OneBeacon Insurance Adds Policy View
to list of TransactNOW Offerings
Windsor, CT — OneBeacon Insurance has added policy view to their existing TransactNOW implementation. Insurance agents representing OneBeacon will now have the ability to access personal and commercial policy view inquiries (including access to OneBeacon's Policy Print Register) directly from their AMS management system using TransactNOW. Adding the policy view inquiries adds significant time savings for OneBeacon agencies.
TransactNOW enables AMS management system customers to process business transactions with carriers via a real-time single-entry workflow, without having to leave their system. Initially launched with billing and claim inquiries, AMS has added policy view inquiries, Carrier Passport, real-time endorsements, quote-and-issue and much, much more. Carrier Passport enables users to go directly from the TransactNOW inquiry to the full spectrum of functionality available through the carrier's Web site.
Headquartered in Boston, Massachusetts, OneBeacon Insurance Group provides property-casualty and select specialty insurance solutions. With roots dating back more than 170 years and an A.M. Best rating of A (excellent), OneBeacon's wide range of personal, commercial and specialty products and services are sold through select property-casualty independent agents. OneBeacon Insurance Group is wholly owned by White Mountains Insurance Group, Ltd., of Hamilton, Bermuda. White Mountains' principal businesses are conducted through its subsidiaries and affiliates in the business of property-casualty insurance and reinsurance. The company is publicly traded on the New York Stock Exchange and Bermuda Stock Exchange under the symbol "WTM."
Since its launch early in 2003, more than 4,000 agencies are actively using TransactNOW. TransactNOW uses ACORD® standards and XML technology to integrate carrier Web site functionality into agency management system workflow. This means transactions and carriers can be rapidly added, and agents can rapidly deploy. Developed in close cooperation with The AMS Users' Group, TransactNOW is available to agencies using all AMS management system products. For further information, contact AMS at iisg@amsworld.com.
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