BondExchange is the newest company to join the Big “I" Agents Council for Technology (ACT). BondExchange is a surety bond platform and service for independent insurance agents.
“The independent agency channel continues to innovate to improve efficiency in serving commercial clients, especially in value-added services such as surety bonds," says Chris Cline, ACT executive director. “As ACT continues to lead the way in helping the industry find technology-driven solutions for quoting, issuing and renewing products, we're grateful to have BondExchange on board as a new ACT partner."
BondExchange is a surety bond platform and service where independent agents can easily quote and issue bonds online in every industry. Licensed in all 50 states, BondExchange provides agents with the tools needed to instantly quote and issue surety bonds, generate new business, embed online quoting tools directly on their websites, and endorse bonds online. Additionally, BondExchange recently launched a pay-as-you-go subscription option allowing agents' customers to purchase bonds on a monthly basis and cancel them anytime.
"We've made it our mission to empower agents with the tools needed to make surety profitable for their agencies. In addition to our technology, our talented team of underwriters provide expert level customer service and are dedicated to making the quoting and issuing process as easy as possible, allowing our agents to focus on their core business objectives without being distracted by outdated processes," says Jackson Cromer, president of BondExchange. “We're excited to bring our unique perspective and expertise as a new ACT partner to help the industry continue to embrace technology."
Learn more about BondExchange.
The Agents Council for Technology (ACT) was established in January 1999 by the Independent Insurance Agents & Brokers of America (the Big “I") to provide a candid, action-oriented forum to address the critical workflow and technology issues facing the independent agency system. ACT helps participants understand the perspectives of the other stakeholders in the process and provides excellent networking opportunities with the participants who are shaping the future for the industry on these issues.