Insuritas Announces Relationship with PSECU
($7.5B Assets – 475,000 plus members)
February 10, 2021 – Insuritas today announces it has been engaged by PSECU to install its award-winning full-service digital insurance agency platform. The new insurance agency will be owned by PSECU and will be engineered to offer a full-service insurance agency solution to their over 475,000 members. With the relationship, PSECU will be able to offer its members the auto, home, and business insurance products they purchase every year, while deepening member share and building an important source of annuitizing non-interest income.
‘We are delighted to announce our relationship with PSECU,’ said Jeffrey Chesky, Insuritas’ Chairman & CEO. ‘We are proud to have earned the opportunity to build, launch and manage a full service digitally powered insurance agency for the Credit Union and its members. This new agency launch will offer all of the insurance products the Credit Union’s members will need over their lifetime, and the agency’s products and services will be easily accessible through PSECU’s digital-first banking model.’
Chesky added, ‘Through our relationship, the Credit Union will now be able to provide their members with simple, seamless access to competitive options for their members’ insurance needs, with a focus on delivering the right coverages at the right price at the right time.’
Insuritas and PSECU are looking towards launching the insurance agency in Q2 of 2021, building and deploying a full-service insurance agency with over 40 carrier partners.
For more, visit www.insuritas.com.
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 ecosystem, 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.