Press

Agency to launch in 90 days

EAST WINDSOR, CT (July 21, 2015) — Insuritas announced it has been hired by Denver Community Credit Union to install their award-winning insurance agency solution for it’s over 25,000 members.

Carla Hedrick, President /CEO of Denver Community noted: “Our members look to us to provide all the financial products and services they need in a one stop shopping solution that focuses on price, convenience, selection and service. We recognize that 100% of our members buy auto & home insurance every year – and we are perfectly positioned to be their trusted Agent. Insuritas will build, launch and manage our full service insurance agency and will offer all lines of insurance products to protect our members, their families and small businesses. The Insuritas digital agency platform will allow our members to instantly get insurance quotes every time they get a loan, get their insurance policy bill in the mail, or are visiting our online banking storefront.” Hedrick concluded, “This commitment to insurance supports our core mission; Making a difference in members’ lives by providing financial opportunity.”

Jeff Chesky, President and CEO of Insuritas, noted: “Denver Community’s leadership wanted to create an insurance solution, looking to provide a full suite of insurance products where members can come to shop, compare and buy insurance as a natural extension of their promise to serve their member and leverages the powerful brand equity and trusted relationships Denver Community has created in their market. Chesky added “We will install our award winning E-InsuranceAISLETM, LoanINSURE® and SmartCART TechnologySM platforms, creating a virtual ‘Insurance Aisle’ inside the Credit Union that will provide a powerful source of recurring, value added, non-cyclical fee income while helping more members save time and money on insurance.”

About Insuritas

Insuritas pioneered the deployment of virtual “private labeled” insurance agencies that are integrated into bank and credit union operating environments – currently connected to over 4.0 million consumers and small businesses. The Insuritas solution, which is now installed in over 100 financial institutions, includes four core technology platforms that transform the shopping experience for millions of consumers for the insurance products they purchase and repurchase every year. Insuritas enables financial institutions to own an insurance agency solution without the significant capital investments required to build or buy an agency, or the inherent operational risks attendant to either of those approaches. Through a cost- effective outsourcing solution, financial institutions leverage Insuritas’ proven, end-to-end insurance agency solution. Click www.insuritas.com for additional information.

About Denver Community Credit Union

Denver Community Credit Union, founded in 1934, serves over 25,000 members in Denver, Adams and Arapahoe Counties Colorado. Denver Community has over $275 million in assets. Additional information is available at www.denvercommunity.coop