NAS Insurance Unveils New Cyber Liability Product For Online Quoting and Issuing

March 4, 2014 – Encino, CA:  NAS Insurance Services, an independent underwriting manager of specialty insurance, today released its online cyber liability product as part of the expansion of its NAS Online service.

Mike Palotay
Michael Palotay, Senior Vice President of
Underwriting

“As data breaches continue to threaten businesses in all sectors, we are seeing an increase in demand for robust cyber liability coverage,” remarks Michael Palotay, Senior Vice President of Underwriting at NAS. “By making our popular NetGuardTM Plus cyber product available online, brokers now have an easy-to-use tool to help them rapidly respond to the demand.”

Online cyber from NAS is available to a broad range of small to medium-sized businesses and can be customized for various limits up to $5 Million.  While the online form is simple, the coverage includes all of the core features of NetGuardTM Plus, including breach response costs outside the limit and coverage for regulatory fines and penalties.

In addition to the new cyber liability product, NAS Online has also recently released a broad Miscellaneous E&O product for over 120 classes of business, including Property Managers, Consultants, Third-party Administrators and many more.

Registration for online access is available via http://www.nasinsurance.com/NASonline.

“NAS Online is a key component to our distribution strategy,” commented Richard Robin, CEO of NAS. “We are in the business of providing innovative insurance products and distributing them in the most efficient ways possible. We want it to be simple for our partners to do business with us, both offline and online.” 

NAS is a full-service specialty insurance underwriting manager that provides product development, underwriting, marketing, risk management and claims handling. NAS insurance products and programs are distributed through brokers and as tailored solutions for mutual insurance carriers.

For more information about NAS Online and all of our specialty insurance solutions, contact:

Jeremy Barnett, Senior Vice President of Marketing, 818.382.6116

Integrated Spreadsheet Rating is the latest component in the continuing evolution of the ConceptOne product suite.  The integrated rating supports complex workbooks with multiple worksheets and allows complete two way data exchange.  An organization has full control and the capability to add, change, map and store multiple spreadsheets as rate sets by carrier, effective dates and more.  In addition, the rated spreadsheet can be filed along with the quote sheet in ConceptOne’s document management module for ease of retrieval.  Further, the spreadsheet rating integration can be consumed as a web service to provide online web portal quoting.  Kevin Grimes, President of Epic-Premier, stated, “Many of our new and existing clients are taking advantage of the Integrated Spreadsheet Rating, in some cases, combining it with our other rating methods to handle their unique program requirements.  Based on the current market trends, the decision to add Integrated Spreadsheet Rating was clear and fits well with our objective of providing dynamic, flexible and comprehensive insurance functionality and tools to our clients.”  ConceptOne offers built-in slot rating, custom rating, proven integration to third party ISO®-based rating solutions, and now Integrated Spreadsheet Rating.

ConceptOne provides a single-entry, fully integrated Policy, Accounting, Claims, and Document management solution specially designed for the MGA/MGU, Program Administrator, Wholesale Broker, and Specialty Carrier marketplace.  ConceptOne is flexible enough to manage both up and down stream insurance business in the admitted and non-admitted E&S markets.

ABOUT EPIC-PREMIER

Since 1996, Epic-Premier has delivered Intelligent Automation Products and Services to the insurance marketplace.  We believe software is only part of the equation to implementing a successful insurance automation strategy.  Our approach combines software, professional services, insurance industry knowledge, and proven project methodology.  We enable our clients to work more efficiently, produce a higher return on investment, and provide better customer service. 

More than software.  Solutions.


Sustaining Partners