In the US, the only way to offer multiple personal lines products from multiple insurers is through agents who must log into each insurer’s agent portal to (i) respond to underwriting questions that are often unsuited for consumer users and (ii) rate and bind coverage. In other words, you’re out of luck if you want your customers to have the option to purchase different types of coverage online, on their own.
We are tackling this very problem by working with insurers and data providers to modify existing and create new insurance products that can be purchased, not just quoted, online by loan applicants and borrowers through the same (white-label) web application.
Offer your customers online insurance during and after the loan closing process, generate ancillary revenues, and extend customer relations for years.
Give your customers access to something they cannot get elsewhere: genuine multiline insurance e-commerce. Phone agents are optional.
Boost UX and uptake due to customized underwriting processes that account for the different needs of purchase and refinance customers.