Insuritas Unveils America’s First Insurance Ecosystem Platform at Insurtech Insights’ Global Insurance Leaders’ Summit in NYC
East Windsor, CT June 18, 2019 – On Wednesday, June 19, at the Global Insurtech Leaders’ Summit in NYC, Insuritas Founder & CEO, Jeffrey Chesky will unveil America’s first insurance ecosystem platform designed to disrupt insurance delivery while building new sources of recurring fee income for financial institutions. The Summit – organized by Insurtech Insights is slated to be attended by 1,000+ C-Suite executives, carriers, influencers, and investors.
The Insuritas ecosystem is reengineering insurance distribution in America; changing the way consumers and small businesses shop, compare and buy insurance – by building a scalable, API based insurance agency ecosystem platform. The platform enables financial institutions to provide a full suite of insurance products and services within their trusted brand. Currently, Insuritas’ ecosystem provides comprehensive knowledge of and engagement with over 10 million retail and 1.5 million commercial customers – ‘users’ – that buy insurance every year.
“We are delighted to be unveiling our insurance ecosystem platform at the Insurtech Insights Conference. Insuritas’ mission, has been and will continue to be, reimagining and reengineering insurance distribution – building virtual, private labeled insurance agency entities embedded in financial services ecosystems, enabling these firms to own a turn-key insurance agency and offer their customers/users a comprehensive set of insurance & risk management products through a white-labeled, digitally-optimized solution installed and managed by Insuritas”.
In describing the announcement, Chesky noted, “Our single, fully integrated insurance ecosystem is engineered to connect insurance buyers, and all of their insurance needs with a wide array of insurance carriers in a single, virtual insurance agency eco-system, collapsing the highly fragmented and antiquated customer acquisition, quoting and policy issuance model.” Chesky concluded – our insurance ecosystem is globally scalable, built to compete in multiple sectors, engineered to operate inside larger financial institution ecosystem orchestrators through open gateways. The ecosystem collapses traditional insurance customer acquisition costs, generates high customer acquisition and retention levels, which in turn generates high levels of recurring commission revenues for its partners.”
Insuritas seeks to empower consumers to secure the right insurance coverage at the right price, for our partners to add value and deepen relationships with their consumers, and for our carriers to compete to win the business of insureds they want to serve. The Insuritas ecosystem operates virtual, full service, digitally powered insurance agencies for banks and credit unions serving over 10M customers nationally. For more information, visit www.insuritas.com.
About Insurtech Insights
Our community is one of the leading Insurtech communities, connecting you to the industry-leading innovative thinking being generated around the globe. With attendees from established Insurtech companies to C-level Executives from leading Insurance Carriers, Reinsurers, Investors, and innovating Start-up businesses. Through our global events in London, New York, and Hong Kong, we are creating a community for members to connect and share knowledge through a variety of different ways, such as podcast and conferences. For more information, visit www.insurtechinsights.com. More about the Global Insurance Leaders’ Summit – NYC 2019 at www.insurtechinsights.com/america/.