Marshall Community Credit Union ($186M Assets) Launches InsurTech Agency on Insuritas Platform
Operating at the intersection of InsurTech and FinTech, Insuritas has launched its award winning digital insurance agency platform for Marshall Community Credit Union. MCCU Insurance Agency is now open to help the credit unions over 12,000 members.
Powered by Insuritas, Marshall Community is deploying its InsurTech capabilities to offer auto, home, and small business insurance seamlessly to their entire Michigan addressable market. Insuritas will leverage its API connectivity and data analytics to deliver insurance quotes to Marshall Community’s membership at their precise instant of interest; applying for a loan, at the time of a policy renewal, or while accessing online banking all from a name they know and trust. Marshall Community wanted a digitally rich shopping, buying and service experience for the insurance needs of its retail and small commercial members, and Insuritas was selected to deliver.
Jeff Chesky, President and CEO of Insuritas, noted: “Marshall Community’s leadership has recognized that 100% of their members and 100% of the households in their Michigan market buy insurance every year, and that providing a full suite of insurance products to their addressable market is a natural extension of their core business and leverages the powerful brand equity and trusted relationships they’ve created. In addition to furthering Marshall Community’s commitment to provide their members with value-added products and services, MCCU Insurance Agency further cements their position as a market leader.” Chesky added “Our deployment team has installed our award winning E-InsuranceAISLE™, LoanINSURE® and SmartCART Technology℠ platforms, creating a virtual ‘Insurance Aisle’ inside the Credit Union that will provide a powerful lift in recurring, value added, non-cyclical fee income while helping more members save time and money on insurance.”
About Insuritas
Insuritas pioneered the deployment of virtual “private labeled” insurance agencies that are integrated into bank and credit union operating environments – currently connected to over 9.0 million consumers and over 1.4 million small businesses. The Insuritas solution, which is now installed in over 150 financial institutions, includes four core technology platforms that transform the shopping experience for millions of consumers for the insurance products they purchase and repurchase every year. Insuritas enables financial institutions to own an insurance agency solution without the significant capital investments required to build or buy an agency, or the inherent operational risks attendant to either of those approaches. Through a cost-effective partnership solution, financial institutions leverage Insuritas’ proven, end-to-end insurance agency solution. Click www.insuritas.com for additional information.
About Marshall Community Credit Union Marshall Community Credit Union is a federally insured full-service financial institution, headquartered in Marshall MI. The Credit Union serves members in eight counties. The credit union has been operating since 1951, and is locally owned and operated. Marshall Community Credit Union is committed to the ethos of “people helping people” and provides high earnings on savings, low rates on loans, credit cards with no annual fee, home financing, and much more to its members. https://www.marshallcommunitycu.com/
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