Through this partnership, thousands of agents and brokers can offer disability insurance online through Breeze’s turnkey platform.
OMAHA, Neb., August 30, 2022 /PRNewswire/ — Brokenthe insurtech making it easier to buy and sell disability insurance, today announced a new partnership with a leading insurance wholesaler Appalachian Underwriters, Inc. (UIA).
Licensed health agents and brokers in partnership with AUI can now use Breeze’s turnkey disability insurance platform to rapidly increase income protection sales. Breeze’s proprietary technology makes it possible to offer disability insurance in seconds and submit customer claims in minutes – completely online.
Breeze also handles case management, making this new partnership a low-constraint, high-growth opportunity for AUI grant agents.
“Whether you’re focused on selling home, auto, health or life insurance, income protection is a natural next conversation for agents and advisors. look forward to supporting their agents,” said Colin NabityCEO and co-founder of Breeze.
AUI has an impressive network of around 30,000 insurance agencies comprising around 70,000 agents. It was recently ranked the fifth largest MGA in the country by Business Insurance.
“We are extremely excited to partner with Breeze to continue our mission of supporting our agents and agency partners with various new product solutions and tools that increase efficiency,” said William Chambers, Director of Digital Partnerships at Appalachian Underwriters. “After seeing great success with our recent entry into the life insurance space, the partnership with Breeze is perfect to represent AUI’s first journey into the healthcare market.”
With AUI already having strong damage and workers’ compensation business lines, disability insurance through Breeze should fit well into the wholesaler’s newly launched health business. Small business owners and employees could find financial peace of mind in disability insurance that protects their income against injuries and illnesses that occur And off work.
Breeze currently offers two long-term disability insurance products, short-term disability insurance and critical illness insurance. AUI’s licensed health agents and brokers can offer any of these products to their clients seamlessly and almost effortlessly through Breeze’s simple online platform that uses predictive analytics to accelerate underwriting.
Although the average employee is 3.5 times more likely to need disability insurance than life insurance over the course of their career, 14% of consumers have disability insurance due to an overly complex application process that has alienated buyers and sellers.
Breeze has simplified disability insurance and is now uniquely positioned to be the leader in an untapped market. Partnering with Appalachian Underwriters is an important step in making disability insurance accessible to a range of workers.
Broken is an online insurance broker that makes it easy to buy and sell disability and critical illness insurance. Leveraging industry expertise and innovative technology, our team is building a better way to deliver income protection insurance for life’s most financially vulnerable times – like cancer, depression and serious accidents. The policies offered by Breeze replace part of a policyholder’s regular income and can be used to pay large medical bills, mortgage payments, groceries, and more. Breeze currently offers long-term disability insurance, short-term disability insurance, and critical illness insurance.
About Appalachian Underwriters
Appalachian Underwriters, Inc. (AUI) is a full-service AMG and wholesale insurance brokerage, providing independent agents with a nationwide outlet in several specialty markets for workers’ compensation, commercial, life and personal insurance. Appalachian Underwriters is wholly owned by Acrisure, LLC. To learn more, please visit www.appund.com.