability, property, umbrella, excess, workers' compensation, directors & officers, errors & omissions, employment practices liability, crime, accident & health and environmental.
Zurich launched its ZIP unit in April, 2008 to fill a commercial insurance need for businesses generating between $5 million and $25 million in annual revenues.
