The product includes blanket coverage for items in the home, on-demand insurance for individual items taken out of the home, plus liability and emergency accommodation cover.
As MGAs continue to provide specialized underwriting solutions for customers’ risk exposures, they will become an increasingly attractive partner for those seeking profitable growth in a difficult market.
Originating in part from Nationwide’s Test and Learn Lab, the agent-facing platform exemplifies speed in both quoting and application delivery.
Announcements of new startups have not slowed, and the industry is seeing more second-round investments and larger funding amounts.
Launching with an up-market homeowners in Illinois and Arizona, Openly will expand into other lines, such as auto, emphasizing simplifying and modernizing the process for consumers.
The partnership enables agent and broker users of the Bold Penguin platform to rapidly triage, quote, and bind commercial insurance coverages through an API integration.
The deal will give Aon additional access to the premium digital insurance market for small and medium-sized businesses, as well as the opportunity to leverage CoverWallet’s platform.
IntellectSEEC’s AI-powered Fraternal Suite gives KSKJ Life’s agents powerful tools to increase productivity and help home-office staff communicate seamlessly with members.
Sapiens will offer its relevant solutions, including Sapiens’ core P&C and life, pension and annuities offerings, with Lightico’s platform.
The South Africa-based specialist risk manager will use Sapiens’ technology to transform its business and improve flexibility, speed of process and the customer experience.