(Image source: GloveBox homepage.)
Cinch Home Services (Boca Raton, Fla.) has partnered with GloveBox, a Denver-based InsurTech that allows policyholders to manage all of their insurance in a single, centralized digital platform, to provide its home protection plans on the GloveBox platform.
“Seamless digital experiences are now an expected part of life, and our new partnership with GloveBox is the latest example of our efforts to provide maximum convenience and value to our clients and their customers,” comments Steve Upshaw, CEO of Cinch. “Partnering with GloveBox represents another step for Cinch as we expand the delivery of our industry-leading solutions to the property/casualty insurance market.”
Founded in 2019, GloveBox aims to drastically simplify the customer experience while also significantly reducing service costs for independent insurance agents and carriers. By removing sources of frustrations typically experienced when buying from an independent agent, GloveBox’s solutions are designed to enable policyholders to manage all their insurance policies by way of direct-to-carrier and direct-to-agent capabilities. Through the new partnership, Cinch home protection plans will be the first non-insurance product offered via GloveBox’s all-in-one platform.
Digital Offering of Product Suite
“As prior agents, we got fed up with the confusion and frustration that independent insurance clients were experiencing when it came to servicing their policies,” comments Ryan Mathisen, CEO and Co-Founder, GloveBox. “This technology is our answer back to the independent channel and the agency response across the country has been overwhelming. Things like home appliance breakdown was, and always has been, a large coverage gap that exists for most policyholders. This partnership with Cinch will allow consumers to fill this gap with a completely digital offering of their product suite, with a completely digital point of purchase directly in GloveBox.”