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Safeco honors Insuritas with ‘premier partner’ recognition

Ranked Among Top 10% of Independent Agencies Nationally for Organic Growth and Underwriting Results

EAST WINDSOR, CT (April 13, 2015) — Safeco Insurance recognizes Insuritas for their record breaking performance in 2014.

“Independent agencies operating inside banks and credit unions have emerged as one of the most powerful sales platforms for auto and home insurance sales in the nation. We are proud for being recognized as an independent agency platform that is leading the nation in driving record organic growth while generating superior underwriting results, said Gregg Skipper, Chief Operating Officer of Insuritas.” Skipper added; “Safeco has been a world class partner, supporting our omni-channel, digitally integrated, consumer centric sales and service platform so our independent agents can meet and exceed their customers’ expectations”.

Safeco has partnered with the Insuritas Independent Insurance Agency platform since 2009, and has emerged as one of the nation’s leading carriers for the Insuritas independent agents, who are passionately focused on providing customers of banks and credit unions with the best combination of price, convenience, selection and service for all of their insurance needs.

Jeffrey Chesky, CEO of Insuritas noted, “Safeco is leading the nation in engineering its product pricing and delivery systems to support the way consumers want to work with an independent agent. We have installed the full suite of Safeco’s products on our award winning platforms; the E-InsuranceAISLETM, and our LoanINSURE® technology platforms. With our independent agents working inside a bank and credit union operating environment, we help their customers with their insurance needs, we deliver a powerful source of recurring, value added, non-cyclical fee income to our bank and credit union partners, and we deliver outstanding organic growth and underwriting results to our carrier partners.”

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 5.1 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 Safeco Insurance

In business since 1923 and based in Boston, Massachusetts, Safeco Insurance sells personal automobile, homeowners and specialty products through a network of more than 10,000 independent insurance agencies throughout the United States. Safeco is a Liberty Mutual Insurance company. Boston-based Liberty Mutual Insurance is a diversified insurer and the third largest property and casualty insurer in the U.S. based on 2013 direct premiums written as reported by the National Association of Insurance Commissioners. Liberty Mutual Insurance also ranks 76th on the Fortune 100 list of largest U.S. corporations, based on 2013 revenue. For more information about Safeco Insurance, go to www.Safeco.com.


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