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CORE INSURANCE, INSURANCE TECHNOLOGY

Bamboo Insurance Policy to Now Cover Arizona Homeowners!

Bamboo Insurance | February 07, 2023 | Read time : 05:00 min

Bamboo Insurance Offers Homeowners Coverage in Arizona

Recently, Bamboo Insurance, a diversified insurer committed to providing a customer-driven experience, announced homeowner's insurance availability in Arizona.

The insurance coverage will now provide Arizonans with improved underwriting structures, user-friendly technology, and unparalleled service, in addition to rational and inexpensive home coverage options.

Soon, Arizona homeowners and agents will be able to use the new way Bamboo does insurance, which emphasizes ease of use, open communication, and support for policyholders. In contrast to other businesses, Bamboo does not reduce customer support spending in order to increase profits; this is due to the company's focus on satisfying its clientele. Customers in Arizona can now take advantage of Bamboo's excellent services, such as its knowledgeable team of insurance advocates and reliable 24/7 claims assistance.

John Chu, Bamboo Founder and CEO, stated, "The launch of our Arizona product represents an exciting milestone in our expansion outside of California."

"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," John Chu added.

(Source – Cision PR Newswire)

For 2018 and beyond, the company has carved out a special place for itself in the market by meeting the needs of disrupted industries by providing homeowners insurance at reasonable rates. It's getting harder to acquire reliable insurance in states like Arizona that are vulnerable to harsh weather. It is proud to provide Arizonans with a novel, low-cost insurance choice by utilizing cutting-edge data science and in-house underwriting tools.

Jonathan Vitale, Bamboo Co-Founder and Vice President of Sales stated, "When we started Bamboo, the vision was to push the insurance industry forward by providing quality products and coverage to our insureds."

"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," he concluded.

(Source – Cision PR Newswire)

About Bamboo Insurance

An insurance company focused on expansion, Bamboo Insurance's objective is to simplify and modernize the client's insurance experience while maintaining a relentless commitment to customer advocacy. The company is streamlining the insurance process with the help of data and technology to improve transparency for its business partners and policyholders.

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Digitizing Underwriting with Mendix and Capgemini

The underwriting process is critical for insurers. But manual processes, spreadsheets, and data from disparate silos slow down the process and make audit trails a nightmare. All that means a lot of stress on systems and employees, plus a less-than-ideal customer experience.

Fortunately, it doesn’t have to be that way.

With the P&C Underwriter Workbench from Mendix and Capgemini, you can optimize and digitize underwriting, leading to efficiency, effectiveness, and increased productivity.

Connect with your core systems and data sources to make data-driven decisions. Customize every aspect to make an offering that’s uniquely yours.

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Spotlight

Digitizing Underwriting with Mendix and Capgemini

The underwriting process is critical for insurers. But manual processes, spreadsheets, and data from disparate silos slow down the process and make audit trails a nightmare. All that means a lot of stress on systems and employees, plus a less-than-ideal customer experience.

Fortunately, it doesn’t have to be that way.

With the P&C Underwriter Workbench from Mendix and Capgemini, you can optimize and digitize underwriting, leading to efficiency, effectiveness, and increased productivity.

Connect with your core systems and data sources to make data-driven decisions. Customize every aspect to make an offering that’s uniquely yours.

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