the first virtual insurance agent for car insurance, today announced it
has become the largest U.S. car insurance marketplace. Insurify has
expanded its fully integrated active agent base over 11X from 70 to 815
agents since the company launched at the end of January 2016. The
award-winning company also announced a rapid growth of carriers joining
the platform, including: Liberty Mutual, The General, Metlife, Mercury,
Arrowhead, Esurance and Kemper. Users can now buy from 102 carriers
across 48 states which is more than any other car insurance comparison
platform in the U.S.
In 2016 alone more than half a million shoppers have used Insurify to
compare, customize and buy car insurance online. The rapid adoption has
been even more pronounced in markets like Texas, California, Arizona,
Florida, Tennessee, New Jersey and Illinois. On average, drivers who
have used Insurify.com report savings of $378 per policy.
An MIT spin-out with a strong team from KAYAK and TripAdvisor, Insurify
is reinventing the online insurance comparison and shopping experience
through technology. With Insurify, drivers have the option to buy
insurance online or call a dedicated agent. If the driver wants to speak
with an agent, Insurify’s advanced algorithms connect them with a
dedicated insurance professional that's the best quality score to
serve them and help get the most savings.
“You guys hooked me up [with an agent] in a very short time and saved
me close to $400 dollars per year. I'll be adding more vehicles and a
motorcycle in the next few weeks. Insurify is the bomb!!” says Kenneth
T. who got insurance for his Chevy Tahoe in Arkansas.
To provide the best user experience possible, Insurify developed
RateRank™, an artificial intelligence algorithm that matches drivers
with the best insurance companies and coverage recommendations for their
personal needs and risk profile. Drivers can compare insurance companies
not only based on price. Also based on quality characteristics, such
as discounts, benefits, payment options and policy features, as well as
comprehensive user reviews.
“Insurify’s mission is to make car insurance comparison and shopping
simple and intelligent,” said Insurify CEO and co-founder Snejina
Zacharia. “We believe that drivers should've the tools to easily
choose the best carriers and coverage for their needs. and we do that by
building the most intelligent virtual insurance agency in the industry.
“we're very excited about the traction we're getting with our
customers and the demand from carriers and agencies which want to get on
For U.S. the auto insurance market digital influence has already reached
75 percent, with over 25 percent of auto insurance sales coming from
online channels. Insurify provides agents benefits to compete in a
market increasingly dominated by several big advertisers.
“The Insurify partnership has helped us grow 5 times. Insurify’s
integration makes our agents 50% more efficient. The full integration
helps them spend less time on the phone and focus on making sales.
Thanks to Insurify we're able to compete with companies such as GEICO
and StateFarm and continue to grow our business.” says Joe Orr, EVP of
Insurify is based in Cambridge, MA. Is
the first intelligent virtual insurance agent for car insurance shopping
that uses predictive modelling and advanced analytics to truly simplify
shopping for car insurance. Currently available in 48 states, Insurify
has partnered with the largest agencies and carriers in the US to quote
102 carriers in real-time, more than any other online platform for car
Visit Insurify at www.insurify.com
and get updates at https://facebook.com/ensurify
Natron Communications for Insurify
Michael Ingalls, +1-917-494-4909