The bindable quote solution bolsters the
insurtech's embedded strategy
CHICAGO, Oct. 3, 2023
/PRNewswire/ -- Clearcover, a next-generation car insurance
company, today announces the expansion of its embedded insurance
strategy through a bind-API integration with Goosehead Insurance,
Inc., (NASDAQ: GSHD), a rapidly growing, independent personal lines
insurance agency.
The high-tech integration enables Goosehead Insurance agents to
generate a Clearcover quote directly through their quoting
platform, delivering a more streamlined quote-and-bind experience
for agents and their clients.
"This API deepens our existing relationship with Goosehead
Insurance and allows their agents to serve their clients in the
most efficient way," said Clearcover Integrations Product Manager
Steve Black. "As part of our
long-term vision and strategy, Clearcover remains steadfast in
delivering a seamless and competitive car insurance experience that
adds value to the marketplace. By boosting partner enablement
through our best-in-class technology stack, we are able to
accomplish this more effectively."
This latest step in the Clearcover and Goosehead Insurance
partnership, which was first announced in June 2021, signals an ongoing commitment between
the two companies to harness technology to revolutionize the car
insurance experience for both agents and clients.
"At Goosehead Insurance, we are committed to providing
industry-leading solutions that simplify the insurance shopping
experience and empower clients to choose the best coverage at the
right price," said Oswaldo Gonzalez,
Managing Director of Product and Program Management at Goosehead
Insurance. "Our expanded partnership with Clearcover reflects our
ongoing investment in innovative technologies that help our agents
provide greater ease, transparency and education to our
clients."
Clearcover is building momentum in its ongoing effort to expand
its embedded insurance strategy, including a collaboration with
Experian and most recently, the launch of "Choice," its
customizable end-to-end auto insurance integration brands across
the financial services industry.
About Clearcover
Clearcover is a next-generation insurance company that provides
customers with the technology they need to confidently make the
smartest decisions at every step. Clearcover is challenging the
status quo with hassle-free insurance that redefines what it means
to put the customer first, delivering affordable car insurance with
one of the industry's fastest claims experiences. Clearcover
includes Clearcover, Inc., which was founded in 2016 by
Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company
(NAIC #16524) and Clearcover Insurance Agency. Clearcover has
raised more than $480 million in
funding to date. In 2022, the insurance fintech ranked No.50 on the
Deloitte Technology Fast 500TM and No. 151 on the Inc. 5000 Fastest
Growing Privately Held Companies in America. Clearcover has also
been featured by Glassdoor as one of the nation's "Best Places to
Work." For more information, visit Clearcover.com.
About Goosehead Insurance
Goosehead (NASDAQ: GSHD) is
a rapidly growing and innovative independent personal lines
insurance agency that distributes its products and services through
corporate and franchise locations throughout the United States. Written premiums in the
second quarter of 2023 grew by 36%, with total written premiums
placed for the year expected to be between $2.87 billion and $2.99
billion. Goosehead was founded on the premise that the
client should be at the center of our universe and that everything
we do should be directed at providing extraordinary value by
offering broad product choice and a world-class service experience.
Goosehead represents over 150 insurance companies that underwrite
personal and commercial lines. For more information, please visit
goosehead.com or goosehead.com/become-a-franchisee.
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SOURCE Clearcover