Press

HARTFORD, CT (June 9, 2015) — Insuritas Founder and CEO Jeffrey C. Chesky will speak at the National Association of Mutual Insurance Carriers (NAMIC) CEO & Management Conference in Coeur d’Alene, Idaho on June 23 from 9:35 – 10:50 am.

The Presentation; ‘THE IMPACT OF GOOGLE, OVERSTOCK.COM AND WALMART on the INDUSTRY’ will focus on a new generation of insurance agency platforms that are reengineering consumers’ experience with insurance agents and carriers. Chesky is recognized as one of the nation’s leading thought leaders on reengineering insurance distribution in America. Chesky noted, “NAMIC member carriers insure 48% of cars and homes in America. As the industry enters a period of violent change, Mutual Carriers are uniquely positioned to pivot quickly to the new distribution platforms consumers are calling for.” Chesky continued, “Unlike direct writers, Mutual Carriers can respond to the expectation of consumers to be able to shop, compare and buy the insurance they need in a single, digital storefront supported by independent licensed agents.” Chesky concluded; “The opportunity to speak at the NAMIC conference will provide a unique platform to outline the last 10 years of missed opportunities for reengineering insurance distribution in the model of Amazon, Priceline or Overstock.com. Finally, one of the last major industry verticals, insurance, is being disintermediated by a new platform of agents and carriers that provides a frictionless, consumer centric, digitally based yet agent supported ecosystem for all things insurance.”

About Insuritas

Insuritas has pioneered the deployment of virtual ‘private labeled’ insurance agencies that are integrated into bank and credit union operating environments, with over 100 financial institutions installed, connecting to over 5.2 million consumers and small businesses nationwide. Insuritas enables financial institutions and etailers to own an insurance agency without the significant capital investment 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. Additional information is available at www.insuritas.com.