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References in periodicals archive ?
TOM TROY has been named head of Safeco Business Insurance, and SPENCER DONKIN was named bead of personal and commercial insurance field underwriting.
Safeco Plz., Seattle, WA 98185 * Phone: 206-545-5000 * Dale Lauer, Pres., Safeco Business Insurance
"Over the last couple of years, we've refocused on what we're good at and have walked away from markets where we don't excel," says Dale Lauer, Safeco business insurance president and COO.
Mike Hughes, senior vice president of Safeco Business Insurance, recently spoke to Best's Review about the company's goal to become the top writer of small and midmarket business and how the company is using automated underwriting for its business owner policy business.
Every quarter, Mike McGavick, Safeco's chief executive officer; Dale Lauer, president and chief operating officer of Safeco Business Insurance; and LaRocco conduct an agency conference call to fill in agents on the latest company developments.
Safeco Business Insurance has expanded its online sales platform for agents to help them sell workers' compensation insurance to small businesses.
Dale Lauer, president and chief operating officer of Safeco Business Insurance, said that the small business, home and auto products are where the independent distributors make most of their revenue today.
1 spot, said Dale Lauer, president and chief operating officer of Safeco Business Insurance. Safeco has annual revenues in excess of $1.5 billion in its commercial line.
The use of automated platforms on Safeco's personal auto side also got Safeco Business Insurance thinking its trait could take a similar tack, employing much more rigorous underwriting capabilities aligned along the same kind of platforms or models, complete with a multivariate analysis, financial scoring and data mining, Lauer said.
"Buying brings complications, such as regulatory and logistics issues," said Kevin Link, director of property underwriting, Safeco business insurance.