Cover Whale Insurance Solutions, a commercial trucking InsurTech has partnered with full-service MGA and wholesale insurance brokerage Appalachian Underwriters.
Cover Whale is on a mission is to help make roads safer and save lives using advanced telematics and proprietary technology.
The InsurTech said that advanced telemetry via the use of dual-facing dashboard cameras ensures truck drivers get the best insurance coverage by keeping rates low, handling claims with ease, and improving road safety.
AUI serves over 30,000 independent agencies nationwide and specialises in transportation risks with a dedicated brokerage team to help retail agents place their transportation-related accounts.
The new partnership, according to Cover Whale, will create wider distribution of its offerings, while broadening its insurance capacity to serve more of America’s truck drivers, a traditionally underserved segment of the insurance market.
In parallel, AUI will deliver a differentiated solution enabling its retail agent partners to better serve existing clients and win new business.
Dan Abrahamsen, CEO of Cover Whale, said, “Truck drivers are our heroes, and our mission is to protect their safety and livelihoods to the best of our abilities. Partnering with an innovative and forward-thinking organization like AUI gives us the opportunity to continue growing our commercial insurance capacity and supporting more drivers.”
William Chambers, director of digital partnerships at AUI, added, “We’re looking forward to working alongside Cover Whale to service a unique set of drivers. Through our extensive digital marketplace, our agents can gain access to Cover Whale’s unique capacity to best service both agents and insureds.”
Earlier this year, Cover Whale partnered with dreyhev to build a risk-based technology process to transform commercial auto insurance.
Speaking at the time, the InsurTech said the partnership with dreyev will create an “unparalleled data-centric platform to improve loss ratios, lower insurance premiums for safe drivers and make roads safer by saving lives.”
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