Insurance agency Insuritas has been engaged by Credit One Bank to install its full-service 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 new insurance agency will be owned by Credit One, embedded inside the Bank, and will be engineered to offer a full-service insurance agency solution to their over 12 million active card users.
With the partnership, Credit One will be able to offer its customers the auto, home, and renters insurance products they purchase every year, while deepening wallet share and building an important source of annuitizing non-interest income.
Jeffrey Chesky, Insuritas’ Chairman & CEO, said, “We are delighted to announce our relationship with Credit One Bank,” said. “We are proud to have earned the opportunity to build, embed and manage a full service digitally powered insurance agency for Credit One Bank. This new agency launch will offer all of the insurance products the Bank’s customers will need over their lifetime, and the agency’s products and services will be easily accessible through Credit One’s digital banking model.”
“Through our relationship, Credit One will now be able to provide their customers with simple, seamless access to competitive options for their customers insurance needs, with a focus on delivering the right coverages at the right price at the right time.”
Earlier this year, Insuritas has been selected by CoreBank to install its digital insurance agency platform.
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.
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