Appulate and Orchid Insurance Partner to Grow Distribution
The partnership will benefit agents by receiving access to new affluent markets nationwide
Vero Beach, FL – February 10, 2020 – Orchid Underwriters Agency, LLC (“Orchid Insurance”), a leading specialty underwriter of catastrophe exposed property insurance, announced today that it will embark in a new partnership with Appulate, the leading application upload provider to the property and casualty sector. This new project will expose existing Appulate members to a wide variety of admitted High Net Worth carriers and products.
Appulate retail agents nationwide will have the opportunity to grow their High Net Worth books, by offering their affluent insureds access to the industry’s leading providers of admitted and non-admitted personal lines insurance such as Chubb Personal Risk Services, AIG Private Client Group, National General Premier, among others.
“We’re very excited to partner with Orchid; this new project will provide new opportunities for our agents. We have created a series of educational opportunities, either through ongoing communications or webinars, to train our agent base on how to capture and grow their business with high net worth insureds,” said Johnny Yarbrough, Appulate Digital Marketing Director.
“The number of affluent homeowners continues to increase from coast to coast. This group has complex insurance needs that are unique to their real estate, valuable articles, personal excess liability and other assets. Therefore, there has never been a better time for agents to be knowledgeable and well equipped with the right markets and products that can help them secure the business from affluent insureds,” said Kelly Tonsing, Director of High Net Worth at Orchid.
About Orchid
Founded in 1998 and based in Vero Beach, FL, Orchid (orchidinsurance.com) specializes in providing specialty insurance products for homeowners and small businesses throughout the United States and the Caribbean. The company’s variety of product offering provides customers with a single, comprehensive solution for both personal and commercial property insurance, including Wind and Wind-Only, General and Excess Flood, Earthquake, Builder’s Risk and others. Orchid aims to be agents’ First Choice by offering superior process, policy and pricing options, high-quality system technologies, expertise in the E&S market with coastally exposed risks, and extensive knowledge of coastal CAT-exposed market areas in the East and Gulf Coast states. Orchid only represents well-known A.M. Best A- or Better Rated carriers.
About Appulate
The digital revolution is here! Information has never been so easy to access and as a result of this, the way agents quote business with their carriers is rapidly changing. Long gone is the fax machine — replaced by mobility and algorithms. Today, agents (and the insureds they represent) demand instant results. If business can’t be conducted quickly and efficiently, customers will move on.
Appulate powers the digital transformation of insurance by bringing together the insured, agent, wholesale broker, MGA and carrier on a single “point of sale” platform designed to expedite the rate, quote and even bind process for property and casualty risks. Carriers and MGAs use Appulate to not only digitize their products and programs, but to expose them to more than 30,000 agencies using Appulate today. Appulate — “Where Agents, MGAs & Carriers Do Business Digitally!”™
To learn more about Appulate, visit us at www.Appulate.com
Media Contact
Tim deRosa
Orchid Insurance
Executive Vice President
978-548-3790
Appulate Contact:
Kassidi Koronkowski
30700 Russell Ranch Road, Suite 250
Westlake Village, CA 91362
(818) 717-7301
kkoronkowski@appulate.com
