(Image credit: Eleonora Albasi/Unsplash.)
Bamboo Insurance (Midvale, Utah), an InsurTech distribution company focused on transparency, customer advocacy and a frictionless experience, announced the launch of its homeowners coverage in Arizona. The company says that in addition to introducing sensible and affordable homeowners coverage options to residents of Arizona, it is also providing enhanced underwriting structures, convenient technology, and exceptional support.
Bamboo characterizes the extension of its offering to Arizona as providing homeowners and agents in that state the experience of Bamboo’s reimagined approach to insurance, that includes a commitment to simplicity, transparency, and customer advocacy. Because of its customer-driven methods, unlike other companies, Bamboo doesn’t cut out support resources to save money, according to the company statement. Bamboo says customers in Arizona will gain access to the organization’s superior support, like its experienced team of insurance advocates and trusted 24/7 claims service.
“The launch of our Arizona product represents an exciting milestone in our expansion outside of California,” comments John Chu, Founder and CEO, Bamboo. “By leveraging our proprietary underwriting models and easy to use technology platform, we’re able to offer customizable coverage, for the right price, to the Arizona market.”
Reliable and Affordable
Bamboo launched in 2018 with the stated mission of establishing a niche for providing reliable, affordable homeowners coverage in disrupted markets. In states like Arizona that are susceptible to extreme weather conditions, finding dependable insurance is becoming increasingly difficult, the company says. By leveraging advanced analytics and proprietary underwriting models, Bamboo says it is able to offer a refreshing new coverage option for Arizona residents that’s both reliable and affordable.
“When we started Bamboo, the vision was to push the insurance industry forward by providing quality products and coverage to our insureds,” comments Jonathan Vitale, Co-Founder and VP, Sales, Bamboo. “We paired that with a big emphasis on leveraging technology to deliver to our agents an industry-leading quoting platform that is focused on speed, ease of use, and simplicity. We’re thrilled to be able to bring that experience to Arizona.”