CORE INSURANCE, INSURANCE TECHNOLOGY
Branch | February 13, 2023
Branch®, a full-stack insurance business that uses technology, data, and automation to make home and vehicle insurance more accessible and affordable, has introduced condo insurance, increasing its selection of instantly bindable products. Condo insurance will be launched across Branch's accessible states, beginning with Ohio, in the coming months.
Branch transformed the purchasing process by needing just a consumer's name and address to get an instant estimate for combined home and vehicle insurance. The National Association of Realtors reports that more than 10% of existing home sales in the last three years were condos. By offering a condo product, Branch can provide quick bundling to millions of more homeowners.
Branch co-founder and CEO, Steve Lekas, said, "Bundling has always been at the core of what Branch can do, so we're thrilled to offer another product to help consumers quickly and easily bundle their insurance." He added, "By enabling more people to access Branch's bundle, and the deep savings that come with it, we're taking meaningful steps towards our mission of getting more people insured."
(Source – PR Newswire)
Including a condo product adds tremendous value to Branch's rapidly expanding independent agency channel, allowing Branch-appointed agents to meet their customers' insurance requirements better. Moreover, by increasing its product offerings, Branch provides its partners with a seamless, integrated experience. On the Branch website, consumers can rapidly acquire condo insurance with only a few pieces of information and bundle it with vehicle insurance.
About Branch®
Branch®, is a company that provides home and car insurance that is easy to purchase and designed to save money. Through its groundbreaking instant-bind capabilities, Branch eliminates all of the hassle involved with obtaining coverage, making it simple for clients to combine home and vehicle insurance. The Branch Insurance Exchange was designed as a reciprocal exchange to make insurance more accessible and inexpensive for everybody. Branch is a public benefit corporation and a certified B corporation dedicated to achieving the highest levels of social and environmental performance and responsibility.
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CORE INSURANCE, INSURANCE TECHNOLOGY
Sure | March 14, 2023
Sure, a leader in insurance technology recently unveiled its latest product - Retrace. This innovative technology empowers online merchants to offer their customers embedded one-click insurance and protection.
Retrace offers a suite of APIs, enabling online merchants to embed insurance and protection into various use cases such as e-commerce returns, travel insurance, and product warranty protection at any stage of the purchase process.
With the help of Retrace, online retailers are able to grow their customer base by providing an improved customer experience. This results in higher levels of customer satisfaction and generates more brand advocates. Also, they have the ability to diversify their revenue streams while simultaneously increasing their top-line revenue.
Sure is introducing its first e-commerce solution with the launch of Retrace. This innovative technology empowers online merchants to provide return shipping protection to their customers at the point of sale, covering the cost of returning goods. Retrace's embedded Return Shipping Protection is a revolutionary technology that streamlines the online shopping experience for merchants and consumers, reducing friction.
Wayne Slavin, Co-Founder and CEO of Sure, stated, "Retrace is the latest offering of Sure's innovative technology to unlock the potential of digital insurance and protection through frictionless online customer experiences."
He added, "Our technology reaches and engages customers wherever they are on their journey, and with Retrace, we are enabling online merchants to provide customers with embedded insurance and protection tools. We're starting with the first of its kind one-click return shipping protection but the sky's the limit, and we have set our sights on a variety of other products spanning travel insurance to warranty protection and beyond."
(Source – Cision PR Newswire)
About Sure
Sure is a prominent insurtech company that powers some of the world's most recognized brands and carriers. Its enterprise SaaS infrastructure and embedded insurance programs drive the insurance industry forward, allowing it to reach its full potential in the digital age. Sure's customers use its unified system of APIs to streamline the entire insurance lifecycle, leading to enhanced customer experiences and efficient digital operations. Founded in 2015, the company is based in Santa Monica (California) and has offices worldwide.
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CORE INSURANCE, INSURANCE TECHNOLOGY
Inszone | January 30, 2023
Austin Insurance was recently acquired by Inszone Insurance Services, a rapidly expanding nationwide provider of benefits, personal, and commercial lines insurance.
Founded by Cole Austin in 2005, Austin Insurance has been providing excellent insurance services to the Grand Prairie (Texas) area for over a decade. Through the years, Austin Insurance has been able to offer a variety of insurance products to the residents of Grand Prairie and contribute to the city's continued economic expansion and new job opportunities.
Inszone Insurance's Dallas office will now handle the day-to-day business previously run by Austin Insurance. As a result, customers may expect the same high quality of service from Inszone Insurance as they have in the past.
Chris Walters, CEO of Inszone Insurance Services, remarked, "Austin Insurance has built a strong reputation across Grand Prairie as a trusted partner for residents to protect their assets." He further added, "This acquisition is another important step in our growth in the Lone Star State as we continue to identify and invest in agencies that will help provide and offer increased services and options to our customer base."
(Source – Business Wire)
Nevertheless, in the coming days, Inszone Insurance is likely to reveal several acquisitions in addition to opening additional facilities.
About Inszone Insurance Services
Inszone is a full-service insurance brokerage founded in 2002 with headquarters in Sacramento (California). It offers various insurance products, including property, casualty, and employee benefits. Supported by a strong and experienced management team, it has grown both independently and by buying other companies. The organization currently has 37 sites across the states of California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Texas, and Illinois and hopes to continue expanding across the country.
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