Sandia Area Credit Union Hires Insuritas to Launch Member Owned, Digitally Powered Insurance Agency
Insuritas will launch a member owned full service insurance agency for Sandia Area Credit Union. Jeff Chesky, President and CEO of Insuritas, noted: “The leadership at Sandia Area has recognized that 100% of their members buy auto and home insurance every year, and wanted a full service, multi-product, member owned agency.” Chesky continued, “We will build and launch an agency for Sandia Area with up to 42 Auto and Home insurance carriers, and over 100 carriers featuring nearly every insurance product members need. The agency will be omni-channel, operating on a digital platform with our award winning online agency eco-system.” “We will launch our virtual ‘Insurance Aisle’ inside the credit union, including our award winning E-InsuranceAISLE™, LoanINSURE® and SmartCART Technology℠ platforms, which will provide a powerful lift in recurring, value added, non-cyclical fee income.”
Scott Connely, CEO of Sandia Area noted, “Launching our member owned insurance agency will allow our members to shop for the auto, home, life and business insurance they need from the Credit Union they trust. By opening our wholly-owned insurance agency, we are able to continue our commitment to servicing our members with all of the financial products they need with a great member experience and an emphasis on price and convenience.” Connely concluded: “We endeavor to develop life-long relationships with our members and help our local community make smart financial decisions, and launching a member owned Insurance Agency will help fulfill our mission.”
About Sandia Area Credit Union
Sandia Area is a not-for-profit financial cooperative and is the New Mexico’s fifth largest credit union. Since 1956, Sandia Area has worked to develop life-long relationships with our members and help our local community make smart financial decisions. Sandia Area serves people, families and organizations who care about the earth, people and recycling surplus; and those who live, work, worship, volunteer, or attend school in the counties of Bernalillo, Cibola, Torrance and Valencia, as well as the City of Rio Rancho and Kirtland Air Force Base. Through a network of seven branches, Online and Mobile Banking, and nearly 30,000 ATMs worldwide, we provide service to over 80,000 members. To learn more about Sandia Area, visit www.Sandia.org
Insuritas has reengineered insurance distribution in America; simply changing the way insurance works – by building a scalable platform that currently has a comprehensive knowledge of and active engagement with nearly 9 million retail and 1.5 million small business insurance buyers. Insuritas has reengineered insurance by building complex, private labeled insurance agency solutions embedded into the financial services industry, enabling these firms to own a turn-key insurance agency and offer their customers a comprehensive set of insurance & risk management products through a white-labeled, digitally-optimized solution installed, managed, and optimized by Insuritas. Insuritas has built a single fully integrated platform that can connect the over 300M+ insurance buyers in the US and all of their annual insurance needs to insurance carriers in a single, virtual insurance agency eco-system, collapsing the fragmented and antiquated customer acquisition, quoting and policy issuance model and finally replacing it with intelligent insurance. Click insuritas.com for additional information.