Helping the Insurance Landscape Achieve that Modern Day Convenience

Human beings have proven themselves to be good at many different things, and yet there isn’t a lot we do better than growing on a consistent basis. This tendency to improve under all circumstances has fetched us some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, centered upon its skill-set, which guided us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we dig a little deeper, 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 from every conceivable direction, but even after achieving such a monumental feat, technology will somehow continue to deliver the goods. The same has turned more and more evident in recent times, and assuming a new partnership ends up making the desired impact, it will only propel that trend to much greater heights moving forward.

Broker Buddha, the leading client digital engagement platform for insurance agencies, has officially announced a strategic partnership with Herald to help insurance companies in simplifying the core client experience and improving the way they collaborate with their carrier partners. But how does the whole operation work from a more actionable standpoint? Well, under the agreed terms, Broker Buddha’s client-friendly online Smart Forms will link-up with Herald’s fully carrier connectivity application programming interface (API) to deliver at businesses’ disposal an easy-to-use platform. This, in turn, should allow agents to access quotes and bind policies in a timely and convenient manner. Talk about some concrete figures, the combined iteration of Broker Buddha and Herald’s technology will let the former deliver an end-to-end experience for more than 60 insurance products ranging across 8 lines of business. This also includes seven Cyber products and six supported BOP products from both admitted and surplus lines markets.

“As a venture-backed, high-growth startup, we are fully committed to new product innovation,” says Jason Keck, Founder and CEO of Broker Buddha. “Our digital engagement platform streamlines your processes, eliminating the monotonous administrative work of insurance applications and renewals. Now, with Herald’s powerful connectivity infrastructure, we can empower agents to connect these streamlined processes to their top carrier partners and fully automate submission workflows for small and mid-sized accounts.”

If we sit down and unpack why Broker Buddha picked Herald in particular, the answer here will literally touch upon the company’s expansive pool of API-enabled insurance products before it covers anything else. You see, with Herald’s versatility in place, Broker Buddha will be able to seamlessly offer automatic quotes for over a whopping 400 classes of business.

“Partnering with innovative distributors like Broker Buddha is fundamental to Herald’s goal of supporting independent agents and the businesses they serve,” said Matthew Antoszyk, CEO at Herald. “We’re excited about how Broker Buddha’s industry-leading platform will enable their impressive portfolio of agency clients to digitize workflows with the carrier partners in our ecosystem.”