Toronto, ON � March 5, 2007 – ING Insurance Company of Canada and Policy Works Inc. are pleased to announce the release of an integrated solution for exchanging commercial lines data.
ING�s proprietary online web tool provides brokers with a single point of entry for commercial lines business. Policy Works automates the marketing of a broker�s commercial risks. Integrating the two systems enables brokers who do business with ING Insurance to upload commercial lines submissions from Policy Works directly into the ING web tool. This eliminates brokers having to enter the same information twice and provides them with quicker turnaround times on quotes.
Though data exchange has been common in personal lines insurance for some time, the development of this integration between ING Insurance and Policy Works marks the first significant stride toward data exchange in the commercial realm. �We believe this technology initiative enhances our relationship with our broker partners as it furthers our commitment to make it easier for them to do business with us,� states Peter Weightman, Senior Vice-President, Commercial Lines for ING Insurance. �The interface to Policy Works reduces double entry by brokers, thereby respecting their time constraints and honouring their existing workflows.�
The integration is based on the new CSIO commercial lines XML standard. �The advent of the CSIO XML standard for commercial lines opens promising new opportunities to the Canadian insurance industry,� says Kevin Campbell, President of Policy Works Inc. �We are really excited that ING Insurance shares our vision of using the standard. Together, we are moving commercial insurance brokers one step closer to a completely electronic workflow.�
About ING Insurance and ING Canada
ING Insurance, a subsidiary of ING Canada Inc. (TSX: IIC) which is the largest auto, property and liability insurance supplier in Canada, provides insurance products to individuals and businesses through its network of 2,200 independent insurance brokerages. More at http://www.ingcanada.com/en/insurance-intropage.html
About Policy Works Inc.
Since 1992, Policy Works Inc. has been leading the development of Commercial Management Systems (CMS) for the Canadian insurance industry. Policy Works streamlines the commercial-lines workflow to manage the entire policy lifecycle efficiently and effectively. More at http://www.policyworks.com.
�change �lectronique de donn�es en assurance des entreprises entre ING Assurance et Policy Works
Toronto, ON � le 5 mars 2007 — La Compagnie d�assurance ING du Canada et Policy Works sont heureuses d�annoncer le lancement d�une solution int�gr�e d��change �lectronique de donn�es en assurance des entreprises.
L�outil en ligne d�ING fournit aux courtiers un point d�entr�e unique en mati�re d�assurance des entreprises. Policy Works automatise les �tapes de mise en march� des risques d�entreprises par les courtiers. Avec l�int�gration des deux syst�mes, les courtiers qui font affaire avec ING Assurance, peuvent t�l�charger leurs soumissions d�assurance des entreprises directement de Policy Works vers l�outil en ligne d�ING, ce qui �limine la double saisie des donn�es et acc�l�re le processus de cotation.
Bien que l��change �lectronique de donn�es soit une pratique courante en assurance des particuliers depuis un certain temps, le d�veloppement de l�int�gration entre les syst�mes d�ING Assurance et ceux de Policy Works marque un point tournant dans l��change de donn�es en assurance des entreprises. « Nous croyons que cette initiative technologique rehausse notre relations avec nos partenaires courtiers compte tenu qu�elle respecte notre engagement de faire en sorte qu�il soit plus facile pour eux de faire des affaires avec nous, a d�clar� Peter Weightman, Premier vice-pr�sident, Assurance des entreprises chez ING Assurance. « L�interface avec Policy Works r�duit la double saisie des donn�es, r�duit le temps consacr� par les courtiers � la mise en march� tout en permettant de respecter et de conserver leurs processus internes existants. »
L�int�gration est bas�e sur les nouvelles normes XML du C�PA en mati�re d�assurance des entreprises. « La d�finition de ces normes XML du C�PA pour l�assurance des entreprises offre des opportunit�s prometteuses � l�industrie de l�assurance au Canada, a affirm� Kevin Campbell, Pr�sident de Policy Works Inc. « Nous sommes tr�s heureux qu�ING Assurance partage la m�me vision que nous en ce qui a trait � l�utilisation de ces normes. Ce faisant, les courtiers en assurance des entreprises se rapprochent du moment o� l�ensemble de leurs processus seront automatis�s. »
� propos d�ING Assurance et d�ING Canada
ING Assurance est une filiale d�ING Canada inc. (TSX : IIC), le plus important fournisseur d�assurance automobile, biens et responsabilit� au Canada. Elle offre ses produits d�assurance aux particuliers et aux entreprises par l�entremise de son r�seau de 2 200 courtiers d�assurance ind�pendants. http://www.ingcanada.com/en/insurance-intropage.html.
� propos de Policy Works Inc.
Depuis 1992, Policy Works Inc. est le leader du d�veloppement de logiciels en assurance commerciale (SGC) pour l�industrie de l�assurance au Canada. Policy Works normalise le d�roulement complet des op�rations des lignes commerciales, permettant ainsi une gestion efficace d�un cycle complet d�une police. http://www.policyworks.com.