Layr’s integration with Coterie expands small business policy access to small businesses.
Coterie, the technology company that simplifies small business insurance, is pleased to announce a partnership with Layr, an insurTech startup that uses artificial intelligence and machine learning to help small businesses customize commercial insurance bundles, to provide business insurance quotes and coverage to small businesses.
“We are honored to be working with Layr to further improve and simplify agency workflows, easing access to small business policy quotes for small business owners,” says Ray Lynch, VP of Growth at Coterie. “Our products are built for the small businesses of today and our 100% digital up-front underwriting will complement Layr’s carrier set well and also provide small businesses with options for new ventures.”
Layr has created an entirely new commercial insurance distribution model that allows businesses to quickly get the insurance for small business owners, completely online, from trusted insurance carriers, and without speaking to a human, all while paying for it monthly on a credit card.
“I am excited to partner with Coterie, bringing another modern approach to business insurance to our clients and partners,” said Phillip Naples, Co-Founder and CEO at Layr. “The 30 million small businesses in the US deserve enterprise-level access to insurance, and Layr + Coterie delivers that access in a way that the modern SMB owner prefers to do business.”
What is Layr?
Layr is an insurTech startup building better insurance using AI to recommend and match companies with the insurance policies and coverage they need and accurately predict carrier pricing. Business owners complete an application completely online and instantly see a tailored quote that is paid monthly on a credit card.
How does integrating with Layr benefit agents and brokers?
By adding Coterie to the Layr platform, small businesses can now quote and issue a small business policy directly from the Layr’s tech-enabled site.
About Layr:
Layr is an insurtech startup building better insurance. We use Artificial Intelligence (AI) to recommend and match companies with the insurance policies and coverage they need and accurately predict carrier pricing. Business owners complete an application completely online and instantly see a tailored quote that is paid monthly on a credit card. Layr was named to Atlanta Inno’s 20 Startups to Watch in 2020 list. Experience it firsthand at withlayr.com. Our growing partnership program delivers the best digital business insurance experience to your customers while your agency remains the agent of record. Learn more at partner.withlayr.com.
