online insurance sales News

Direct Sales of Small Business Insurance Poised to Grow to $12B by 2025: Novarica

Over the past decade, selling small commercial insurance directly online to customers has gone from an outlandish idea to a reality. In a new report, research and advisory firm Novarica projects significant growth in the market as insurtechs and major …

ProSight Specialty Kicks Off Direct Sales Platform With Online Offering for DJs

ProSight Specialty Insurance (ProSight) has launched ProSight Direct, an online sales platform that allows potential insureds purchase insurance coverage through a simplified application. Because of ProSight’s experience in the live entertainment segment, it has kicked off the new Direct platform …

Personal Insurance Site Gabi Raises $9.5 Million; Now Selling in 6 States

San Francisco-based personal insurance shopping site Gabi has raised $9.5 million in Series A funding, led by Canvas Ventures. Also joining the round are Correlation Ventures, Northwestern Mutual Future Ventures, Securian Ventures and prior investors Capital Ventures and Project A. …

Online Seller CoverHound Adds Pay-per-Mile Insurer Metromile

Online insurance comparison shopping agency CoverHound has announced a partnership with pay-per-mile auto insurance company Metromile to provide more coverage options for customers of both companies. The partnership gives CoverHound, which now operates its personal lines platform in all 50 …

Internet Insurance Group Launches Online Insurance Platform for Small Businesses

Internet Insurance Group (IIG), a Waltham, Mass., based insurance agency that sells commercial insurance to small businesses, has launched its flagship website, SmallBusinessQuote.com. The firm has been working to build out its product offerings over the past year by building …

Allied World, Great Point Partner on Online Small Business Umbrella Program

Allied World North America has teamed with program administrator Great Point Insurance to offer umbrella coverage in the U.S. and Canada for small businesses through their online portal, UmbrellaPro. Designed for companies with less than $25 million in annual revenues, …

Plymouth Rock’s ‘Prime’ Combines Online Sales With Independent Agent Channel

Plymouth Rock Assurance — a Boston-based auto insurer serving Massachusetts, Connecticut and New Hampshire — this month launched a new online tool called “Prime.” The insurer says the new tool will give consumers the ability to buy and manage auto …

The Hartford Joins Agents’ Trusted Choice Website for Small Commercial Lines

The Trusted Choice.com website has snagged a leading agency system insurer to help independent agencies sell more small business policies online. The Hartford has joined the TrustedChoice.com online commercial insurance platform backed by the Independent Insurance Agents and Brokers of …