InsurTech Insuritas has inked a partnership with the North Carolina Bankers Association (NCBA).
The deal will see Insuritas develop a turnkey digital insurance agency solutions to its member banks.
“We are delighted to announce our partnership with the NCBA,” said Jeffrey Chesky, CEO of Insuritas. “Under our agreement, the NCBA will coordinate several options for member banks to offer full service digitally engineered insurance agency solutions to the communities they serve.”
Through the deal, the NCBA will enable its members to launch insurance agencies built on the Insuritas digital agency platform. These digital insurance agencies will be owned by the bank and offer the entire suite of insurance products retail and commercial customers need to manage risk.
Moreover, the NCBA will be creating an association owned insurance agency that member banks can invest in that will allow these community banks to offer their customers a full-service digital agency experience.
The NCBA will also be providing advisory services to members that own existing insurance agencies.
Last year, Insuritas was one of the companies picked by FinTech Global to be named as one of the top 100 most innovative companies in the InsurTech industry. Having claimed its spot on the coveted InsurTech100 list, the business has inked several deals on the back of it.
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