Tag: standalone

The Hanover Launches Online Quoting and Issuing Capability for Stand-Alone Specialty Coverages for Small Businesses

WORCESTER, Mass., Sept. 22, 2020 /PRNewswire/ — The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its TAP Sales online quote and issuance capability to now include management liability and miscellaneous professional liability products. With this addition, the company’s agent partners can now easily quote, rate, bind and issue stand-alone specialty policies for small business clients.

This expansion is part of a series of investments The Hanover has made in operational solutions to support the independent agency channel and it builds on the success of the company’s other online quote-and-issue capabilities, including TAP Sales for builder’s risk and contractor’s equipment.

“Small businesses often require specialized coverages beyond the protection afforded by traditional small commercial policies,” said Bryan J. Salvatore, president, specialty, at The Hanover. “There is high demand for robust, stand-alone errors and omissions, cyber, crime, and employment practices coverage for small businesses, and

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Small business leaders urge Congress to pass standalone COVID-19 relief package

The Small Business Roundtable has penned a letter to congressional leadership on behalf of 30 million small businesses urging the federal government to pass a standalone package for a new round of stimulus to help them weather the coronavirus pandemic.

The letter notes that small businesses are “on the brink of recovery and continuing to struggle to survive” due to liquidity challenges for those who have yet to reopen or who are limited by capacity restrictions and other critical health and safety protocols to protect the public, consumers, and employees from COVID-19.

“While we acknowledge the unprecedented support and resources that were directed to small businesses earlier this spring, more must be done and we write today to urge that same swift, bipartisan

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