Bindable is Leveraging Cover Join’s Information Consumption Platform
BOSTON, March 4, 2025 /PRNewswire-PRWeb/ — Bindable, the InsurTech chief for various distribution know-how and companies, in the present day introduced an integration with Cover Join, the main insurance coverage verification know-how supplier. Now customers searching for insurance coverage through Bindable-built marketplaces can entry and select to securely share their present insurance coverage coverage data, expediting the acquisition journey.
“Elevated insurance coverage premiums have prompted increasingly more customers to buy round for choices that higher match their budgetary wants, making comparability procuring by way of marketplaces more and more crucial to attracting consumers,” mentioned Rachel Presant, Bindable’s director of product administration and operations. “Together with Cover Join’s consumer-permissioned information sharing as a part of our platform’s quoting course of lets customers and brokers retrieve verified insurance coverage data straight from insurance coverage carriers in seconds, offering a quicker, extra correct expertise that creates a aggressive benefit for our community of companions.”
Overlaying 96% of the auto insurance coverage market and 91% of the householders insurance coverage market, Cover Join can retrieve greater than 250 information fields from greater than 300 P&C insurance coverage carriers by way of their API. This not only saves a consumer the hassle of having to dig up their existing insurance information when getting a quote, it also enables agents to seamlessly obtain verified coverages, premiums, limits, deductibles, and other essential details to provide better advice and allow for more meaningful interactions with clients.
“Embracing new technologies and growing ecosystem partnerships are essential to creating experiences that meet the needs of today’s consumers,” said Tolga Tezel, CEO and founder of Canopy Connect. “Bindable is one of the key industry players that understands this very well, making us proud to support them in implementing a solution that further prioritizes the needs of their customers, agents, and partners.”