Hippo's First Connect Hits 70 Carrier and MGA Milestone with Addition of Delos, Jewelers Mutual Group and Homeowners of America
May 02 2023 - 9:00AM
Business Wire
The three additional carriers provide a variety
of coverage types and diversify independent agency home insurance
offerings
First Connect Insurance Services, a digital platform designed to
provide independent agents with access to the nation's top
carriers, announced today the addition of specialized insurance
products from Delos, Jewelers Mutual Group and Homeowners of
America. With these additional carriers, the platform now connects
independent agents to 70 leading insurance carriers and MGAs across
various categories, including personal lines, commercial lines, and
life insurance.
"Hitting the 70 carrier milestone is evidence of the critical
role independent agents play in carrier distribution strategies, as
well as the potential for First Connect," said First Connect
President Aviad Pinkovezky. "With access to forward-thinking,
insurance carriers like Delos, Jewelers Mutual and Homeowners of
America, our agent partners can better meet their clients' needs
and grow their businesses."
Delos' industry-leading model, based on proprietary data and
cutting-edge AI, allows the carrier to predict fire risk
accurately. Unparalleled expertise in wildfire behavior and climate
risk enables the company to offer policies in areas often abandoned
by other carriers and provide homeowners with personalized advice
for home hardening as their wildfire risk changes.
"We were attracted to the platform by speed and ease of
onboarding agents and how quickly we can get them quoting Delos,"
said Kevin Stein, Delos CEO and Co-founder. "First Connect allows
independent agents to provide fast quotes and near-instant binds,
providing new Delos customers with a superior purchase
experience."
Many homeowners think their jewelry is automatically covered by
their homeowner's insurance, only to find out later their policies
lack adequate jewelry coverage. Jewelers Mutual addresses that need
by providing comprehensive coverage against jewelry loss, theft,
damage and disappearance. The average annual cost is only 1-2% of
the jewelry replacement value, and if customers have a claim
Jewelers Mutual works directly with the jeweler of their choice to
replace or repair their lost or damaged jewelry with the same kind
and quality as the original.
"First Connect allows us to partner with some of the best
independent agents in the industry," said Mike Alexander, Chief
Operating Officer at Jewelers Mutual. "The platform provides a
strategic growth channel, allowing us to broaden our market reach
and give more customers the freedom to wear their jewelry
worry-free knowing it’s protected by the experts who’ve been
insuring jewelry for 110 years."
Homeowners of America offers a comprehensive policy and includes
information on their website about home maintenance, fire
prevention, and emergency preparedness that can assist customers in
avoiding costly repairs and keeping loved ones safe. When the
unexpected does happen, Homeowners of America's experienced claims
team is available twenty-four hours a day, seven days a week, to
handle every claim fairly and professionally no matter what type of
loss.
"First Connect is dedicated to independent agent success," said
Homeowners of America National Sales Manager Scott Garfield. "The
innovative platform is a key distribution channel for Homeowners of
America, helping us reach more customers and fueling premium
growth."
To learn more about how First Connect provides independent
agencies with access to the leading carriers or to sign up, visit
firstconnectinsurance.com.
About Hippo
Hippo is protecting the joy of homeownership, helping to
safeguard customers' most important financial asset by harnessing
the power of real-time data, smart home technology, and a growing
suite of home services to deliver proactive home protection. Hippo
Holdings Inc.'s (NYSE: HIPO) operating subsidiaries include Hippo
Insurance Services, Hippo Home Care, First Connect Insurance
Services, Spinnaker Insurance Company, Spinnaker Specialty
Insurance Company, and Mainsail Insurance Company. First Connect
Insurance Services is a licensed property casualty insurance agent
with products underwritten by various insurance companies. For more
information, including licensing details, visit
http://www.hippo.com.
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Mark Olson press@hippo.com
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