Metro Credit Union ($2.4 B Assets) Hires Insuritas to Launch Digital Agency
Agency to be Built on Insuritas “Embedded Agency as a Service” Platform
East Windsor, CT (June 16, 2021) – Insuritas, a full-service digital insurance agency platform, has announced it has been engaged by Metro Credit Union to install its award-winning full-service digital insurance agency platform. The insurance agency will be owned by Metro CU, embedded within its Credit Union ecosystem, and will be engineered to offer a full-service insurance agency solution to Metro’s 180,000+ members. Going forward, Metro CU to offer its members the auto, home and commercial insurance products they purchase every year. The new partnership will also deepen wallet share and build an important source of annuitizing non-interest income.
“We’re delighted to partner with Metro Credit Union to provide a full-service, digitally powered insurance agency for the Credit Union and its members,” said Insuritas Chairman and CEO Jeffrey Chesky. “Through our insurance agency as a service, the Credit Union will now be able to provide simple, seamless access to competitive options for their members’ insurance needs, all with a focus on delivering the right coverages at the right price at the right time.”
The agency will feature a variety of insurance services, including home, renter’s, auto, pet, identity theft, travel and professional liability insurance, among others. The company partners with more than 40 carriers to ensure appropriate coverage at a competitive price. The agency is scheduled to open this fall.