InsurTech

QuoteWell, IIAT Unite to Revolutionize Insurance Wholesale Brokerage in Texas

Synopsis: QuoteWell, a tech-driven insurance wholesale broker, has partnered with the Independent Insurance Agents of Texas to provide a responsive and transparent wholesale brokerage experience to IIAT's 9,000+ agency members. The partnership will leverage QuoteWell's advanced AI-driven platform to streamline the submission process, provide real-time status updates, and offer comprehensive support from experienced underwriters.
Thursday, June 13, 2024
QuoteWell
Source : ContentFactory

QuoteWell, a pioneering tech-driven insurance wholesale broker, has announced a strategic partnership with the Independent Insurance Agents of Texas, the largest association of independent insurance agents in the state. This collaboration aims to revolutionize the wholesale brokerage experience for IIAT's extensive network of over 9,000 agency members, empowering them to deliver exceptional value to their clients and expand their business horizons in the ever-evolving insurance industry.

By leveraging QuoteWell's cutting-edge AI-driven platform, IIAT members will gain access to a streamlined and efficient submission process, ensuring a seamless experience for both agents and their clients. The platform's advanced technology enables real-time status updates, providing agents with timely insights into the progress of their submissions and enabling them to keep their clients informed at every step of the process.

In addition to the enhanced submission process, IIAT members will benefit from comprehensive support provided by QuoteWell's team of experienced underwriters. These industry experts will work closely with agents to navigate the complexities of specialty commercial markets, offering valuable guidance and expertise to help them secure the best possible coverage for their clients.

Marit Peters, IIAT President and Executive Director, expressed enthusiasm about the partnership, stating, "We are thrilled to partner with QuoteWell to enhance our members' capabilities in accessing specialty commercial markets. QuoteWell is an innovative solution that will empower our members to expand their business horizons and deliver exceptional value to their clients." This endorsement underscores the significance of the collaboration and the potential benefits it brings to IIAT members.

Joey Bouchard, QuoteWell CEO, echoed the sentiment, emphasizing the company's commitment to supporting independent agents and fostering their success. "Partnering with IIAT is a fantastic opportunity for QuoteWell to join forces with a respected Texas institution, reinforcing our commitment to supporting independent agents and fostering their success in the ever-evolving insurance industry," Bouchard stated.

QuoteWell, founded in 2021, has quickly established itself as a leading player in the insurance wholesale brokerage space. With a strong focus on technology and innovation, the company has raised an impressive $20 million in funding and is licensed to operate in 44 states. This partnership with IIAT further solidifies QuoteWell's position as a trusted partner for independent agents seeking to navigate the complex landscape of specialty commercial markets.

IIAT, as the largest association of independent insurance agents in Texas, has a long-standing reputation for promoting the success and growth of its members. By partnering with QuoteWell, IIAT demonstrates its commitment to providing its members with cutting-edge tools and resources that enable them to thrive in the competitive insurance industry.