Getting the Idea of Insurance to Take a More Universal and Tech-driven Stance

There might be a lot that human beings can do well, but when push comes down to shove; there is nothing we do better than growing on a consistent basis. This progressive approach, on our part, has already got us to hit upon some huge milestones, with technology emerging as quite a major member of the stated approach. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which guided us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown to become more and more evident in recent times, and assuming a new partnership shakes out just like we envision, it will only put that trend on a higher pedestal forward.

LuckyTruck, a leading insurance and financial services platform for SMB transportation companies, has officially partnered with Simply Business LLC to provide transportation customers with a comprehensive suite of insurance products. According to certain reports, the partnership will let customers in the Simply Business’ ecosystem access LuckyTruck’s insurance products, which by the way, will come from a panel of more than 10 transportation-focused markets. Next up, it will empower them to conceive an integrated digital payment experience, and in order to complement that experience, the partners will further facilitate the development of several premium financial options. Talk about aiding the customer, the agreed technological structure will also ensure that customers are able to view the information relevant to them whenever they want, while also enjoying the option of requesting endorsements. Another detail worth a mention here would be how the whole offering will help you in receiving your Certificates of Insurance rather seamlessly. Now, if there are any doubts about the execution aspect, then it must be noted that the solution will be built around a self-service model, thus allowing the customer to take charge and zero in upon the best course of action.

“We recognize that the trucking industry has unique risk management and insurance needs, often requiring a dedicated solution,” said David Summers, Group CEO at Simply Business. “Partnering with an expert like LuckyTruck enables us to match small business transportation customers with a full suite of products, online and efficiently.”

Founded in 2005, Simply Insurance has made a name for itself by building up from the ground an entirely new method through which small businesses can find suitable business insurance. The company’s excellence in offering customers tailored insurance coverage online can be validated through the fact that it currently serves over 900,000 customers across the globe, with the expanded offering now set to bring more of them in the near future.

As for LuckyTruck, it’s a company dedicated to relaying modern insurance and financial services platform to SMB transportation players. After making its debut in 2019, LuckyTruck’s mix of an extremely focused approach and a proven tech framework has reached a level where it will now effectively decide how big of a success the stated partnership turns out to be.

“Simply Business is the ideal partner for us,” said Aaron Ealy, Vice President of Strategy & Head of Partnerships at LuckyTruck. “Both of our organizations are centered around bringing simplicity, transparency, and speed to the commercial insurance space through technology. We were able to co-create a digitally-enabled customer journey together.”