The Emergence of Commercial Insurance Digital Platforms

In recent years, the insurance industry has witnessed the emergence of new-age digital platforms that aim to streamline the insurance quoting process and provide a more convenient and efficient experience for business owners.

Application programming interfaces (API) allow for the integration of quoting insurance with multiple insurance carriers in a matter of minutes. Insurtech insurance agencies like RaisinBread are leveraging this technology to disrupt the insurance industry.

Today, business owners complete and submit an online application and can then compare different policies, coverages and premiums in one place, making it easier to make an informed decision. The quote information is presented in an easy to read format. The business owner then has the option to proceed instantly to purchase a policy.

This technology includes the ability to obtain a quote through mobile devices providing a business owner the option to obtain an insurance quote on smartphones or tablets anyway, anytime that is convenient for them.

The adoption of commercial digital insurance quoting platforms for business owners offers businesses convenience, efficiency and flexibility in obtaining insurance coverage and securing suitable insurance protection for their business.

Anthony Washington
CEO/Co-Founder RaisinBread