Answer Financial Joins CoverWallet for Agents to Expand Commercial Insurance Offerings for Small Businesses

Answer Financial Joins CoverWallet for Agents to Expand Commercial Insurance Offerings for Small Businesses

NEW YORK & ENCINO, Calif.--(BUSINESS WIRE)--Feb 12, 2020--

CoverWallet, an Aon company that is the leading digital insurance platform for small and medium-sized businesses, and Answer Financial, one of the largest personal lines insurance agencies in the nation, announced today they are teaming up. Answer Financial has joined CoverWallet for Agents to harness the technology platform, which makes it easy for agents to quote, bind, and service customers online, to expand their small commercial insurance capabilities.

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With CoverWallet for Agents, Answer Financial improves agent efficiency and enhances the overall customer experience by making it simple, fast and convenient for businesses to get insured. Agents benefit from an end-to-end solution that allows them to generate instant quotes from leading carriers, compare coverage options, bind coverage, accept multiple customer payment methods, and provide a seamless customer experience, all through the online platform.

"With CoverWallet for Agents we can provide smarter and broad-ranging options for business owners to compare, buy and save on small business insurance while also continuing to offer them great auto and home insurance products from over 30 carriers," said Jeff Sadler, VP of Insurance Product Management at Answer Financial.

"Answer Financial is an exceptional agency, and we are thrilled to be working with them," said Michael Konialian, General Manager of CoverWallet for Agents. "As one of the largest agencies in the country for personal lines, this is an exciting example of an agency expanding services to cater to the 30 million small businesses in the U.S."

CoverWallet for Agents leverages the award-winning CoverWallet platform. Agents are able to access carriers including Chubb, Liberty Mutual, Hiscox, CNA, Starr, and AmTrust to help businesses with General Liability, Business Owners Policy, Workers Compensation, Professional Liability, Cyber Liability, and Special Events all through its online platform.

For more information about CoverWallet for Agents, visit agents.coverwallet.com. For information about Answer Financial, visit answerfinancial.com/small-business-insurance.

About CoverWallet, an Aon company

CoverWallet, an Aon company, is dedicated to making commercial insurance simple, fast, and convenient. With leading carriers as partners, CoverWallet helps customers around the world quickly get the insurance coverage they need so that they can get back to what matters – growing and managing their business. Powered by deep analytics, thoughtful design, and state-of-the-art technology, CoverWallet is reinventing the $200 billion commercial insurance market for small and medium-sized businesses.

About Answer Financial ®

Answer Financial is one of the original insurtech companies, established in 1997 and focused on delivering auto insurance, home insurance, and related products through strategic partnerships on behalf of more than 30 insurance providers. Today, it is a gateway connecting insurers with their target customers through its insurance comparison platform and licensed agencies. Answer Financial is a member of the Allstate family of companies.

CONTACT: CoverWallet

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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY INSURANCE FINANCE BANKING OTHER TECHNOLOGY PROFESSIONAL SERVICES SMALL BUSINESS SOFTWARE DATA MANAGEMENT

SOURCE: CoverWallet

Copyright Business Wire 2020.

PUB: 02/12/2020 10:00 AM/DISC: 02/12/2020 10:01 AM

Copyright Business Wire 2020.