The Hanover Insurance Group has launched Workers' Comp Advantage, a new digital tool designed to streamline how independent agents quote and bind workers’ compensation coverage for small business clients.
The feature is now available on The Agency Place (TAP) Sales platform, furthering Hanover’s push toward modernizing the small commercial insurance experience.
According to the company, Workers' Comp Advantage enables agents to generate a bindable quote in under two minutes, with up to 90% of submissions processed without manual intervention for primary business categories.
"This is an important advancement in our digital journey, one that helps enhance the experience for our agents," said Charles Hamann, president and chief underwriting officer, small commercial at The Hanover.
“Workers' Comp Advantage enables our agents to offer leading workers' compensation solutions to their customers, streamlining the quoting process and helping them deliver insurance solutions even faster and more efficiently.”
The new platform features:
Additional value-added services include Nurse Triage 24 for immediate injury response and Hanover EZ Pay for flexible, pay-as-you-go billing arrangements.
"With Workers' Comp Advantage, we're giving our independent agent partners the speed and flexibility they need to quote and bind more efficiently, helping them better serve their clients," said Erin Fenlon, chief operations officer, small commercial.
Workers’ Comp Advantage is initially available in eight states, including Illinois and Virginia, with more to follow through 2025.
With small businesses making up 99.9% of all U.S. firms, according to the U.S. Small Business Administration, insurers are increasingly prioritizing streamlined access to essential coverages like workers’ comp as part of their digital transformation strategies.
What do you think of Hanover Insurance Group’s new digital tool? Share in the comments below.
