Lakeland, Fla.-based Summit, a provider of workers' compensation insurance services in the southeastern U.S. and a unit of Boston-based Liberty Mutual Agency Markets, has released its Web-based WriteNow Risk Eligibility Tool. This tool is a complementary new feature to the company's WriteNow Online Quoting Service.
The WriteNow Risk Eligibility Tool allows insurance agency staff to determine account eligibility for Summit's workers' comp programs and to view specific information related to a business's risk category. Details, such as prior coverage requirements, minimum premium, current rates, and preinspection requirements, are readily available and categorized by state and Summit-managed carrier.
The WriteNow Risk Eligibility Tool also enables users to review the North American Industry Classification System (NAICS) codes that may apply to their clients. Because Summit now uses NAICS codes as well as the traditional class code system to analyze potential risks, accounts are evaluated on a more highly specialized level, potentially broadening qualifying business under this new underwriting system.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio