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U.S. Insurtech Pie Insurance coverage Launches Associate Portal
Simply a few months after the closing of its newest funding spherical, which raised $127 million, insurtech startup Pie Insurance coverage introduced the launch of its new accomplice portal. In line with Pie, the portal makes use of proprietary know-how that makes it simpler for accomplice brokers to submit their shoppers for staff’ comp protection and observe their standing in real-time.
“The accomplice portal options an built-in urge for food checker and may make computerized choices on greater than 70 % of sophistication codes. Pie’s capability to auto-decide such a excessive share of sophistication codes ensures brokers get the data they want sooner to higher serve their shoppers.”
Whereas sharing extra particulars concerning the portal, Dax Craig, President and Co-Founding father of Pie, defined:
“This performance is a recreation changer for our company companions,” stated “For many years, brokers have submitted their shoppers’ info to a service and waited as much as weeks for a solution to the query, ‘are you able to provide protection?’ By offering computerized bind and decline choices for our accomplice brokers, Pie is reworking the best way brokers do enterprise.”
As beforehand reported, Pie describes itself as a fast-growing insurtech startup that gives staff’ compensation insurance coverage on to small companies. The corporate revealed it started providing staff’ compensation insurance coverage insurance policies in 2018 with the mission of serving to small companies expertise true financial savings and an unmatched stage of service. Pie additional famous that over the previous twelve months, it has grown its written premium 150% to almost $19 million within the first quarter of 2020.
Pie added that with the addition of the accomplice portal, it continues to make speedy progress on its mission to automate the whole small enterprise insurance coverage expertise from quote to assert.