By: Luke Jones, Published on March 7, 2018 04:49 PM, Last Update on April 2, 2018 01:51 PM
Aviva Canada has consolidated its business commercial solutions into one product that helps organizations pool their coverage into one policy.
The company says the merged product will make it easier for customers and will also aid brokers in offering extensions and limits. Under the previous system, insurance solutions were offered separately for different business segments and could not be combined.
Customers would previously need a Composite Mercantile Policy if they had operations across more than one business segment. The new product, called Aviva Enterprise, allows brokers to customize their coverage. Available segments include:
Aviva Canada says the policy language is “transparent and provides clarity of the coverage included. This simplified policy language will allow brokers to explain coverages and limits to their customers with ease.”