Shore Underwriting Joins Quotey Marketplace with Management Liability Product
Whitby, ON (Aug. 20, 2024) – Quotey is delighted to announce that it has expanded its commercial and specialty insurer marketplace to include Shore Underwriting’s Management Liability product.
Effective today, brokers using the Quotey platform can receive instant quotes for Directors and Officers (D&O) and Employment Practices Liability (EPL) for Canadian private companies and non-profits with up to $250M in revenues or 250 employees. Shore’s product covers over 1,000 industry classes and offers up to $5M limits for D&O and EPL and $1M for crime.
“We’re excited to welcome Shore Underwriting to our marketplace and to offer their innovative Management Liability product to our broker partners,” said Quotey CEO and Co-Founder, Nick Kidd. “Shore has a wealth of experience and expertise in this niche area of insurance and has developed a product that is easy to quote, flexible and competitive.”
“Quotey is a trailblazer in the digital space in Canada, and Shore Underwriting is thrilled to collaborate with Quotey to add our products to their platform.” says Shore CEO, Michael Shore. “We believe that digital and online strategies are the way of the future and Quotey is the ideal partner based on our aligned visions for underwriting innovation in the Canadian marketplace!”
Management Liability is the first Shore product that will be available through Quotey. Additional professional liability products, such as Miscellaneous Professional Liability and Architects & Engineers, are due to launch by Fall.
Quotey stands as Canada’s pioneering multi-insurer platform for commercial lines quoting and policy comparison, designed exclusively for brokers. Currently operational across all provinces with the exception of Quebec—where its debut is anticipated shortly—Quotey offers an affordable subscription at just $10 monthly per user. The platform streamlines the process for brokers, enabling them to submit a single digital application for more than 1,000 business classes and receive immediate, comparable quotes from an expanding roster of insurers, including Shore Underwriting.
About Shore Underwriting
Founded in 2019, Shore Underwriting is a specialty insurance provider, focused on professional liability and management products for Canadian businesses. Shore Underwriting works hard to understand the needs of clients to ensure its brokers receive a consistently outstanding service that is both tailored to Insured’s requirements and superior in its delivery. For more information, visit www.shoreuw.com.
About Quotey
Founded in 2020, Quotey Inc. is a privately held Canadian technology company based in Whitby, Ontario, established to serve the commercial insurance industry. It works with multiple brokerages and carriers to create a simpler, more efficient and ultimately better process for securing commercial insurance coverage for clients. For more information, visit quotey.io.
SOURCE: Quotey
Tags: InsurTech, InsurTech Spotlight, liability, Quotey