USAA has added new features to its digital wallet app. QBE has partnered with SUA Agency to offer professional liability coverage to mortgage specialists. XL Catlin has enhanced its D&O offering in France. The Hanover Insurance Group has expanded its equipment breakdown protection to include technology-based equipment.
USAA has added new features to its digital wallet, bringing the app one step closer to replacing a customer’s physical wallet.
- Virtual access to Auto and Medicare Supplement ID cards—Members can see their full card number and information in their digital wallet and use it at point of sale.
- Mobile payments—Samsung Pay is now available for all USAA Visa and American Express debit and credit cards, in addition to Apple Pay and Android Pay.
- Security features—If members lose their physical wallet or card, they can easily block their cards, report them lost, order a replacement, check on unauthorized transactions and get a status update on when their new card will arrive.
- Common card services—Activate one or multiple cards, create or update a PIN, and view declined transactions.
QBE North America has partnered with Stateside Underwriting Agency (SUA) to offer clients who are title agents, abstractors and escrow agents professional liability insurance for primary and excess coverage.
Mortgage company professional liability and mortgage bankers bond insurance will be offered as excess coverage. The coverage will be provided through QBE North America’s insurance companies on both an admitted and nonadmitted basis.
XL Catlin has enhanced its directors and officers insurance offering in France with the launch of three coverages catering respectively to midsize companies, publicly listed companies and financial institutions.
These solutions protect business leaders and their personal wealth when they are being held liable in the performance of their company duties, both at home in France and in other countries they may operate in.
The Hanover Insurance Group has expanded its equipment breakdown protection to include technology-based equipment.
The new coverage includes microelectronics—whether or not physical damage is visible; cloud computing service interruption; and service interruption data restoration. Off-premises equipment breakdown has been extended to include business income, extra expense and data restoration, in addition to physical damage. There is also coverage for public relations assistance to help manage a reputation that may be damaged by an interruption.
These enhancements are already available for The Hanover’s agent partners on business owner’s policies and will be included on commercial package property and monoline property policies with effective dates on or after Dec. 15.
Source: USAA, QBE North America, XL Catlin, The Hanover Insurance Group