Information Highlights
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One of many highest income appetites in {industry} for on-line submissions, boasting double digit income restrict of as much as $25M
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Proprietary API optimized for end-user compatibility, making deployments and administration seamless and simple to do
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Automated quoting functionality generates bindable quotes in below two-minutes, with aggressive protection and pricing making MPL by At-Bay a profitable income choice for distribution companions
SAN FRANCISCO–(BUSINESS WIRE)–
At-Bay, the main insurance coverage supplier for the digital age, right now introduced that its Miscellaneous Skilled Legal responsibility (MPL) insurance coverage product will now be out there through API to wholesale brokers, multi-carrier platform suppliers, and different distribution companions who service the insurance coverage and small-to-medium sized enterprise group.
Accessible to all present and new distribution companions, the MPL API boasts the identical signature know-how that permits for a seamless integration throughout a number of companion environments. Upon deployment, brokers can get bindable quotes in below two minutes for greater than 50 enterprise courses when making use of for a coverage with limits of as much as $2 million. For patrons who want as much as $5 million in limits, brokers ought to count on to listen to from an underwriter inside 48 hours.
“Our strategy to MPL has been to take what’s traditionally been a posh danger for the {industry} to cost for and canopy, and switch it into an insurance coverage product that has industrial scalability and a world-class consumer expertise that brokers, insureds, and channel companions can profit from equally,” says At-Bay’s Head of Partnerships, Kristie Felton. “With greater than fifty of probably the most in-demand enterprise industries lined by our present line, our income restrict can be probably the most aggressive within the {industry}. Now that now we have an API in place, including new courses is our subsequent precedence.”
API Characteristic Benefits for Platform Managers
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Proprietary REST API is modular in design, making it quick to deploy and simple to keep up.
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Affords a number of endpoints and insurance coverage choices for versatile deployment.
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Seamless integration to construct workflows and choose market limits.
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Modular workflow to help quoting, requoting, binding, producing paperwork, and issuing insurance policies.
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Supplies a high quality end-to-end consumer journey, permitting companions and clients to cite, bind, and have the coverage issued all around the API.
At-Bay MPL Product Benefits for Partnership Managers
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Insurance policies out there to companies with income of as much as $25 million – which is without doubt one of the highest income limits within the {industry}.
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Greater than 50 numerous enterprise courses are presently lined, together with many which can be traditionally thought of advanced, corresponding to promoting, property administration, and actual property.
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Automated quoting functionality improves the turnaround time on quotes significantly – for quotes below $2 million in limits, customers can fill in At-Bay’s software and get a bindable quote in lower than two minutes. Insurance policies requiring as much as $5 million in limits will undergo a further evaluation by our underwriting workforce.
For extra data on MPL from At-Bay, and to contact our Partnerships Staff, go right here or electronic mail us right here.
About At-Bay
At-Bay is the insurance coverage supplier for the digital age. By combining world-class know-how with industry-leading insurance coverage experience, At-Bay was designed from the bottom as much as empower companies to thrive within the digital world. At-Bay is backed by Acrew Capital, Glilot Capital, the HSB fund of Munich Re Ventures, Icon Ventures, ION Crossover Companions, Khosla Ventures, Lightspeed Enterprise Companions, M12, entrepreneur Shlomo Kramer, and Qumra Capital. www.at-bay.com
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Jackie Grey, Company Communications
At-Bay
[email protected]
Supply: At-Bay
