Ivans announced the launch of Ivans Insights, a business intelligence service that delivers carriers and managing general agencies new channel insights derived from a distribution network.
The first Ivans Insights service, Marketing Insights, provides a visual dashboard of a carrier’s or MGA’s distribution channel opportunities. Using download data, carriers and MGAs can view distribution insights to search for agencies based on business size, lines of business, and regional distribution. The data insights also enable carriers to fast-track potential new agency partners for appointment.
Ivans is a platform where insurance carriers, agents, and MGAs come to plug into technology that allows them to determine appetite and eligibility, produce quotes, get accurate claims and commission updates, automatically communicate policy data, and connect to one another.
Vertafore, an insurance technology provider, announced that Coterie Insurance has gone live on Vertafore’s Commercial Submissions platform with BOP and general liability lines of business.
As the first MGA on the platform, Coterie will provide independent agents with options to bind and quote small commercial insurance through an automated experience.
Founded in 2018, Coterie Insurance is a partner-focused company that aims to transform small business insurance and empower agents and brokers through a digital experience.
Vertafore’s services provide end-to-end connectivity across the distribution channel, seek to improve the client and agent experience, and streamline essential workflows to drive efficiency, productivity, and profitability for independent agencies, MGAs, and carriers.
Kin, a direct-to-consumer home insurance company, announced its expansion into South Carolina.
Kin combines proprietary technology with personalized assistance to customize policies that suit customers’ needs. By factoring in property records, permit data, and aerial imagery, among other sources, Kin gains an understanding of the physical properties of homes and how they will be impacted by extreme weather.
South Carolina is the first state where Kin is offering coverage through its new reciprocal exchange.
Sources: Ivans, Vertafore, Kin