{"id":396307,"date":"2020-12-09T08:18:20","date_gmt":"2020-12-09T13:18:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396307"},"modified":"2020-12-09T08:18:20","modified_gmt":"2020-12-09T13:18:20","slug":"embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/","title":{"rendered":"Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access"},"content":{"rendered":"<h2>\nEmbroker Access allows partner agencies to offer Embroker\u2019s instant quotes and 25% savings to their customers, including the newly expanded instant management liability package that covers all private companies<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>SAN FRANCISCO, CA, Dec.  09, 2020  (GLOBE NEWSWIRE) &#8212; Embroker, the insurtech transforming specialty insurance, today launched Embroker Access, a new online service that allows retail and wholesale brokers to offer Embroker\u2019s best-in-class digital insurance products. The company also announced that its instant management liability package, previously only offered to technology companies, is now available to all private businesses. This new service and expanded product set cap off a year of continued innovation and record growth as Embroker works to remake the business insurance industry.<\/p>\n<p>\u201cWe\u2019ve always known brokers are a key relationship for many business owners, and we\u2019re thrilled to be opening up our platform and giving leading brokers and wholesalers an edge with access to quote and bind Embroker\u2019s best-in-class digital products in minutes,\u201d says Matt Miller, Founder &amp; CEO of Embroker. \u201cEvery business should have access to market-leading coverage at the best price, and with Embroker Access they can, whether they work with a traditional broker or prefer to go direct.\u201d\u00a0<\/p>\n<p>In a limited three month private beta of Embroker Access, Embroker\u2019s partner agencies sold more than $2M of premium. Through Embroker Access, brokers are able to offer all of Embroker\u2019s award-winning digital insurance products to their customer base, allowing them to benefit from market-leading coverage, instant quotes, and average premium savings of more than 25%. With the integrated management portal, brokers can maintain an overview of all their clients and their coverages, easily track, renew, or change their policies, and manage payments digitally.<\/p>\n<p>\u201cEmbroker\u2019s products are market-leading, their team provides fast and knowledgeable feedback and the ease of use with their platform has led to a much more efficient quote, bind and policy issuance process for our team,\u201d said Javier Gonzalez, Principal\/Executive VP of Sales PL Risk Advisors, Inc.\u00a0<\/p>\n<p>Embroker also announced today that its market-leading management liability package, which includes Directors &amp; Officers coverage and Employment Practices Liability insurance, is now available to any private company in the U.S. Businesses fill out one short application, instantly receive two quotes, and can purchase the package in under ten minutes.<\/p>\n<p>\u201c2020 has been a transformative year for Embroker, as the game-changing advantages of fully digital insurance have become increasingly clear to both customers and brokers\u201d says Matt Miller, \u201cSince January, we have more than tripled the number of new customers we are adding each month, and all signs point to further acceleration in 2021.\u201d<\/p>\n<p>Embroker offers seven proprietary end-to-end digital specialty insurance products, more than any other insurtech, including directors and officers, employment practices liability, professional liability for lawyers, and errors &amp; omissions and cyber coverage for technology companies. All of the products are instantly underwritten by Embroker\u2019s intelligent insurance platform and are fully backed by A+ rated reinsurers including Munich Re and Everest Re.<\/p>\n<p>For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9bZ_2r0tsRZe9yZf1pi8svF5QC9LvmxQFpkeBhVZI0scH7RIETGt2XteSsTycIcDcsR6nLZmNunYpsf2ri3l_g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.embroker.com<\/a> and brokers interested in learning more about Embroker Access can contact <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Gf3LDdWg_BHjlgzkGyqwHCfVNt7M5Cz60G8Z76tn_Z5LXIW0IXdg4VYlZp7J4fYdIAtMw0jnEVNt4byT3DjzDZcR3QwygLTWfNU9dHFTnVU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">brokers@embroker.com<\/a>.<\/p>\n<p \/>\n<p>\n        <strong>About Embroker<\/strong>\n      <\/p>\n<p>Embroker is transforming specialty commercial insurance by making it radically easier for businesses to get the right insurance at the best price. Focusing on industry-specific coverage for the most complex and inefficient lines of insurance, such as Directors and Officers, Employment Practices Liability, Cyber, and Professional Liability, Embroker uses smart technology powered by machine learning to fully automate underwriting and make the buying process simple, fast, and more affordable. Through Embroker Access, Embroker provides partner agencies and wholesalers the capability to offer all of Embroker\u2019s industry leading specialty insurance products to their customers. Founded in 2015, Embroker is headquartered in San Francisco and has raised more than $50M in funding from leading Fintech and Insurtech investors.\u00a0\u00a0<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTA5NCMzODYyODgxIzIyMDU2MjA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e6d0266a-ba90-4874-bc16-e5ed2897a46e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Andrea Silvers\r\nEmbroker\r\n310-529-3654\r\nandrea.silvers@embroker.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Embroker Access allows partner agencies to offer Embroker\u2019s instant quotes and 25% savings to their customers, including the newly expanded instant management liability package that covers all private companies SAN FRANCISCO, CA, Dec. 09, 2020 (GLOBE NEWSWIRE) &#8212; Embroker, the insurtech transforming specialty insurance, today launched Embroker Access, a new online service that allows retail and wholesale brokers to offer Embroker\u2019s best-in-class digital insurance products. The company also announced that its instant management liability package, previously only offered to technology companies, is now available to all private businesses. This new service and expanded product set cap off a year of continued innovation and record growth as Embroker works to remake the business insurance industry. \u201cWe\u2019ve always known brokers are a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-396307","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Embroker Access allows partner agencies to offer Embroker\u2019s instant quotes and 25% savings to their customers, including the newly expanded instant management liability package that covers all private companies SAN FRANCISCO, CA, Dec. 09, 2020 (GLOBE NEWSWIRE) &#8212; Embroker, the insurtech transforming specialty insurance, today launched Embroker Access, a new online service that allows retail and wholesale brokers to offer Embroker\u2019s best-in-class digital insurance products. The company also announced that its instant management liability package, previously only offered to technology companies, is now available to all private businesses. This new service and expanded product set cap off a year of continued innovation and record growth as Embroker works to remake the business insurance industry. \u201cWe\u2019ve always known brokers are a &hellip; Continue reading &quot;Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-09T13:18:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTA5NCMzODYyODgxIzIyMDU2MjA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access\",\"datePublished\":\"2020-12-09T13:18:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\\\/\"},\"wordCount\":649,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5OTA5NCMzODYyODgxIzIyMDU2MjA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\\\/\",\"name\":\"Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access - 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The company also announced that its instant management liability package, previously only offered to technology companies, is now available to all private businesses. This new service and expanded product set cap off a year of continued innovation and record growth as Embroker works to remake the business insurance industry. \u201cWe\u2019ve always known brokers are a &hellip; Continue reading \"Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-09T13:18:20+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTA5NCMzODYyODgxIzIyMDU2MjA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access","datePublished":"2020-12-09T13:18:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/"},"wordCount":649,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTA5NCMzODYyODgxIzIyMDU2MjA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/embroker-further-accelerates-the-digital-transformation-of-specialty-commercial-insurance-with-the-launch-of-new-platform-embroker-access\/","name":"Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access - 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