InsurTech software and services company Quotall said it is partnering with global insurance broker and fintech services provider, Acrisure.
Under the arrangement, Acrisure will provide insurance product sourcing and insurer partnership services to meet the portfolio needs of Quotall clients. UK-based Quotall said the partnership agreement further strengthens its distribution capabilities and reach.
Quotall said its insurance ecosystem of InsurTech and services provides flexible digital products and services for all insurance distributors. Quotall’s SaaS platform delivers a comparative quote, buy and self-serve insurance service via multiple channels anywhere in the world.
Grand Rapids, Mich.-based Acrisure has international experience in placing and managing high volume insurance portfolios across personal and commercial lines. Quotall said this agreement is consistent with its strategy of developing a network of strategic partnerships with rapid customer on-boarding.
The joint strategy will offer a consolidated solution for big brands across industry sectors that wish to launch seamless digital insurance channels that create a diverse revenue stream.
This strategic agreement with Acrisure is another important step for Quotall as it focuses “on broadening future opportunities to both existing and new-to-brand customers,” commented Quotall CEO Simon Ball.
“We have strong new business prospects in the pipeline, including discussions with some additional affinity brands, and this partnership with Acrisure will allow us to deliver first-class insurance solutions to a broader range of personal and SME customers,” he said.
“As a relative newcomer to the UK retail sector, we have no legacy issues preventing us from entering the market with a digitally-led proposition,” said Grahame Millwater, head of Global Insurance at Acrisure in London.
*This story ran previously in our sister publication Insurance Journal.