USA business tends not to use the internet to purchase their insurances but prefers to go through the more traditional route of speaking with a broker. However, there is a change of thinking starting to happen, be it on a B to B basis mainly pioneered by Willis, a broker who has set up an automated quote and buy system that has according to recent publications got 2000 brokers using the multiquote system to offer their commercial clients a range of leading insurers products across a wide selection of policies such as Professional Indemnity, Public Liability and workers comp.
Maybe with Hiscox also attacking the USA market with their online quote and buy facility this time direct, the USA market is begining to consider this option of buying commercial insurance online an ok thing to do.
The USA insurance markets pretty much own most of the larger insurance companies operating around the world and already now have to consider their costs for supplying quotes and explaining to brokers about their new deifnitions for each of the insurance products they wish to offer brokers and their clients.
