Technology is a great amplifier. It amplifies the power of humans and allows us to scale our ambitions. At Clearcover, we take this belief to heart—and it is motivating us to build a smarter car insurance choice. Rather than approaching new tech advancements with caution, our company ethos is to proactively integrate smart technology into every function. Technology challenges us and teaches us how to meet our full potential.Executive SummaryExecutives at Clearcover, an MGA selling personal auto insurance, believe that it’s time to change customers’ negative perceptions of the industry. Here, VP of Growth Nick Shutwell proposes a recipe that combines smart technology and human touch at times that make sense.
Most of our leadership team comes from the traditional insurance carriers, such as Allstate, American Family, Farmers and State Farm. These companies are terrific, and we learned a lot during our time. However, I also observed a commonly entrenched attitude—technology was purely a point-solution or a method to automate a current process. That’s not necessarily wrong. But it is limiting and can result in stunted growth down the road.