- June 29, 2021
- Posted by: Stratford Team
- Category: Business
NEW YORK–(BUSINESS WIRE)–Slice Labs Inc. (Slice), a technology company with the first on-demand insurance platform, and Appalachian Underwriters, Inc. are live with small business insurance built on Slice’s Insurance Cloud Services (ICS) platform under Appalachian’s digital brand, AERO Insurance Services.
Appalachian’s customer base of over 100,000 independent agents can now Submit, Quote, Bind, Pay, and Service Small Business accounts, 100% online, in a matter of minutes. Appalachian and Slice will look to expand into other industry segments in the future, including Personal Lines.
A 2020 Market Report by IIABA reports “84.5% of all commercial lines premiums are written by independent agent companies”. As insurance innovation continues to move forward to the digital world, it’s important agents are equipped with the right tools so that they can compete in a fast-paced, digitally savvy world. Agents can now secure competitive…