InsureZone formed a strategic commerce partnership with Santa Monica, Calif.-based BizBuyer Inc., an online B2B, request-for-quote sourcing solution for businesses. According to the agreement, InsureZone is the exclusive provider of small commercial p/c insurance to meet the needs of BizBuyer’s U.S. business customers.
After submitting an RFQ through www.bizbuyer.com, business customers will receive multiple quotes for policies from InsureZone’s national network of qualified carrier partners. Customers will also receive expert advice to help them choose the best coverages from the most appropriate vendor. BizBuyer’s resources and technology enable businesses to locate highly qualified vendors and make informed purchasing decisions on a wide range of business products and services, while InsureZone’s strategy enables its private-label partners to sell and service insurance products to their customers online under their own brands.
Funded by Buena Venture Associates, Texas financier Sid Bass and others, InsureZone offers polices from many major carriers, including The Hartford, Kemper, The St. Paul, CNA and Zurich U.S. Small Business. Business liability, property, workers’ comp, umbrella liability, and builders risk all fall under the business coverage category. Eventually, InsureZone plans to add personal auto, commercial auto, homeowners and life insurance to its offerings.
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