Coterie Teams Up with IBQ Systems to Simplify Small Business Insurance

Simplify small business insurance

IBQ integrates with Coterie to improve agency workflows and simplify small business insurance while expanding opportunities for independent agents with Coterie’s expansive appetite and simplified application. 

Coterie, the technology company that simplifies small business insurance, is pleased to announce a partnership with IBQ, an insurance technology leader in personal and commercial lines comparative rating.

The Coterie and IBQ partnership combine Coterie’s tech-based approach to simplify insurance offerings with IBQ’s cutting-edge technology which enhances the quoting process, simplifying the process for independent insurance agencies.

“With IBQ, Coterie can reach more agents seeking to benefit from technology to modernize the commercial insurance process,” says Ray Lynch, Director of Director of Digital Agency & Broker Distribution. “Our 100% digital upfront underwriting will seamlessly complement IBQ’s digital tools to provide agencies with the easiest small business insurance process around.”

“We are very excited to be offering the Coterie Businessowners and General Liability products on the IBQ comparative rating platform,” says Bruce Hopkins, IBQ Systems Co-Founder. “The Independent agent will appreciate how streamlined Coterie’s quote, bind and issue process is through IBQ’s rating platform. Coterie rates will also be available on the agents direct to consumer channel, which is included with their current IBQ subscription.” 

What is IBQ?

Founded in 1997, IBQ Systems is an insurance technology leader in personal and commercial lines comparative rating. IBQ Systems technology helps leverage the power of the independent broker with a fully integrated online rater. Now offering the third generation of its state-of-the-art software platform, IBQ systems allows independent agents to offer accurate, efficient, real-time quotes to consumers.

How integrating IBQ with Coterie benefits independent agents

Coterie’s simple and easy-to-use APIs integrate with leading insurance platforms to simplify small business insurance. Integrating Coterie’s APIs with IBQ’s quoting process supports independent agencies through:

  • Totally digital upfront underwriting (via Coterie) to complement IBQ carrier set
  • Data delivers instant, simple, and bindable quotes
  • Simplified application allows agents to extend quoting digitally to their customers
  • New innovations and features developed and rolled out by both Coterie and IBQ

With both Coterie’s tech-based approach to insurance offerings, and IBQ’s efficient single-entry quoting process, quote time is further reduced for independent agents, allowing policies to be issued for General Liability Insurance or Business Owners Policies faster than ever. 

Together, the Coterie and IBQ partnership improve the ability of independent agencies to deliver quick and exceptional customer service, policy service, and 24/7 digital presence.

What next?

Independent agencies looking to improve, streamline, and enhance their quoting and binding process can take advantage of the partnership between Coterie and IBQ by contacting us today!

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