Coterie Insurance deploys automated underwriting to save agents and brokers’ time

Coterie Insurance, the partner-focused company transforming small business insurance, has launched a solution that leverages automated underwriting to save agents and brokers’ time.

The launch of the next iteration of its dashboard, called SimplyBind Experience, will save agents and brokers 75 percent more time, Coterie said.

The new dashboard prefills information based on two data points: business name and address. The company said this not only enables a faster quoting and binding experience but also enables agents to prospect more efficiently with accurate information about this business upfront, including a bindable quote.

Pete Buccola, vice president of insurance at Coterie Insurance, said, “Coterie is committed to facilitating efficient risk transfer for agents and small business owners. We’re doing that through automated underwriting by using technology and publicly available data that already exists to answer our own underwriting questions.

“In addition, we’re giving agents and brokers an edge by providing them with the information they need upfront to run quotes and reach more small businesses in their communities.”

Coterie recently expanded its integration with QuickBooks Insurance. With the full integration, users gained an improved quote and bind process as the entire process of getting insurance happens within the QuickBooks experience.

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