Partnership enables small business owners and insurance agents access to a fast and easy online insurance buying experience.
MINNEAPOLIS, MINN., April 3, 2018 – Insurtech company TrustedChoice.com today announces it has partnered with wholesale insurance broker Risk Placement Services, Inc. (RPS) to expand the wholesaler’s cyber liability program reach with independent insurance agents and consumers through its digital marketing platform.
TrustedChoice.com develops digital solutions for the independent insurance channel. As the online destination for nearly 5.5 million insurance buyers in 2017, the TrustedChoice.com consumer website offers a retail-like insurance buying experience for consumers seeking coverage for both personal and business needs by connecting them to a trusted independent insurance advisor at the right buying moment.
TrustedChoice.com and RPS recognize that it is hard for consumers and brokers to navigate the insurance-buying process. To simplify things, RPS partnered with insurance carriers to make it easier for the owners of small businesses to cover their cyber exposures. Next, RPS built an online platform that offers TrustedChoice.com agents access to a 90-second rate, quote and bind process.
“Our participation on TrustedChoice.com is a natural extension of how we’re rethinking the insurance-buying experience by focusing on the consumer’s perspective and allowing them to more easily procure this very complex product,” said Ryan Collier, RPS chief digital officer. “We’re excited about the opportunity to amplify consumer awareness of our cyber liability solutions, while also generating awareness with retail agents and brokers about our fast, frictionless process.”
As an industry expert on cyber risk, RPS offers an ideal complement to the millions of insurance buyers looking online for small business insurance solutions. “For the over 20,000 independent agents who have an online digital profile on TrustedChoice.com, approximately 95 percent of their commercial book of business is small business,” said Ryan Hanley, TrustedChoice.com Chief Marketing Officer. “Leveraging our digital marketing technology with leading wholesalers like RPS enables us to support consumers’ insurance needs, giving them access to independent agents and carriers that are second to none.”
About RPS
Risk Placement Services, Inc. (RPS), a nationally focused wholesale insurance broker and the largest U.S. managing general agency, offers valuable solutions in wholesale brokerage, binding authority, programs and standard lines. Headquartered in Rolling Meadows, Illinois, the organization has more than 80 branch office and satellite locations.
About TrustedChoice.com
TrustedChoice.com builds technology solutions that enable independent insurance agencies and insurance companies to compete in a digital-first marketplace. The TrustedChoice.com insurance content attracts, educates and matches insurance consumers with participating independent insurance agents and insurance companies to drive relationships and revenue. As the industry’s leading digital referral platform for the independent agent channel, TrustedChoice.com created 10 million monthly brand impressions, attracted nearly 6 million website visits and connected 130,000 new business opportunities to participating independent agencies in 2017.
