Nationwide’s customers will gain the ability to get car insurance quotes from multiple insurers through a new digital partnership with Insurify, an insurance comparison platform.
The partnership stems from Nationwide’s venture capital investments in Insurify – investing initially in 2017 and following on in 2020.
“This new collaboration with Insurify is a great example of how Nationwide is leveraging our relationships with InsurTech partners to make our breadth of products and solutions available to our customers and partners,” said Angie Klett, Nationwide’s senior vice president of Corporate Development.
How the partnership will work: Over time, Nationwide’s Digital Brokerage product will be available to customers and partners in all states. Through the platform, customers will have access to a tailored car insurance purchase experience, allowing them to compare car insurance quotes, coverage, and policies from Nationwide and other top insurance companies at the same place. Customers can then buy the policy of their choice either online or over the phone.
Recently, Insurify teamed with Toyota to help its car-buyers comparison shop for coverage in a similar partnership, through Toyota Insurance Management Solutions, an independent insurance agency that is part of the Japanese auto giant.