MeasureOne Introduces Insurance Agent Solution, Empowering Agents to Provide Faster, More Accurate Quotes | News Direct

MeasureOne Introduces Insurance Agent Solution, Empowering Agents to Provide Faster, More Accurate Quotes The product launch will be led by the consumer-permissioned data platform’s newly appointed Head of Insurance, Matt Donovan

MeasureOne
News release by MeasureOne

facebook icon linkedin icon twitter icon pinterest icon email icon SAN FRANCISCO | August 31, 2022 09:00 AM Eastern Daylight Time

MeasureOne, the leading consumer-permissioned data platform, today announced the release of a new insurance agent solution, allowing agents to instantly capture their prospects’ declarations, deliver client’s quotes faster, and efficiently grow their book of business. The product expansion comes just a few months after MeasureOne announced its expansion into the $1.2 trillion insurance market.

Agents can use MeasureOne to request and receive the data they need from the insured in a consumer-permissioned workflow. Using this workflow, the insured is able to instantly and securely share their essential insurance information directly with the requesting agent in 3 easy steps:         

  1. First, the agent will invite a prospect to share their declarations via MeasureOne.

  2. Then, the insured will connect their online insurance account via MeasureOne’s platform, instantly sharing access to their data.

  3. The consented and verified insurance data is instantly delivered back to the requesting agent.

Using the shared data, the insurance agent can then find and pull competitive quotes to win the sale. MeasureOne covers over 95% of the insurance market and 100% of the largest carriers, providing unmatched data access.

Spearheading this expansion is MeasureOne’s new Head of Insurance, Matt Donovan, a veteran of insurance technology and co-founder of Talage, the API-driven submission management platform (SMP) for commercial insurance. Donovan will lead MeasureOne’s insurance efforts to scale beyond agent solutions to verification for employers with contract drivers like Uber, and even to accessing data for the underwriting purposes.

“The ability to access accurate data in a secure and timely manner is critical to the insurance industry,” Donovan explains. “With our new solution, insurance agents have access to the most up-to-date information available to provide their prospects with the best quotes possible. This offering is just the beginning of the type of innovation we plan to drive in the insurance industry with our consumer-permissioned data platform.”

The new agent solution demonstrates MeasureOne’s continued dedication to bringing the consumer into the process of sharing their data to unlock business innovation and better processes throughout the insurance sector and beyond. Insurance is a relationship-focused industry so improving the client experience goes a long way to improving success in insurance sales. Using MeasureOne’s consumer-permissioned data platform eliminates the back and forth manual process of data collection, replacing it with a few simple clicks.

In the last six months, MeasureOne has launched partnerships with BeSmartee, Einstein Higher Edu Solutions, GDSLink and TurnKey Lender to streamline the loan application process and expand access to credit for thousands of borrowers in the United States. The company also recently achieved the SOC 2 Type II certification reflecting MeasureOne’s continued commitment to safeguarding critical client and consumer data.

Donovan and MeasureOne will be attending InsureTech Connect from September 20-22, to connect with insurance agents and partners to discuss how MeasureOne can help them streamline their services and expand their businesses. For more information, please visit www.measureone.com.

About MeasureOne

Leading consumer-permissioned data platform, MeasureOne is transforming the way businesses can access and leverage consumer data for growth and innovation. MeasureOne provides unmatched coverage with a growing list of 8000+ data sources and multiple geographies across a range of data domains that include income, employment, education, insurance, and more. Its extensible platform makes MeasureOne infinitely scalable without compromising consumer privacy and control over personal online data. Data you want. Data you trust. Consumer Approved. For more information, visit www.measureone.com.

 

Contact Details

 

N6A for MeasureOne

 

Nick Eghtessad

 

+1 814-450-7478

 

measureone@n6a.com

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InsuranceConsumer-Permissioned DataUser-Permissioned DataInsurance AgentsConsumer DataDataInsurance SalesUnderwriting