CORE INSURANCE, RISK MANAGEMENT
PRnewswire | March 31, 2023
HawkSoft announces that CoverRight is now participating in its Solution Partner program. CoverRight.com is a digital-first concierge platform designed to empower retirees and their families to easily learn about and navigate Medicare health insurance online. The US-based insurtech collaborates with experienced Insurance, Banking, and Healthcare Provider partners nationwide to create new revenue opportunities through a digitally-driven and personalized Medicare navigation and enrollment experience for their clients. HawkSoft is a leading agency management system for independent insurance agencies that serve communities throughout the US.
Given the uncertain economic landscape, many independent agencies are seeking options to capture missed revenue opportunities and protect retention rates in 2023. Adding CoverRight as a Solution Partner will provide Property & Casualty (P&C) focused agencies an option to generate new revenue at no additional cost.
America's workforce continues to age with over 10,000 Americans retiring each day, affecting more personal lines clients than insurance agencies may realize. In fact, 1 in 5 Americans is a silent caregiver and may have to make complex Medicare decisions on behalf of an aging parent. Instinctively, clients turn to trusted channels such as personal insurance, banking, or healthcare providers for advice when transitioning to Medicare but require the additional expert help that CoverRight provides. CoverRight's digital-first concierge-style platform has helped over 14,000 Americans learn about Medicare and offers its partners clients a dedicated licensed Medicare advisor end-to-end – 100% free.
"HawkSoft is built by industry veterans who are exceptionally positioned to understand and help deliver what agencies will require to thrive on an evolving basis," said Karan Narang, Head of Partnerships at CoverRight. "As a Solutions Partner, CoverRight uniquely offers HawkSoft agencies the ability to cultivate a new revenue stream from their existing client portfolios while driving value back to their business. We're excited to grow our alliance with HawkSoft and help enable P&C focused agencies to capture missed opportunities with Medicare."
"Our customers often describe their jobs as 'protecting their community,' which is not limited to just covering their insureds' P&C risks," says Rushang Shah, VP of Marketing at HawkSoft. "They are resources in their communities, offering advice and guidance through some of the hardest situations a person will encounter. CoverRight feels like a natural fit for our efforts to support that pillar position agents find themselves in."
Since 1995, HawkSoft is a leader in management systems for independent insurance agencies that want effective workflows and a delightful experience for staff and policyholders. Created by independent agents, HawkSoft continues to evolve as a cutting-edge system that powers thousands of agencies. HawkSoft offers the following promise to insurance agents: your investment in HawkSoft will pay for itself in the first year. Learn more about HawkSoft's story at www.hawksoft.com/story.
CoverRight.com is the first digital concierge platform designed to empower retirees and their families to easily learn about and navigate Medicare online. The company collaborates with experienced Insurance, Banking, and Healthcare Provider partners nationwide to create a digitally-driven and personalized Medicare enrollment experience for eligible clients. The CoverRight platform pairs technology with human support to simplify a traditionally confusing and complex decision by delivering a concierge-style experience that provides consumers with a delightful and comprehensive Medicare plan selection and enrollment experience. The company's vision is to become the go-to retirement concierge platform to help retirees manage and navigate health and finance in retirement.
AUTOMOBILE INSURANCE, INSURANCE TECHNOLOGY
PRnewswire | March 27, 2023
Cover Whale Insurance Solutions, Inc., a leading commercial trucking insurance provider and fast-growing insurtech, today announces its partnership with TrustedChoice.com, the nation's largest digital marketing platform for independent agents and brokers.
With access to TrustedChoice.com's extensive insurance marketplace and more than 240,000 independent insurance agents, Cover Whale can deliver its coverage to thousands of commercial truck drivers across the country. In parallel, independent agents who don't currently have access to Cover Whale for their clients can now have a seamless, digital path to the company and its products through their TrustedChoice.com membership.
"Our team is always looking for new ways to connect insurance agents with truck drivers," said Dan Abrahamsen, CEO of Cover Whale. "This partnership enables us to deliver instant quotes to more agents with trucking clients, and more coverage to America's safest drivers and small fleets. TrustedChoice.com's vast network also gives us more opportunities to deploy our Driver Safety Program to make roads safer for everyone.
"Cover Whale's high-tech approach to trucking insurance makes them a great addition to our network of insurance company partners who support independent agents on TrustedChoice.com. Including Cover Whale in our national directory and searchable market finder tools will bring awareness of their unique product offerings and help more agents get connected with them", says Vincent Savarese, SVP Company Relations at TrustedChoice.com.
About Cover Whale
Cover Whale, an insurtech founded by experienced insurance and technology veterans, focuses on technology, underwriting, and data to provide innovative insurance programs for the commercial auto industry. Cover Whale's unique Driver Safety Program combines coverage with telematics, dash cams and real-time driver coaching to reduce claims, keep drivers safe and save lives on America's roads. Cover Whale delivers its product through more than 5,000 agents with the industry's fastest, most agent-friendly online quoting experience. Maintaining excellent agent relationships has driven more than $400 million in premium through the Cover Whale platform. With a fundamental belief that safe driving should be rewarded, Cover Whale-insured drivers may receive up to 15% off when renewing their auto liability policy. The company has been named one of America's Best Startup Employers on Forbes' 2023 list. For more information, visit www.coverwhale.com. Stay up to date with Cover Whale on LinkedIn, Facebook, and our blog.
TrustedChoice.com builds leading digital insurtech marketing solutions for the independent insurance agency channel. TrustedChoice.com's solutions suite empowers independent agents and insurers to compete in a digital-first marketplace. Its Advantage digital marketing platform enables agents and insurers to scale their brand visibility in order to gain and retain clients. The TrustedChoice.com consumer website has attracted over 36 million visitors to date and offers online insurance consumers a retail-like buying experience, connecting the right risk to the right agent at the right buying moment. For more information visit: https://www.trustedchoice.com/advantage/.
LIFE INSURANCE, INSURANCE TECHNOLOGY
Accesswire | May 08, 2023
Openly, the premium homeowners insurance provider, and Trellis - the technology company simplifying distribution of personal lines of insurance - announced a new partnership. Operating as an independent agent, Trellis will offer Openly's premium insurance to clients through its Savvy platform - the leading embedded insurance solution for financial institutions, fintechs, and other consumer businesses.
Openly joins an increasing number of home insurance carriers and providers leveraging Savvy to acquire profitable, long-term customer relationships with high efficiency and to pinpoint selectivity through a combination of market-leading technologies and proprietary partnerships. Savvy's partners comprise leading financial institutions, fintechs, and other distribution partners with sought-after audiences in trusted, branded contexts. For partners, Savvy simplifies insurance as a one-stop shop with "crawl, walk, run" integration options, end-to-end digital and offline customer journeys, and flexible compensation structures. For consumers, Savvy simplifies insurance by using machine learning to tailor insurance offers to meet clients' needs and by enabling users to transparently compare their existing policies side-by-side with new quotes using just their insurance login.
The partnership provides Savvy users with access to Openly's premium, straightforward home insurance. Openly provides premium insurance by delivering comprehensive coverage through independent agents.
"Trellis and Openly both offer market-leading technology - and share the mission of making insurance as simple as possible," said Ty Harris, CEO of Openly. "Our team is excited to partner with Trellis to deliver our premium home insurance through the Savvy platform."
"Since launching our digital homeowners insurance experience last year, we've curated an amazing panel of carriers to serve Savvy's national user base," said Daniel Demetri, CEO of Trellis. "We're excited to work with Openly to distribute their innovative, tech-driven products in the contexts and platforms where consumers are thinking about their finances every day."
Openly is a premium homeowners insurance provider. Its centralized platform offers comprehensive coverage, market-leading technology, and exceptional service. Founded by industry veterans in 2017, Openly is dedicated to delivering modern and transparent homeowners insurance and empowering independent agents across America.
Trellis provides best-in-class, secure, digital solutions that help consumers get the most value from their insurance. The company makes it easier and safer for insurers and non-insurers to acquire and delight customers with streamlined, personalized experiences, offers, and services. Investors in Trellis include QED Investors, General Catalyst, NYCA Partners, and Amex Ventures.