Broker Buddha, a client digital engagement platform for insurance agencies, has partnered with Herald, which builds digital infrastructure for commercial insurance, to offer carrier quoting panels.
Founded in 2017, Broker Buddha aims to simplify the application and renewal process and enables agencies to impress their clients by delivering a unique digital footprint that is consistent with their brand promise.
The partnership, according to Broker Buddga, will enable the companies to further simplify their client’s experience while improving the way they do business with their leading carrier partners.
By combining Broker Buddha’s client-friendly online Smart Forms with Herald’s unified carrier connectivity application programming interface (API), this partnership will deliver an easy-to-use platform for businesses and their agents to quickly get quotes and bind policies for small and middle-market businesses.
From the partnership, Broker Buddha will be able to offer automatic quotes for over 400 classes of business. Herald’s growing list of API-enabled insurance products means that agencies using Broker Buddha will be able to quickly and easily place coverage for small and medium business owners across the country.
Jason Keck, Founder and CEO of Broker Buddha, said, “As a venture-backed, high-growth startup, we are fully committed to new product innovation. Our digital engagement platform streamlines your processes, eliminating the monotonous administrative work of insurance applications and renewals. Now, with Herald’s powerful connectivity infrastructure, we can empower agents to connect these streamlined processes to their top carrier partners and fully automate submission workflows for small and mid-sized accounts.”
Matthew Antoszyk, CEO at Herald, added, “Partnering with innovative distributors like Broker Buddha is fundamental to Herald’s goal of supporting independent agents and the businesses they serve. We’re excited about how Broker Buddha’s industry-leading platform will enable their impressive portfolio of agency clients to digitize workflows with the carrier partners in our ecosystem.”
Last year, Insurance and investment platform Nationwide partnered with InsurTech NeuralMetrics to help agents serving the small commercial insurance segment save time in the quoting process.
Copyright © 2023 FinTech Global
