CORE INSURANCE, RISK MANAGEMENT
Businesswire | May 30, 2023
Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced today that it has acquired Citizens General Insurance Brokers, Inc, located in Auburn, CA.
Citizens General Insurance Brokers, Inc., founded in 2011 by Philip McClendon, has created a niche for itself in the industry by providing value-based insurance solutions specifically tailored to small businesses and construction industries. Their focus on quality and swift customer care has propelled them to the forefront of the industry in a short span of time.
With the acquisition of Citizens General Insurance Brokers, Inc, Inszone has further solidified its position as a leader in the commercial insurance industry. Inszone’s capabilities and resources will enable them to provide an even better service experience to customers of Citizens General Insurance Brokers, Inc and help them manage their risks more effectively.
“At Inszone, we share Citizens General’s passion for serving customers and providing them with the best possible solutions,” said Chris Walters, CEO of Inszone Insurance Services. “We are thrilled to integrate them into the Inszone family and look forward to collaboratively reaching out to a wider demographic across various industries.”
Philip McClendon, the previous owner of Citizens General Insurance Brokers, Inc, said, “The process of the merger with Inszone has been an absolute pleasure. From the highest levels of leadership to the entire team, everyone at Inszone has been professional, supportive, and aligned with our values. Despite their rapid growth and size, Inszone maintains a warm and personable culture that resonates with our own, and it does not feel like a typical corporate environment.”
Inszone Insurance is confident that their shared vision of providing value-based insurance and quality customer care will enable them to achieve even greater success in the future.
About Inszone Insurance Services
Founded in 2002 and headquartered in Sacramento, California, Inszone is a full-service insurance brokerage firm that provides a broad array of property & casualty insurance, along with employee benefits solutions. With a strong, experienced management team, Inszone continues to grow organically, as well as through acquisitions. With 42 locations across California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Oregon, Texas, and Illinois, the company is looking to further expand throughout the United States.
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CORE INSURANCE, RISK MANAGEMENT
Businesswire | April 20, 2023
Inszone Insurance Services: a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Corbett & Associates Insurance Agency.
Corbett & Associates Insurance Agency, based in eastern Ventura County, California, was founded in 1985 by Rick Corbett and his father, Robert Corbett. Over the past three decades, the agency has expanded to serve nearly 4,000 families and businesses across California and Arizona, providing tailored insurance solutions for clients in Ventura and Los Angeles counties.
In 2015, Weston Corbett joined the agency, preserving its legacy and dedication to providing premium insurance products and exceptional service. Corbett & Associates specializes in personal, high net worth, investment and commercial property, and business insurance.
The agency's success is attributed to its dedicated team, including Operations Manager Kathy Camitses, Agent Kelly Pink, and Senior Account Executive Cindy Warner, as well as a number of other experienced team members at Corbett & Associates. Their team’s success is clear through the agency’s impressive 92% client retention rate.
"We are delighted to welcome Corbett & Associates Insurance Agency to the Inszone Insurance family," said Chris Walters, CEO of Inszone Insurance. "Rick and his team have built an outstanding agency, and we are eager to carry on the legacy of exceptional service and personalized insurance solutions for which Corbett & Associates Insurance Agency is renowned."
As a result of the merger, clients of Corbett & Associates Insurance Agency can anticipate receiving the same exceptional service and care they have come to expect, now under the Inszone Insurance brand. The team from Corbett & Associates Insurance Agency will remain intact, and clients will experience no noticeable changes apart from the additional resources this merger provides, such as access to a wider range of insurance carriers and the support and resources of a top national brokerage.
About Inszone Insurance Services
Founded in 2002 and headquartered in Sacramento, California, Inszone is a full-service insurance brokerage firm that provides a broad array of property & casualty insurance, along with employee benefits solutions. With a strong, experienced management team, Inszone continues to grow organically, as well as through acquisitions. With 42 locations across California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Oregon, Texas, and Illinois, the company is looking to further expand throughout the United States.
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LIFE INSURANCE, INSURANCE TECHNOLOGY
PRnewswire | May 26, 2023
Sproutt, the life insurance company that modernizes life insurance for agencies, agents, and their customers, has announced the development of a groundbreaking AI engine, currently available only to limited groups, to boost its SmartLife platform. The platform's capabilities will be supercharged by generative AI technology, empowering agents and agencies with more predictive product fulfillment and "first in the industry" client engagement capabilities based on Large Language Models (LLM) technology. The introduction of AI will revolutionize the way agents interact with clients and marks a significant milestone for Sproutt, further demonstrating its commitment to providing cutting-edge technology solutions within the life insurance ecosystem.
Sproutt's SmartLife platform is leveraging the power of generative AI to create unique and personalized client communications based on multiple data sources and previous interactions with clients. By evaluating this data, the platform will generate relevant and timely content that agents can utilize to enhance customer engagement and sales. Events such as a client's policy anniversary, renewal date, birthday, and even local sports team news can be factored in to trigger precise communications. SmartLife's user-friendly interface enables agents to easily navigate and access the information they need to be successful.
The platform will also be boosted by AI driven product recommendations, employing multiple data sources to deliver tailored product solutions for each client. Predictive modeling capabilities will enable agents to anticipate future client needs, further elevating their potential. Leveraging AI for product fulfillment will overhaul the insurance sales process, increase STP rates, and effectively transform agents into experts.
"The goal is to arm agents with the best tools and technologies to help them build strong client relationships and supercharge their sales efforts," said Craig Shigeno, CEO of Shigeno Consulting. "By employing generative AI, agents will have instant access to personalized content that resonates with their clients, generating more effective outreach and saving valuable time."
"As we continue to expand our offerings, we see the SmartLife platform as a game-changer for the life insurance industry," said Yoav Shaham, CEO of Sproutt. "With the integration of AI, agents will have the ability to sell more effectively and communicate more efficiently with their clients, ultimately leading to greater customer satisfaction and increased sales."
About Sproutt
Sproutt is a life insurance company that modernizes life insurance distribution for agencies, agents, and their customers. Leveraging data and AI, the Sproutt SmartLife platform is set to reshape Life insurance distribution. The platform empowers insurance producers to efficiently assess risk, tailor policies, and enhance customer experience in the most effective and scalable way. Sproutt sells its policies through agents and brokers via its SmartLife for Agents and Agencies. Backed by State of Mind Ventures, Moneta VC, FinTLV, Guardian Life, MS&AD Ventures, MoreTech Ventures, Harel Group, Menora Mivtachim, Raptor Group, and Falcon Edge Capital, Sproutt's business operations are based in New York with an R&D center in Tel Aviv.
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