CINCINNATI – May 11, 2023 – Coterie Insurance, a partnership-focused MGA simplifying small business insurance, is the newest company to join the Big “I” Agents Council for Technology (ACT). The partnership aims to leverage Coterie’s expertise while providing a platform through ACT work groups where Coterie team members can gain key insights.
“The independent agency channel dominates the commercial property-casualty line with 88% of all commercial lines written premium in the U.S., according to the Big ‘I’ 2022 Market Share Report,” said Chris Cline, ACT executive director. “As ACT continues to lead the conversation to help agencies leverage technology to enable their unique strategies, we’re proud to welcome Coterie Insurance as a partner focused on helping independent agencies innovate in commercial lines, ensuring our channel’s excellent market share.”
Coterie Insurance uses automated underwriting to provide instant quotes for partners as well as agents and brokers to better serve their small business clients. The completely digital process is powered by data to streamline the process from beginning to end, starting with asking for just two pieces of information for a bindable quote. Coterie Insurance’s product lineup includes general liability, business owners’ policies, and professional liability.
“We’ve seen first-hand the impact that simplifying the insurance experience has on agents across the country, from saving time to reducing stress,” said Bobbie Collies, chief growth officer at Coterie Insurance. “We’re passionate about moving beyond legacy processes to unleash agents and their small business clients to reach their full potential, and we’re excited to partner with ACT as we trailblaze industry solutions.”
Learn more about Coterie Insurance.
The Agents Council for Technology (ACT) was established in January 1999 by the Independent Insurance Agents & Brokers of America (the Big “I”) to provide a candid, action-oriented forum to address the critical workflow and technology issues facing the independent agency system. ACT helps participants understand the perspectives of the other stakeholders in the process and provides excellent networking opportunities with the participants who are shaping the future for the industry on these issues.
