Insurance agency Insuritas has been selected by CoreBank to install its digital insurance agency platform.
Insuritas’ mission is to connect people to the insurance products they need through a seamless, transparent shopping experience where carriers compete to provide them with the right coverage at the right price.
The insurance agency will be owned by the Bank, embedded inside the Bank’s ecosystem, and will be engineered to offer a full-service insurance agency solution to its retail and commercial customers.
Through the partnership, Core Bank will be able to offer its customers the critical commercial insurance and personal insurance products they purchase every year, while deepening wallet share and building an important source of annuitizing non-interest income.
The agency will feature a variety of insurance services, including a myriad of commercial insurance products and personal insurance products such as home, renter’s, auto, pet, identity theft and travel insurance.
Jeffrey Chesky, Insuritas chairman and CEO, said, “We’re delighted to partner with Core Bank to provide a full-service, digitally powered insurance agency to their customers in the growing Nebraska market.
“Through our embedded insurance agency as a service, the bank will now be able to provide simple, seamless access to competitive options for their customers’ insurance needs, all with a focus on delivering the right coverages at the right price at the right time.”
Donna Jermer, Insuritas EVP, chief marketing officer, added, “With our proprietary technology platform, we are able to leverage data-driven automation to maximise conversion rates with customers. Insuritas’ digital insurance assistant, Lily, is finely tuned to identify consumers as they are in-market for insurance, automatically reaching out on their preferred communication channel on behalf of the agency.”
Last year, Island Federal Credit Union selected digital insurance agency platform Insuritas to install its full-service digital insurance agency platform.
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