U.S-based Insurtech startup CoverWallet, an online platform founded in 2015 that simplifies the purchase and management of insurance for businesses, has announced the launch of a dedicated platform for insurance agents.
Through CoverWallet for Agents, the company says agents will benefit from a fast, simple, and efficient way to provide commercial insurance to businesses, with a single point of entry to access top carriers for multiple types of policies.
“Since launching our sleek and intuitive technology platform for small businesses, we have had countless requests from agents to work with CoverWallet,” said Inaki Berenguer, Chief Executive Officer and Co-Founder of CoverWallet.
“Today there are 40,000 insurance agencies in the U.S., and we are making it easy for agents to harness the power of data, design, and technology to serve more clients better and faster than ever before.”
This new platform claims to provide agents with instant quotes, online bindable policies, and real-time proof of coverage.
Through an online application that uses data and analytics, agents can instantly receive quotes from carriers for lines of business including General Liability, Business Owners Policy, Workers Compensation, and Professional Liability.
“We were able to launch CoverWallet for Agents re-using the advanced technology that we built from the ground up for our small business platform,” said Aman Khaira, Vice President of Product at CoverWallet.
“Agents are an integral part of small business insurance, and we are making it easy for them to leverage technology without needing to build their own complex integrations or to have direct relationships or appointments with carriers.”
