FARMINGTON, Conn., July 11, 2011 (GLOBE NEWSWIRE) -- BOLT (Business Owners Liability Team), a leading insurance agency that exclusively protects small business owners, announces its top ranking in the 2011 Vanguards in Insurance Practices (VIP) Standards and Technology Best Practices Awards recently presented at the ACORD LOMA Insurance Systems Forum in San Diego. The VIP Awards are sponsored by INN in partnership with Celent.
The VIP Best Practice Award – Phase II of the VIP Awards – is based on a nomination process that includes all vendors who had earned a spot in the VIP Phase I ranking. The BOLT nomination was submitted by SeaPass Solutions and focused on BOLT's use of SeaPass technology as a way to provide commercial lines insurance via online, real-time, direct-to-consumer quotes from multiple carriers. In addition, the nominated story highlighted BOLT's partnership with American Express; a partnership designed to offer services through a joint branding effort called InsuranceEdge which targets American Express OPEN small-business cardholders.
"We extend our congratulations to the BOLT team for their VIP Best Practices Award win," noted INN's Editor-in-Chief, Patricia Speer. "BOLT's initiative -- providing a straightforward, responsive, and transparent method to enable the online buying process, coupled with the trusted American Express brand -- has proven to be a successful approach to gaining confidence and trust of small-business owners."
"We are extremely honored to be recognized by the industry with this award and we extend our sincere thanks to both INN and Celent," said Tom Hammond, BOLT Executive Vice President of Operations. "We strongly believe that this recognition validates the value of the use of technology, standards and strong partnerships in delivering the best possible customer service; especially to markets like small business owners who have not had a lot of options available to them in the past."
About BOLT
BOLT, the Business Owners Liability Team, is a national insurance agency that exclusively protects the owners of small businesses. 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, Zurich, Ace and Chubb. BOLT Insurance Agency is headquartered in Farmington, CT, and is licensed to do business in all fifty states. For additional information, visit the BOLT website at www.boltinsurance.com.
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