Aspen Launches Railroad Protective Insurance Portal for Brokers

Aspen News, Product News

The Aspen Railroad team has launched a portal for Railroad Protective Insurance in the U.S. The Aspen Express portal, which won the competition for Innovation Investment, is set to facilitate the process of obtaining smaller policies for brokers.

A collective effort across multiple teams in Aspen, the portal enables brokers to obtain quotes, binders and policies for railroad protective insurance faster, more easily and more efficiently than before.

Benefits of using the platform include:

  • Quick end-end solution – able to issue a quote, bind the account and issue the policy, all on the platform within 10 to 15 minutes.
  • Easy to use – the platform has been built with the user in mind.
  • Clear set of parameters – the guidelines outlined are wide ranging and clear, however, if your policy falls outside of the parameters, we can still help you.
  • Enhanced Commission

The Railroad Portal is a great example of how innovation at Aspen is being prioritized and how we are committed to our digitalization strategy. David Adamczyk, Executive Vice President, U.S. Railroad said: “We are pleased to see the launch of our Railroad Protective Insurance Portal for brokers. Truly, a collaborative and successful project for us, and we are excited to offer a solution to our broking partners that enables them to perform more effectively.”

Jonny Atkinson, Chair of the Innovation Working Group said: “It has been great to see this product come to fruition, from an initial idea presented during the Aspen innovation competition to a real, enhanced solution for our brokers and clients. Congratulations to those involved, and I look forward to seeing the results and feedback.”

To register to use the platform and to find out more about the parameters click here.