Marble, an all-in-one digital wallet for insurance, has introduced commercial insurance shopping to its range of products, solidifying its position as a comprehensive insurance platform for members.
Driven by a commitment to streamline insurance shopping and administration, Marble empowers its members to seamlessly organise, compare, and procure both personal and commercial insurance policies within its app.
The new commercial insurance marketplace is supported by partnerships with industry-leading providers Herald and Envoy Insure.
Marble users will receive commercial quotes through the Envoy Insure quoting platform, with data securely integrated between Envoy Insure and carriers via Herald’s APIs. This integration enables Marble members to access digital, bindable quotes from leading commercial insurance companies, initially including Coterie Insurance and Cowbell, with more carriers expected to join in the near future.
The product was developed as Marble recognised the need to extend its services to cater to small and medium-sized business owners, with nearly 20% of its members falling into this category. The new commercial insurance marketplace offers access to a wide range of insurance products built to protect businesses from various risks.
Speaking on the news, Stuart Winchester, CEO and founder of Marble stated, “Expanding Marble’s offerings to include commercial insurance is a significant milestone in our journey to become the go-to destination for all insurance needs. We’re thrilled to empower our members with the ability to seamlessly shop for both personal and commercial insurance within our app. This expansion underscores our commitment to providing comprehensive solutions and exceptional service to our members.”
Duncan Crystal, Co-founder and CRO of Herald, added, “We were pleased to build out the digital infrastructure to support Marble’s goal of empowering their users to receive bindable quotes from multiple commercial insurance carriers, all in one single interface. We’re proud to bring the world’s top carriers to the table via our API technology.”
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