Cover Whale rolls out commercial truck insurance platform

Cover Whale | December 11, 2019

Insurtech managing general agent Cover Whale has launched its own commercial truck insurance platform. The online platform, BigRigInsure.com, is designed to be “agent-friendly” and an easy solution for truck insurance quotes. A release mentioned that the coverage available on the platform carries capacity from A-rated carriers in both the US and London. Cover Whale’s platform streamlines the application and quoting process, and can be accessed 24/7. The platform also hosts policy documents and can handle claims reporting. It does all of this by utilizing technologies such as big data, automation, and actuarial risk scoring.

Spotlight

It’s no secret that the global pandemic has upended everyone’s life. We know this anecdotally from our own experiences—more online shopping with curbside pickup orders, ordering takeout and delivery versus in-person dining, and changing media consumption. And let’s not forget remote working and learning. These experiences are more than simply anecdotal; McKinsey has written about the more specific effects of the pandemic on consumer behavior and needs. In short, they write: “behavior changes will reshape consumer decision journeys and companies will need to adapt fast.”

Spotlight

It’s no secret that the global pandemic has upended everyone’s life. We know this anecdotally from our own experiences—more online shopping with curbside pickup orders, ordering takeout and delivery versus in-person dining, and changing media consumption. And let’s not forget remote working and learning. These experiences are more than simply anecdotal; McKinsey has written about the more specific effects of the pandemic on consumer behavior and needs. In short, they write: “behavior changes will reshape consumer decision journeys and companies will need to adapt fast.”

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