The companies have a shared goal of expanding access to small business insurance and quickly insuring entrepreneurs and business owners, achieved through strategic partnerships.
Solopreneurs, entrepreneurs, freelancers and small business owners can now get Coterie’s general liability insurance, business owners policy and professional liability policies when Gild Insurance’s algorithmic end-to-end risk assessment analysis finds a Coterie policy to be the best fit. Gild clients are led through the risk assessment by Gildber, the artificial digital assistant dog bot with a human touch, to help them find the small business insurance that best fits their needs. Gildber asks what an agent would, and more, to help companies find tailored solutions.
“We are proud of the extensive knowledge we have of the insurance market and look for partners who are best-in-class national providers with specialized products,” said Mary Duggan Hoeprich, founder and CEO of Gild Insurance. “Coterie’s digital solutions, available 24/7, focus on speed and ease of use while offering quality insurance coverage, which is just what our customers are looking for.”
The way business owners find insurance has drastically shifted with the emergence and growth of insurtech. In the old model of insurance shopping, the process could take weeks before the insurance was effective. With the new technology implemented by Coterie Insurance and Gild, the process can now be done in just minutes, without losing any personalization.
“Gild Insurance shares a passion for simplifying small business with Coterie, and we’re thrilled to combine forces,” said Christina Lehman, Director of Digital Experience at Coterie Insurance. “Together, we’re serving the often-overlooked small business segment by providing fast and easy small business insurance solutions.”
Gild Insurance is moving consumers beyond simplistic online price shopping to offer a personalized experience but on the business owner’s terms. Gild Insurance is not a marketplace, but a truly digital independent insurance agency composed of qualified insurance professionals who know the industry.
