Colorado Casualty Has Farm Biz on Commercial IQ

Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced the introduction of its Farm line of business (ISO Division Four) on Commercial IQ, its web-based application for quoting and application submission.

Agents in Arizona, Colorado, Nevada, New Mexico, Utah, and Wyoming are now reportedly realizing quicker approvals and binding turn-around time with SmartNav, the pre-qualification tool within Commercial IQ that helps agents determine which Farm exposures are acceptable risks. It also informs agents which related lines of business may be offered with Farm coverages.

“Our agents now have a paperless and easy-to-use process to quote and submit Farm business, just as they do for our other commercial lines,” said Rich Possanza, vice president, Commercial Lines Underwriting, Colorado Casualty. “It’s quick and easy because we’ve created simplified entry screens and help text called ‘Farm Logic’ that guides agents to the proper Farm line of business, classifications, and coverage options.”

To further agent convenience and quicken approval and binding, Commercial IQ also allows for the attachment of documents and photos to submissions and provides automated rating support for commonly requested coverage options and rules.

Commercial IQ can accommodate Farm business as mono-line (combined Farm Property and Farm Liability) and in combination with Business Auto, Commercial Property, Commercial Umbrella, General Liability, and Inland Marine.

Colorado Casualty’s Farm appetite is growing, offering coverage for small liability exposures up to large commercial operations. The company also specializes in writing Hobby Farms for customers who don’t farm for revenue. Coverages for Hobby Farms can include primary residences and personal liability.