NEW YORK, — XL Catlin has enhanced its recently launched online P&B aviation insurance platform, VB Bind Speed, with added, instant servicing options for brokers.
“Our VB Bind Speed platform boosted our own underwriting velocity, helping us respond more quickly to protect our clients’ aviation interests and assets,” said Eric Donofrio, North America regional manager of XL Catlin’s aviation insurance business. “Now, with these further enhancements, we’re giving our brokers instant online access to certificates, endorsements and routine servicing features to serve our mutual clients and address their changing insurance requirements quickly and efficiently.”
VB Bind Speed’s new “Service Policy” capabilities provide brokers with a number of instant policy servicing options including:
- Instant generation of a broad variety of insurance certificates and associated endorsements;
- Easy access to make routine changes to policy, including the addition and deletion of pilots/aircrafts and issue required updated endorsements
- The ability to call up an easy-to-view snapshot of relevant policyholder information , including full data on aircraft, pilots, limits and a complete repository of all policy documents.
- Streamlined cancellation and renewal processing
XL Catlin’s VB Bind Speed aviation insurance platform provides aviation brokers convenient online access to P&B aircraft insurance quotes, and then binds coverage for instant delivery of policies to eligible accounts. The system’s features include auto-generation of quotes, invoices and full policy documents upon binding in PDF format.
SOURCE XL Catlin