Insuritas Partners With Northwest Bank ($1.5B in Assets in Spencer, IA) to Launch Bank-Owned Digital Insurance Agency Platform
This new partnership will enable Northwest Bank to offer their retail and small business customers a comprehensive suite of insurance and risk management products through a technology rich environment, all under a brand that their customer know and trust. By connecting their customers to over 40 insurance carriers competing for their business, Insuritas will ensure that their customers are able to obtain the right coverage, at the right price, all while helping the bank expand wallet share and non-interest income.
“We’re excited to welcome Northwest Bank to the Insuritas family,” said COO Matt Chesky. “Through our partnership, Northwest Bank will own a full service insurance agency designed to meet all of their customers risk management needs, furthering the bank’s commitments to its communities, customers and employees.”
Powered by some of the most innovative insurtech platforms in the nation, including our award-winning E-InsuranceAISLE, LoanINSURE & SmartCART Technology, Insuritas is the nation’s leading provider of outsourced insurance agency solutions for financial institutions.
To learn more, or to join the hundreds of financial institutions that have chosen Insuritas to drive non-interest income, contact us today.
About Northwest Bank
Northwest Bank is a family owned bank based in Spencer, Iowa, and is proud to serve a growing number of locations in Iowa and Nebraska. Northwest Bank is an active member in the communities it serves, and its bankers make decisions locally – a commitment you can bank on.
Insuritas has reengineered insurance distribution in America; simply changing the way insurance works – by building a scalable platform that currently has a comprehensive knowledge of and active engagement with nearly 9 million retail and 1.5 million small business insurance buyers. Insuritas has reengineered insurance by building complex, private labeled insurance agency solutions embedded into the financial services industry, enabling these firms to own a turn-key insurance agency and offer their customers a comprehensive set of insurance & risk management products through a white –labeled, digitally-optimized solution installed, managed, and optimized by Insuritas. Insuritas has built a single fully integrated platform that can connect the over 300M= insurance buyers in the United States and all of their annual insurance needs to insurance carriers in a single, virtual insurance agency eco-system, collapsing the fragmented and antiquated customer acquisition, quoting and policy issuance model and finally replacing it with intelligent insurance. For additional information please visit www.insuritas.com.