AmeriCU Credit Union ($2B Assets – 139,000 Members) Hires Insuritas to Scale Existing Insurance Agency
October 1, 2020 – AmeriCU Credit Union, Rome, NY has hired Insuritas to assume operational responsibility for and to scale AmeriCU Insurance Services, a wholly owned insurance agency affiliate of AmeriCU Credit Union. “We are excited to welcome AmeriCU to the Insuritas family,” said CEO Jeffrey Chesky. “Through our partnership, Insuritas will assume operational management of AmeriCU’s existing insurance agency, deploying our award winning iInsure digital agency platform and our data analytics capabilities to deliver personalized insurance solutions to their 139,000 members for all of the insurance purchases they make every year.”
Matt Chesky, President of Insuritas noted; “This new partnership will enable AmeriCU’s insurance agency to support the credit union’s efforts to strengthen their connection to their members digitally. Our goal will be to deploy our technology infrastructure to offer their members a digitally rich, white glove agent supported, one stop solution where they can shop, compare and buy all of the insurance and risk management products they need, all under the AmeriCU brand that their members know and trust.”
By connecting their members to dozens of insurance carriers competing for their business on the Insuritas’ iINSURE platform, members will be able to seamlessly obtain the right coverage, at the right price, at the right time, for all of their insurance needs, all while helping the Credit Union expand wallet share and non-interest income. AmeriCU Insurance Services will be powered by the most innovative insurtech platform in the nation, including the award-winning LoanINSURE & iINSURE technology. Insuritas is the nation’s leading provider of outsourced insurance agency solutions for financial institutions.
The Insuritas mission is to connect people to the insurance products they need through a seamless, transparent shopping experience where carriers compete to provide them with the right coverage at the right price. The Insuritas meta-agency platform, deployed across a network of partners serving over 10M customers nationally, empowers financial institutions to leverage proprietary data-mining techniques and integrations with a broad array of insurance carriers to make highly personalized, digitally optimized insurance offers to their depositors, all within their brand. These strategies help further their commitment to the financial well-being of their customers, while driving a critical source of non-interest income for their institution. For more information, visit www.insuritas.com.