Zurich brings new motor and marine capability to the market to "make life even easier" for brokers

11
Apr
2014
Zurich is delighted to be the first commercial insurer to market with a new motor capability which takes the hassle out of vehicle selection when quoting motor insurance.

This exciting initiative for all commercial motor new business means that a broker simply enters a customer’s registration into Z.streamXpressMotor and using sophisticated technology, Zurich will automatically present a year, make and model of the vehicle for confirmation.

Head of Commercial Distribution, Anthony Pagano, says Zurich is the first large commercial insurer to provide brokers with this technology. 

"What's exciting about this new motor capability is that we identified an often frustrating issue brokers experience when selecting a vehicle for their customer so our team sought to develop a solution brokers would value."

"We are committed to investing in technology that provides greater efficiency and relevance to our brokers and this is a great example of making life easier for our customers. It is also a real demonstration of how 'big data' available in the market can be used for a positive customer benefit."

"The most important aspect is that it removes the hassle for brokers, while creating greater certainty around vehicle recognition and allows for better priced risk."

Zurich has already received positive feedback from brokers who are very pleased with the new initiative. 

"In addition to motor, we also continue to innovate in our marine capability. The commodity listing for marine cargo has been updated to reflect sharper rates, along with more relevant underwriting questions, a fast and easy response and the added benefit of immediate closing," adds Anthony. 

For more information simply visit http://www.zurich.com.au/content/zurich_au/brokers/zstreamxpress.html, talk with your Zurich representative or log on to Z.streamXpress .

ENDS

For further information contact:

Helen Black
Head of Marketing, Communications & Customer
Zurich Financial Services Australia
Business ph: +61 (02) 9995 1368

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of general insurance and life insurance products and services. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.