The funding round, led by CMFG Ventures, will be used for technology investment and marketing toward the firm’s mission of closing the life insurance gap for women.
The former VP at McGriff Insurance Services joins the Insurance Office of America’s Western Region Team and will be based in Pleasanton, Calif.
OCC’s digital transformation included a new homepage, a new brand/logo, a new corporate design, a new tone of voice, an online calculator for insurance rates, the possibility to take out insurance online and also to manage contracts online.
The partnership joins Input 1’s billing and with the MGA Agility Suite policy administration platform for program administrators and MGAs.
The more that people and businesses get used to operating remotely via digital tools, the more it will be expected—even after the COVID-19 is contained.
The advent of mega-brokerages creates possibilities to reshape client-broker-carrier interactions and preserve—and even extend—the influence of the independent channel.
Carriers around the world are reassuring their customers and implementing policies to protect their associates while providing a high level of service and advancing projects in flight.
The vendor is offering the TrueContinuity solution to customers to help alleviate client anxiety due to the COVID-19 Outbreak.
CD MGA Hub captures minimal information and retrieves quote indications from various carriers with no re-keying of data, complicated integrations, or lengthy implementations.
The industry is still waiting for a major advertising push to drive the widespread adoption of direct online small commercial sales, but Novarica estimates that the $3B direct small commercial market could grow to $12B by 2025.