Cowbell, the supplier of cyber insurance coverage for small and medium-sized enterprises (SMEs), introduced a partnership with Millennial Shift Applied sciences, a customized branded e-trading platform suite.
The partnership will ship Cowbell’s cyber insurance coverage packages, Cowbell Prime 100 and 250, on Millennial Shift’s e-trading dealer platform, mFactor.
Now, greater than ever, brokers are “on the lookout for methods to finish enterprise transactions on-line.”
In line with Deloitte’s ‘2022 Insurance coverage Business Outlook’ report, on-line platforms corresponding to mFactor are “important for reaching most digital transformation targets as they function a key enabler of workforce expertise and operational flexibility.”
This integration “empowers insurance coverage brokers to immediately ship bindable cyber insurance coverage quotes to purchasers, providing purchasers best-in-class merchandise by way of digital API connectivity and an aggregated e-trading platform.”
Mark Meury, CEO of Millennial Shift Applied sciences, mentioned:
“Our mission is to empower brokers by permitting them to be extra environment friendly in right now’s busy market by way of our personalised buyer engagement e-trading suite wherever and anytime. We’re excited to accomplice with Cowbell and advance that mission by providing their digital cyber insurance coverage merchandise on-line to our dealer companions to allow them to proceed to work with their trusted underwriters and stay the dealer of file.”
Erin Dyer Blain, Sr. Director, Digital and Affinity Partnerships at Cowbell, mentioned:
“By means of our partnership with Millennial Shift Applied sciences, we’re in a position to supply cutting-edge cybersecurity options that meet the distinctive wants of companies within the digital age. We’re dedicated to offering brokers the companies to raised help their operations within the ever-evolving menace panorama.”
The brand new resolution companies companies “with as much as $250 million in income with the C owbell Prime 250 cyber insurance coverage product, which bundles threat administration assets with each coverage, permitting policyholders to constantly enhance their cyber threat profile.”
As famous within the replace. Millennial Shift Applied sciences claims it’s “a number one customized branded e-trading platform suite designed to empower brokers to cite, bind and difficulty insurance policies inside minutes by way of a number of distribution channels whereas sustaining the dealer underwriter relationship.”
Based in 2019, Millennial Shift Applied sciences is “based mostly in Phoenix Arizona with workers throughout america.”
