Insurtech ecosystem specialist Quotall announced it has entered into a strategic partnership with global insurance broker and fintech services provider, Acrisure.
Under the partnership, Acrisure will provide insurance product sourcing and insurer partnership services to meet the portfolio needs of Quotall clients. Quotall said the partnership agreement further strengthens its distribution capabilities and reach.
Grand Rapids, Mich.-based Acrisure has international experience in placing and managing high volume insurance portfolios across personal and commercial lines. Quotall said this agreement is consistent with its strategy of developing a leading network of strategic partnerships with rapid customer on-boarding.
The joint strategy will offer a consolidated solution for big brands across industry sectors that wish to launch seamless digital insurance channels that create a diverse revenue stream.
This strategic agreement with Acrisure is another important step for Quotall as it focuses “on broadening future opportunities to both existing and new-to-brand customers,” commented Quotall CEO Simon Ball.
“We have strong new business prospects in the pipeline, including discussions with some additional affinity brands, and this partnership with Acrisure will allow us to deliver first-class insurance solutions to a broader range of personal and SME customers,” he said.
“As a relative newcomer to the UK retail sector, we have no legacy issues preventing us from entering the market with a digitally-led proposition,” said Grahame Millwater, head of Global Insurance at Acrisure in London.
“We believe that savvy new market entrants who are not currently selling insurance but have strong brand equity and loyal customer bases will have a significant impact on the UK insurance market,” Millwater added.
About Quotall
Quotall said its insurance ecosystem of insurtech and services provides flexible digital solutions for all insurance distributors. Quotall’s SaaS platform delivers a comparative quote, buy and self-serve insurance service via multiple channels anywhere in the world. “One size rarely fits all, and our insurance software and ecosystem services have the flexibility to deliver a first-class insurance solution built just for your business,” said Quotall on its website.
Source: Quotall
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