Press

Greater Nevada Credit Union, $550m in assets, hires Insuritas to launch insurance agency

Agency to Launch within 30 Days

EAST WINDSOR, CT (July 14, 2015) — Insuritas announced it has been hired by Greater Nevada Credit Union to install their award-winning insurance agency solution for its 49,000 members.

Wally Murray, President /CEO of Greater Nevada said: “Our members look to us to provide the financial solutions they need for the many stages of their lives. That includes insurance coverage to protect their homes and automobiles, loved ones, and even small businesses. Greater Nevada is well positioned to be their trusted Agent for those products. The Insuritas digital agency platform will also enable us to provide automatic insurance quotes, so that members have the information they need to make the best decisions.”

Jeff Chesky, President and CEO of Insuritas, noted: “Greater Nevada’s leadership wanted to upgrade their current 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 Greater Nevada 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 Greater Nevada Credit Union

Greater Nevada is headquartered in Carson City and has been helping Nevadans with their financial needs since 1949. The credit union serves 49,000 consumers and small businesses, and has more than $550 million in assets. Greater Nevada has also been consistently recognized as both Best Financial Institution in many of its service areas and as a top employer by the Reno/Tahoe Best Places to Work Awards. For more information, visit gncu.org.


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