(Image source: Cover Whale homepage.)
Cover Whale Insurance Solutions, Inc., a New York-based InsurTech MGA focused on commercial auto, has announced a strategic agreement with global professional services firm Aon’s (London) CoverWallet, a New York-based digital insurance platform for small business owners.
The collaboration combines Cover Whale’s trucking insurance capacity with CoverWallet’s distribution strengths, according to a Cover Whale statement. As part of the relationship, Cover Whale says it will offer its advanced telematics and proprietary quoting and binding technology to CoverWallet’s independent owner-operator and small fleet trucking customers, a traditionally underserved segment of the insurance market.
“As we continue to grow, we are continuously looking for ways to connect with more drivers and fleets across the country,” comments Dan Abrahamsen, CEO, Cover Whale. “Our top priority has always been keeping the roads safe. This agreement allows us to simplify the insurance process for truckers looking for fast, customizable coverage that helps them drive more, earn more, save more, and focus on the road.”
Tailored Insurance Policies
Cover Whale says the CoverWallet platform will extend its visibility to thousands of commercial truck drivers across the country. As a result, the MGA says, small business owners and trucking fleet operators will be able to access tailored insurance policies designed specifically for the trucking industry, a diverse clientele with a wide range of insurance needs, from within what it characterizes as a single intuitive and streamlined platform.
“We are thrilled to work with Cover Whale to support independent owner-operator and small fleet trucking customers with their insurance needs,” comments Jeff Borgman, Director of Transportation Programs, CoverWallet, an Aon company. “This collaboration enhances our offerings for commercial trucking customers, and we look forward to introducing them to innovative solutions as an additional avenue to safety, helping them make better-informed decisions about their insurance coverage.”