Insureio and Motorists Life Launch New Consumer Life Insurance Program

 
 
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* Life Insurance
* Financial Services

Industry:
* Insurance

Location:
* Roseville - California - US

Subject:
* Products

ROSEVILLE, Calif. - July 11, 2018 - PRLog -- Insureio Technologies, Inc. has partnered with Motorists Life, a member of Motorists Insurance Group, and global reinsurer SCOR to launch a consumer-facing online life insurance pilot program. Real-Time Term (RTT) is a straight-through online insurance portal that allows consumers to quote, apply for, and purchase life insurance in approximately 20 minutes.

The program gives property & casualty agents an easy way to help existing clients address additional financial risk with life insurance. Agents have multiple ways to use the new RTT process: by placing a quoting widget on their website, adding their RTT link to an email signature, or sending their link via the provided marketing emails.

"Until now, no one could take a consumer through the entire buying process using only a link," said Insureio president Ryan Pinney. "That's why we're thrilled to partner with Motorists to make this happen. Now, agents can email their link, text it, or put it in an instant message. You don't even need a website to use the RTT process."

By answering a series of health and lifestyle questions, the consumer receives an instant underwriting decision from SCOR Global Life utilizing the Velogica underwriting engine. Consumers see their agent's branding and contact information throughout the process, reinforcing the connection between the agent and their client.

"We are excited to introduce this innovative insurance solution to our independent agents," Motorists Life President Mike Agan said. "This automated and seamless process will help agents effortlessly meet the life insurance needs of their clients."

The pilot program was launched with five agencies on June 27, 2018.

About Insureio
Insureio Technologies, Inc. is a Roseville, CA-based technology company serving the insurance and financial services industry. Insureio provides quoting tools, financial calculators, and sales & marketing automation in a cloud-based customer relationship management (CRM) software system. Visit https://insureio.com to learn more.

About Motorists Insurance Group and BrickStreet Insurance
Motorists Insurance Group and BrickStreet Mutual Insurance Co. affiliated through a joint venture in 2017. Ohio-based Motorists consists of property and casualty insurance, life insurance and insurance brokerage companies, and West Virginia-based BrickStreet is one of the largest writers of workers' compensation coverage in the region. Now a super-regional carrier ranked in the top 20 mutual companies in the United States, Motorists and BrickStreet include 10 offices writing in 28 states and the District of Columbia, premiums of nearly $1.2 billion, surplus of nearly $1.55 billion and assets of $4.5 billion. The group markets insurance solutions through more than 17,000 independent agents at more than 2,000 agencies in the Midwest, Northeast and South. Learn more about Motorists Insurance Group at https://www.motoristsinsurancegroup.com and BrickStreet at brickstreet.com.

Contact
Jenni Wiltz
***@insureio.com
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Tags:Life Insurance, Financial Services
Industry:Insurance
Location:Roseville - California - United States
Subject:Products
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