Cherokee Strip Credit Union Hires Insuritas to Launch Member Owned, Digitally Powered Insurance Agency
Jeff Chesky, President and CEO of Insuritas, noted: “The leadership at Cherokee Strip Credit Union recognized that 100% of their Members buy auto and home insurance every year, and wanted a full service, multi-product, Member-owned insurance agency to address that need from inside the cooperative.” Chesky noted, “We will build and launch an agency for Cherokee Strip with a stable of 42 Auto and Home carriers, and many more offering nearly every insurance product that Members and small businesses need. The agency will operate on our digital platform supported by our ‘White Glove Agent Concierge Service’ and feature our award winning E-InsuranceAISLE™, LoanINSURE® and SmartCART Technology℠ platforms. The CU-owned agency will provide a powerful lift in recurring, value added, and non-cyclical fee income.”
Johnny O’Hare, CEO of Cherokee Strip stated, “Launching a wholly-owned insurance agency allows our Members to shop for auto, home, life, and business insurance from the very Credit Union they’ve trusted for 85 years. Over 100 insurance carriers will compete to offer the best combination of affordability, coverage, and service – allowing us to expand our commitment to a great Member experience, with special emphasis on price and convenience.”
O’Hare concluded: “Our forward vision includes making financial products easy to understand and easy to use. Consistent with that, our agency will leverage the latest technology with one-stop shopping, be accessible most anytime by web or phone, and take the intimidation factor out of buying insurance. For us, Insuritas is the ideal partner to delight our Members with a one-of-a-kind insurance shopping experience.”
About Cherokee Strip Credit Union
In October 1933 a small group of employees organized the Conoco Employees (PC) Credit Union, at that time only the second financial cooperative in Oklahoma. Now 85 years young and 9,000 Members strong, Cherokee Strip Credit Union continues to proudly serve those who live, work, worship, or attend school in Kay County, Oklahoma. To learn more, visit www.cherokeestrip.com.
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 1.4 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. Visit www.insuritas.com for additional information.