Vancouver, British Columbia – (COMMERCIAL THREAD) – APOLLO Insurance, Canada’s leading online insurance provider, has partnered with Liberty Mutual Insurance, a Fortune 100 company that is the sixth largest P&C insurer in the world based on gross premiums written in 2020 , to add retail store insurance to APOLLO’s rapidly growing catalog. of digital insurance products.
This new offering includes a variety of coverage for retail clients, including commercial liability, property, equipment breakage, crime, and more. As with all APOLLO products, the entire process, from establishing quotes to contractual coverage and issuing policy documents, is immediate, online and paperless.
Canadian insurance brokers can access all APOLLO Broker Portal products by registering for free. APOLLO’s partner brokerages are also able to white label this product and others for sale directly from their brokerage website in an e-commerce environment.
“This is a great product that brokers can offer their clients online quickly and efficiently,†said Marco Andolfatto, Director of Underwriting, APOLLO. “APOLLO’s rich functionality allows brokers to track quotes and ensure they are offering the expertise, guidance and guidance their clients need to make an informed buying decision. We are very excited to partner with Liberty Mutual Insurance to provide our brokers with a comprehensive digital insurance offering for their retail store customers. ”
APOLLO’s proprietary technology platform, APOLLO Exchange, handles insurance business in real time and leverages extensive data and sophisticated algorithms to quote, collect payment, create and deliver policies. Thousands of types of small businesses and individuals can buy online without human intervention.
Some of the coverage features of this retail product include:
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35 eligible businesses
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Up to five locations and $ 5 million in revenue
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Sold online
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Monthly and annual payments
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Up to 30% revenue from delivery, installation or repair
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Sales outside of Canada up to 30%
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Flexibility – choose covers tailored to specific needs
Liberty Mutual Insurance is one of a select group of licensed insurers that support products on the APOLLO Exchange platform. In early 2021, it was announced that Liberty Mutual was participating in APOLLO’s $ 13.5 million Series A fundraiser.
About APOLLO Assurance
APOLLO Insurance (“Apollo Insurance Solutions Ltd.â€) is Canada’s leading online insurance provider. Our proprietary platform, APOLLO Exchange, enables insurance agents and their clients to purchase their policy immediately, from anywhere, on any device, 24/7.
Unlike traditional paper-based processes, APOLLO leverages extensive data and sophisticated algorithms to establish quotes, collect payments, and issue policies for thousands of types of small businesses and individuals without human intervention.
Through traditional agents and integrated financial partnerships, APOLLO redefines insurance distribution.
For more information visit: http://apollocover.com/
About Liberty Mutual Canada
Liberty Mutual Canada is the Canadian arm of Liberty Mutual Insurance Company. We offer a wide range of commercial insurance products and solutions to medium and large Canadian businesses with Canadian, North American and / or multinational risks.
Our comprehensive solutions are provided by underwriters and risk engineers who are experts in deconstructing risk and customizing insurance-based solutions to meet client needs.
Our claims specialists respond with speed, professionalism and compassion.
No matter how complex, simple, or niche your needs are, we deliver thoughtful insurance solutions and exceptional customer service for every risk.
For more information visit: https://www.libertymutualcanada.com/
The availability of APOLLO Exchange and the products described in this document is subject to the applicable eligibility conditions, including jurisdiction, and other terms and conditions. The descriptions of APOLLO Exchange and its products contained in this document are qualified in their entirety by these requirements, terms and conditions. All rights reserved.
