InsurTech News

Canopy Connect and Fair Partner to Unlock New Revenue Stream for Insurance Agencies with Embedded Auto Warranty Quoting

Canopy Connect and Fair Partner to Unlock New Revenue Stream for Insurance Agencies with Embedded Auto Warranty Quoting

Integration enables agents to generate Fair auto warranty quotes in seconds from Canopy Connect’s insurance intake platform

Canopy Connect, the leading insurance verification technology provider, and Fair, the first warranty carrier built for P&C auto, announced a new partnership and integration. The collaboration enables insurance agencies to unlock a new revenue stream by offering auto warranty quotes seamlessly alongside the insurance quoting process.

With the new integration, agencies using Canopy Connect’s insurance intake platform can generate a Fair auto warranty quote with a single click. Policy and vehicle information collected during intake is automatically prefilled, allowing agents to deliver a Fair quote in seconds without rekeying data or disrupting existing workflows.

By bringing Fair’s innovative warranty offering directly into the Canopy Connect workflow, we’re helping agencies expand their value proposition and unlock a new revenue stream.”

— Tolga Tezel, Founder & CEO

“Canopy Connect has set the standard for how insurance data should be collected and activated,” said William Betteridge, founder and CEO of Fair. “By integrating directly into Canopy’s platform, we’re meeting agents exactly where they work and giving them a powerful, modern way to protect their clients and grow their businesses. This partnership represents what the future of insurance distribution should look like — seamless, digital, and built around agent success.”

Read More on Fintech : Global Fintech Interview with Kristin Kanders, Head of Marketing & Engagement, Plynk App

Auto warranties represent a growing opportunity for agencies looking to better protect clients while increasing retention and recurring revenue. More than half of U.S. drivers cannot afford a $1,000 unexpected auto repair, and major engine repairs can cost upwards of $6,000. At the same time, consumer awareness is strong, with approximately 40% of drivers having already purchased a warranty.

“Fair is reimagining what auto warranty can be for agencies and their customers,” said Tolga Tezel, founder and CEO of Canopy Connect. “By bringing Fair’s innovative warranty offering directly into the Canopy Connect workflow, we’re helping agencies expand their value proposition, unlock a new revenue stream, and deliver a better experience without adding friction.”

Catch more Fintech Insights : When DeFi Protocols Become Self-Evolving Organisms

[To share your insights with us, please write to psen@itechseries.com ]

Related posts

DeFi Technologies Announces Strategic Partnership with RockX

Fintech News Desk

New Zuora Analytics and Zuora Billing Drive Agile Subscription Experiences

Fintech News Desk

Tech Mahindra and Innoveo Drive Digital Transformation to Enhance Customer Experience Globally in Insurance, Banking and Wealth Management

Fintech News Desk
1