Coterie Insurance, a small business insurance solution for agents and brokers, has partnered with Appalachian Underwriters, Inc (AUI), for automated underwriting.
Appalachian is a wholesale insurance outlet serving the United States.
The partnership, according to Coterie, will enable access to Coterie’s innovative tech-based small business insurance solutions by AUI agents and brokers.
Appalachian Underwriters’ agents and brokers can access Coterie’s fully digital underwriting engine, using just the business name and address to quote the risk.
In employing data-driven underwriting and leveraging publicly available information, Coterie said it can provide the simplest commercial insurance experience on the market, with bindable quotes in just a few minutes.
AUI was established with the goal of providing efficient solutions to insurance agents and brokers so they can bring their clients a broad selection of products.
Through the partnership with Coterie, the two are joining force to bring cutting-edge business insurance services and products to the insurance agents and brokers of today.
Will Chambers, director of digital partnerships at Appalachian Underwriters, said, “Appalachian’s mantra of ‘Business Made Easy’ is embodied in this new, exciting partnership with Coterie. We are honored to work with such a forward-thinking company and proud to offer this best-in-class solution to our agents. We are certain that this collaboration will provide (much appreciated) efficiencies to our retail agent clients and, in turn, the insurance customers they serve.”
John Poucher, VP of Agency Distribution at Coterie Insurance, said, “This partnership brings together two tech-forward companies to benefit the end user – agents and brokers writing small commercial policies.
“Coterie’s broad appetite includes home-based businesses and start-ups, which can be hard to find market placement for insurance coverage. In addition, the best-in-class speed and ease of use of our tech platform make the economics of quoting and binding favorable for our partners.”
In December last year, Coterie partnered with Opterrix to leverage weather data.
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