Press
Insuritas receives NAFCU 2015 Innovation Award
EAST WINDSOR, CT (June 26, 2015) — Insuritas was honored with the 2015 NAFCU Services Innovation Award at the NAFCU National Conference in Montreal, Canada. The Innovation Awards is the credit union industry’s most recognized award competition for groundbreaking solutions. The annual competition highlights outstanding innovations that help credit unions thrive in an increasingly saturated financial services market. Insuritas was selected for the introduction of our EasySTREET technology to the market.
EasySTREET is the first technology solution of its kind. It takes data from a credit union’s core, its loan origination system, any credit union CRM or CIF platforms, and supplemental data generated by Insuritas. It compiles a master auto or home insurance policy application on behalf of the member without ever bothering the member with questions. The technology then automatically solicits bids for auto and home insurance coverages from multiple insurance carriers in under 2 minutes. These prices are then compiled in a personalized email that is sent to the member. The member sees up to four bids from A-rated carriers, ranked by cost. For the first time, the credit union can actually do the insurance shopping for the member without ever bothering the member.
“Insuritas has set a high standard for innovation in the credit union industry,” said Randy Salser, president of NAFCU Services. “This Innovation Award, voted on by an expert panel of credit union executives and leading industry journalists, is a testament to the continued skill, ingenuity, and vision behind their great products and services.”
Jeff Chesky, President and CEO of Insuritas stated “NAFCU provides the nation’s leading platform for cutting edge solutions to power Credit Union success. All of us at Insuritas are proud to be recognized for our EasySTREET technology solution, and its ability to provide automatic insurance quotes to members’ instantly via email.”
Insuritas was honored at the VIP Reception at the NAFCU’s Annual Conference and Solutions Expo. For more information on the Innovation Awards, visit www.nafcu.org/innovationawards.
About Insuritas
Insuritas pioneered the deployment of virtual “private labeled” insurance agencies that are integrated into financial institution 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. Click www.insuritas.com for additional information.
About the NAFCU Services Innovation Awards
The NAFCU Services Innovation Awards is the credit union industry’s most recognized awards competition for credit union solutions. For 40 years, NAFCU Services has been dedicated to finding, vetting, and promoting the credit union industry’s very best solutions. For more information about NAFCU Services Corporation, visit www.nafcu.org/nafcuservices.