FARMINGTON Conn., May 9, 2011 (GLOBE NEWSWIRE) -- Business Owners Liability Team (BOLT Insurance Agency) has signed an agreement with Zurich Small Business to distribute its small commercial insurance products to business owners across the country on the BOLT Insurance portal platform.
"By signing with Zurich Small Business, BOLT has significantly increased the breadth and depth of our world-class carrier base, giving our small business owner customers access to an even wider range of products from top-tier insurers committed to the small-business market," said BOLT Insurance EVP Tom Hammond. "Zurich's commitment to the small-commercial market, especially the Restaurant and Apartment Owners programs, will make this a highly productive partnership."
Using BOLT Insurance (www.BoltInsurance.com), small business owners can obtain access to top markets and carriers online, with immediate quotes and expertise consultation. The company's proven Web-based technology collects all underwriting information required by top-line carriers, and allows business owners to view proposals online within minutes. BOLT's exclusive focus on small business and the strength of its technology platform, processes and team of experts combine to deliver a unique "high tech/high touch" approach to serving the very specific needs of small business owners.
"The partnership with BOLT enables Zurich Small Business – already one of the top five providers of commercial insurance in the United States – to cost-effectively expand its offerings to Small Business Owners, which quickly enhances our distribution into areas where we are looking to grow the business," said Bill McCauley, Northeast Regional Director for Zurich Small Business. "By partnering with BOLT Insurance, we're able to leverage this innovative distribution network to get our products to more business owners at a lower cost – for savings we can pass on to our business insurance customers."
BOLT's current line of commercial insurance products includes business owners policy (BOP), commercial auto, umbrella insurance, workers' compensation, employment practices liability insurance (EPLI), professional liability, and surety bonds.
About Zurich Small Business
Zurich Small Business provides a business owner's policy (BOP) for property and liability, as well as umbrella, commercial auto and workers' compensation insurance. These products are sold in 49 states plus the District of Columbia. Management over Zurich Small Business, which serves independent agents, was acquired by the Truck Insurance Exchange, which is one of the Farmers Exchanges and a member of the Farmers Insurance Group of Companies®, in June of 2008. Farmers is the nation's third largest personal lines property & casualty insurance company and is headquartered in Los Angeles, California and is a member of the Zurich Financial Services Group®, an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe, as well as in Asian Pacific, Latin America and other markets.
About BOLT
BOLT, the Business Owners Liability Team, is a national insurance agency that exclusively protects the owners of small businesses. BOLT agents help business owners choose the right insurance products to fully protect both their businesses and themselves personally. BOLT offers an on-line and interactive experience with leading carriers. As such, business owners can thoroughly compare coverage and pricing, and ultimately purchase cost-effective insurance for their businesses within minutes. Business insurance policies offered by BOLT include, but are not limited to, General Liability, Business Property Insurance, Workers' Compensation, Commercial Auto, Umbrella Insurance, Errors and Omissions, Directors and Officers, Business Interruption, Employment Liability, Sexual Harassment and Flood. These policies are provided by top-rated insurance carriers such as The Hartford, CNA, Liberty Mutual, Ace and Chubb. BOLT Insurance Agency is headquartered in Farmington, CT, and is licensed to do business in all fifty states. Come visit us at: www.boltinsurance.com.
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