PriyaPatel
TLDR:
- Root and Goosehead have partnered to enhance insurance selling process for agents
- The integration between Root’s insurance quoting capabilities and Goosehead’s platform reduces policy selling time by over half
Root, Inc. and Goosehead Insurance, Inc. recently announced a technology integration that aims to improve the insurance selling process for agents. The partnership connects Root’s insurance quoting capabilities with Goosehead’s Quote to Issue (QTI) platform, resulting in a significant reduction in the time it takes for agents to sell policies. According to Jason Shapiro, Senior Vice President of Business Development at Root, the collaboration addresses a need for innovation in the agent experience, making the insurance-buying process more efficient. By streamlining the steps of application, coverage customization, and payment, the integration allows agents to move quickly through the process.
This partnership is exclusive to Root and Goosehead, positioning them to potentially set a new industry standard for efficiency and client focus. Root, known for leveraging data science and technology to provide personalized insurance experiences, has gained popularity for its app that has garnered 14 million downloads and collected over 27 billion miles of driving data. On the other hand, Goosehead Insurance, with its innovative approach and rapid growth, operates across the United States through corporate and franchise locations. The agency represents over 150 insurance companies and focuses on prioritizing consumer needs in its operations.
While the partnership between Root and Goosehead offers a streamlined insurance selling process for agents, it also signifies a strategic move towards enhancing the insurance process through advanced technology. By incorporating Root’s policies into Goosehead’s platform, the aim is to deliver high-quality insurance products at competitive prices, ultimately improving the client and agent experience. This collaboration highlights the potential for further growth and efficiency in the insurance industry.
