Stere, Inc., a leading InsurTech platform, and EPIC Insurance Brokers & Consultants (EPIC) have partnered to transform the insurance experience for small businesses by offering a streamlined, digital insurance solution.
The move aims to leverage Stere’s advanced API platform, known for its capabilities in embedded insurance, alongside EPIC’s established expertise in risk management and insurance solutions, according to InsurTech Insights.
Together, Stere and EPIC plan to offer a digital suite of tailored insurance products specifically for small businesses. By embedding insurance options directly within the customer journey, the two companies hope to create a more efficient process, boosting both customer satisfaction and accessibility.
Stere operates as an InsurTech platform that focuses on enabling embedded insurance for various industry needs.
The platform’s API-driven approach is designed to simplify the insurance purchasing process for end users, enabling businesses to seamlessly integrate insurance offerings within their own services.
This model has gained traction due to its efficiency and customer-centric approach, particularly appealing to small business owners.
EPIC Insurance Brokers & Consultants, a respected name in the insurance and employee benefits brokerage sector, brings decades of industry knowledge to the partnership.
EPIC provides tailored solutions in risk management and specialises in creating insurance packages that meet the complex needs of small and mid-sized businesses. Through this collaboration, EPIC can expand its digital capabilities and offer more accessible coverage to clients within a simplified, embedded platform.
The partnership reflects a broader trend as embedded insurance models continue to gain momentum, driven by increasing demand for integrated, user-friendly insurance options. By focusing on this embedded approach, Stere and EPIC aim to position themselves strategically in the growing digital insurance market, hoping to enhance the small business customer experience while also driving market growth.
Dogan Kaleli, CEO of Stere, expressed enthusiasm about the collaboration, stating, “We are thrilled to partner with EPIC Insurance to bring our API-first insurance platform to small businesses. Our combined digital capabilities and EPIC’s industry insights create a powerful solution that will change how small businesses access and manage insurance.”
Alan Aubin, Managing Principal of EPIC, highlighted the advantages of the partnership, saying, “We are excited about the potential this partnership brings. Through embedded insurance, we can offer an improved insurance experience for small businesses, making it easier than ever for them to protect their assets and mitigate risk.”
As the partnership progresses, Stere and EPIC plan to continue refining their digital insurance offerings to address the evolving needs of small businesses, aiming to set a new standard for efficiency and customer experience in the insurance sector.
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