(Image source: Goosehead Insurance.)
Goosehead Insurance, a Westlake, Texas-based independent insurance agency, and Vivint Smart Home, a smart home company based in Provo, Utah, have announced a strategic partnership to innovate and enhance home insurance solutions. The companies say their collaboration will simplify the process of protecting and securing homes for consumers and help them to reduce claims and losses.
Justin Ricketts, Executive VP, Technology and Partnerships, Goosehead Insurance.
Through the partnership, Goosehead Insurance and Vivint say they will collaborate to develop innovative new services and offerings that leverage the latest advancements in smart home technology and insurance services. The companies assert that this will allow for more personalized options to help clients find the solutions to meet their unique needs and save on home insurance. As part of the partnership, Goosehead has entered into a letter of intent to acquire Vivint Insurance Agency’s current book of business and provide service and support for Vivint’s insurance clients as Vivint shifts its insurance strategy to a partnership model.
“We continue to see increased momentum around the independent insurance distribution model as consumers look for the power of choice and more efficient experiences, and our partnership with Vivint enables us to provide a more comprehensive and integrated home ownership experience,” said Justin Ricketts, Executive VP, Technology and Partnerships, Goosehead Insurance. “By combining our industry-leading insurance model with Vivint’s cutting-edge smart home technology, we’re able to offer a truly innovative solution that sets a new standard for the industry and meets the evolving needs of today’s consumer.”
Digital Agent Platform
Vivint customers looking for home insurance solutions will now have access to a best-in-class way to shop for and buy personal lines of insurance with the guidance of Goosehead’s expert agents and its Digital Agent Platform, a quoting platform powered by integrated technology that provides consumers with a straightforward and efficient way to find the right home insurance coverage at the best price, according to the joint statement from Goosehead and Vivint. Goosehead clients with Vivint systems will also be able to take advantage of additional homeowners insurance discounts and have access to exclusive offers from Vivint to help them further protect and secure their homes.
Rasesh Patel, President, Vivint Smart Home.
“We’re excited to partner with Goosehead Insurance as we transition our insurance strategy to a partnership model,” comments Rasesh Patel, President, Vivint. “When we entered the insurance space, we knew it would be a natural complement to our smart home offering and that long term, our technology could be used to reduce customer claims and losses while simultaneously improving customer experience. By integrating our smart home technology with Goosehead’s insurance services, we’re able to expand on that vision and together provide an all-in-one solution that gives homeowners greater control over their homes and insurance policies.”
The partnership between Vivint Smart Home and Goosehead Insurance is scheduled to launch in May and will be available to homeowners across the United States, the companies say.
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