Customers can shop, compare and purchase personal insurance policies on the digital platform while receiving professional advice
VIU by HUB (VIU), a digital insurance brokerage platform, announced the launch of renters and condo insurance. The expansion not only provides new areas of coverage to consumers but enables VIU to partner with businesses in the property management industry to offer their clients the opportunity to digitally purchase insurance through a licensed independent insurance broker.
Powered by HUB International, a leading global insurance brokerage and financial services firm, VIU is rapidly innovating the personal insurance space with its embedded broker platform and omnichannel approach featuring a digital-first experience, supported by human interaction and trusted advice.
Latest Fintech News: Blockchain Intelligence Group Announces Growth Milestones
“Embedded insurance isn’t new but delivering it through a true broker that is digitally enabled is,” said Bryan Davis, EVP and Head of VIU by HUB. “As an independent broker, we offer our partners more than just the ability to help protect their clients. We deliver added value through choice and unbiased advice – offerings that can help set a business apart in a growing rental market and contribute to increased customer satisfaction and business growth.”
Currently, providing the opportunity to buy insurance as a value-add service at point of purchase is an untapped market in several industries. According to a survey from VIU, 82% of respondents in the realty and auto dealer industries do not currently offer this service. Of those, more than half agree that offering the opportunity to purchase insurance would increase company value and reinforce customer relationships.
Latest Fintech News: CryptoAI: A new Project Willing To Bring The AI Revolution At The Service Of Crypto
In addition to renters and condo insurance, VIU offers fast and seamless quoting alongside personalized coverage and advice for home, auto and life. The platform can be integrated seamlessly into the systems of partners involved in the consumer purchase journey, such as auto dealers, real estate agents, property managers and more, and is also available to consumers online.
With VIU, customers can engage with advisors online or by phone to shop for, compare, purchase and navigate policies while receiving unbiased advice. VIU also allows users to view multiple policies within the platform, regardless of carrier or source, providing a clear, single view of protection.
Latest Fintech News: Strike Expands “Send Globally” to the Philippines, Bringing Lightning-Fast Money Transfers from the US
[To share your insights with us, please write to sghosh@martechseries.com]
