E&S JWG

E&S JWG Videos Posted on YouTube!

2011-05-04T17:03:00.002-04:00

Great videos from Jeff Yates (ACT Executive Director) of the great work being done by the E&S Joint Working Group. Check them out!

E&S Joint Working Group Accomplishments
John Deibler-- http://www.youtube.com/watch?v=0WWqquTbAfc

Importance of E&S Joint Working Group to Retail Agents
Angelyn Treutel-- http://www.youtube.com/watch?v=cM4NwdET9Cw

Retail Agent-GA-Carrier Interface Progress

Mike Roy-- http://www.youtube.com/watch?v=Sj4iPnyiiFI

Lloyd's Subgroup + GA Interface Progress

Tammie Miller-- http://www.youtube.com/watch?v=2t7uUeojJGA

Key E&S Developments Showcased at AAMGA Tech Conference

C.J Ketterer & Jim Mastowski-- http://www.youtube.com/watch?v=TYFy2uefbRU

Importance of ACORD apps & standards in E&S industrySharon Emek & Mike Ardis-- http://www.youtube.com/watch?v=fI4p2OO0zI0

Encouraging Involvement of Retail Agents & Others in the E&S Joint Working Group

Eldon Hunsicker-- http://www.youtube.com/watch?v=ie-3dINTZuo

Retail Agent Testimonial on the Value of Moving to RealTime in the E&S Market

2011-03-19T17:24:00.001-04:00

Boosting Interface in the MGA ArenaOver the past several years, our fifth-generation independent agency has streamlined its personal and commercial lines operations in the standard markets using real time and download workflows. These workflows allow agents and brokers to move data seamlessly between their agency systems and their partners’ systems.
Real time and download interface tools, based on ACORD standards, have started to catch on in the surplus lines and program business marketplace. This allows retail agents and brokers to transfer data, without the need to rekey, up and down the E&S/program business supply chain. This is an exciting time in the industry, as these workflows are more
broadly adopted and rolled out in the wholesale marketplace.

When the industry first discussed applying these enhanced workflows to the MGA/E&S arena, we analyzed our agency's surplus lines book of business. We found that more than 60 percent of the surplus lines coverage we write is in commercial property and general liability. ACORD data standards AL3 and XML are in place for these lines of business, as they are for business owners, commercial auto and workers compensation coverages. Knowing this, we began talking about these tools with our agency’s MGA partners and demonstrating to them how the tools worked.

One of the MGAs we talked with is Glatfelter Insurance Group of York, Pennsylvania. We use Glatfelter's Volunteer Firemen's Insurance Services (VFIS) program to insure several local volunteer fire departments. Fire departments already have commercial property and casualty coverages in place—auto, property and GL—that are supported by ACORD real time and download standards. Just as we would advise carriers in the standard markets, we advised Glatfelter to implement download first, followed by real time inquiry/service transactions and then real time rate and issue functionality. The same counsel would hold true for anyone in the wholesale arena.

The first coverage we piloted—and subsequently adopted—with Glatfelter was commercial auto download. Depending on its size, a fire department can have a significant amount of vehicles to insure: ladder trucks, fire engines, pumpers, fire police vehicles, chief's vehicles and so on. By using commercial auto download, we have better data consistency in our agency. With access to better data in our agency management system and coverage information at our fingertips, we are much better equipped to service our fire department accounts—for everything from claims to issue auto identification cards and certificates to vehicle changes.

Next, we’ll pilot this enhanced interface with Glatfelter for commercial property coverages. With some of our fire departments operating out of multiple locations, this is a welcome addition to our agency workflows.
We eagerly await broad adoption of additional download and real time functionality within the MGA, E&S and program business marketplace. Our initial activities are already having a positive impact on how we transact business with our MGAs and how we service our clients. Service is critically important to helping these organizations and their leaders do more with less.

Our agency is being honored with a service award from one of our local fire departments this month. Part of the credit goes to our partner, Glatfelter, and its VFIS operation, for their commitment to bringing automation tools that help agents meet the service expectations of the fire departments they insure. In this way, each of us serves our respective communities.

E&S JWG Face to Face Meeting at the AAMGA Automation and Technology Management Conference

2011-03-15T11:33:00.000-04:00

Sunday, March 20, 2011

8:00 am - 9:00 am Breakfast Buffet

9:00 am - 12:00 pm E&S Joint Working Group Update & Discussion

With over 300 current participants, the Excess & Surplus Lines Joint Working Group (E&S JWG) is a key

E&S industry group. Join us for an update on the latest and the greatest developments and changes on

the horizon:

• Hear more about the new Lloyd’s subgroup addressing electronic data exchange between

Lloyd’s and it MGA coverholders

• Developments in downloading data from MGAs/Brokers/E&S Carriers to Retail Agents

Breakout of JWG Subgroups:

• Supplemental Application Standardization

• JWG Marketing Efforts to Promote Participation and Implementation

• Electronic Data Exchange Between E&S Business Partners

The Excess & Surplus Lines Joint Working Group (E&S JWG) is a collaborative effort between the AAMGA,

Big I's Agents Council on Technology (ACT), NAPSLO, ACORD, and the vendor community to further

workflow automation and the electronic exchange of data implementing recognized standards throughout

the E&S transaction food chain. We encourage you to get involved in this exciting effort and help shape the

future of the wholesale insurance industry automation processes and standards.

The E&S Joint Working Group is adopting Realtime interfaces

2011-03-08T22:21:00.000-05:00

Retail Agents using the standard market have vastly improved the electronic interfaces between their agency offices and standard carriers through the adoption of Real Time integration (http://www.getrealtime.org/). This technology is available to be applied to the Wholesalers/General Agents and E&S marketplace.

Real Time is “the ability to click on a button from a client/account file in an agency management system or comparative rater for immediate access to GA or carrier information on that client/account. The transaction may be a quote, billing inquiry, claim inquiry/loss runs, policy view, endorsements or a request for information. This approach provides a single workflow for servicing and quoting.” RAs have recognized significant time savings, which have resulted in improved client service and more sales for the agents and carriers, and will lead to increased sales for GAs and E&S carriers.

The Excess and Surplus Lines Joint Working Group (E&S JWG) is a partnership of AAMGA, ACORD, ACT, and NAPSLO to fight the "War on Keystrokes", and improve our industry to save time and increase profits.

Join the effort! Over 350 participants are working together to make a difference. We need all distribution partners - Retail Agents, Wholesalers/General Agents, E&S Carriers, Specialty Markets, and Vendors.

http://www.esjwg.org/