October 11, 2011 – Policy Works Inc. is pleased to announce it has entered into an agreement with The Dominion of Canada General Insurance Company (The Dominion) to deliver a commercial lines data exchange solution for small Commercial business, integrating Policy Works’ Commercial Management System (CMS) and The Dominion’s Commercial systems. This solution offers no-touch, straight-through processing in real time, enabling brokers to send submissions to and receive quotations from The Dominion electronically, all while staying within the Policy Works desktop environment.
“The Dominion’s E-CLIPS portal is a market leading self-serve insurance broker solution, for small Commercial business,” said Linda Regner Dykeman, Senior Vice President Commercial Lines at The Dominion. “Implementation of the straight-through data integration technology for E-CLIPS will further differentiate us in the marketplace and enable brokers to transact Commercial quotes without ever leaving their Policy Works desktop. This is aligned with the data integration objectives of our broker partners at the Insurance Brokers Association of Canada (IBAC) and ORBiT – focusing on increased efficiency and profitability, reduced costs and increased sales.”
“It’s very exciting to work with a partner like The Dominion,” states Kevin Campbell, President, Policy Works Inc. “Our broker network has been quite vocal in its desire to see The Dominion added as a data exchange partner. The Dominion shares our enthusiasm for streamlining the independent broker distribution channel at the desktop level, and we look forward to offering this solution to our brokers.”
The integration is expected to be completed by the fall of 2012. The Policy Works Certified Data-Exchange Partner (CDEP) program ensures that commercial data is exchanged between insurers and Policy Works in an accurate, reliable, and secure manner. Policy Works Inc. and all CDEP partners are committed to working with the CSIO standards.
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. www.policyworks.com
About The Dominion
Canadian owned and operated since 1887, today The Dominion is one of the country�s largest property and casualty insurers. The Dominion takes pride in providing Canadians with confidence that the cars, homes and businesses they value are protected. A fierce advocate for consumer interests, The Dominion is committed to making sure the insurance system works best for consumers. The Dominion strongly believes consumers should have access to independent, professional advisors, who provide advocacy and choice, which is why they distribute their products exclusively through independent brokers. The Dominion’s priority is to earn and maintain the trust and loyalty of policyholders, employees and business partners. Visit thedominion.ca.