Slice Labs Inc., a provider of on-demand insurance services, announced a partnership with First Connect Insurance Services. Through this new alliance, independent agents from the First Connect network will now have access to Slice’s Contractors General Liability (CGL) small business insurance.
According to Aviad Pinkovezky, president of First Connect, this partnership will benefit their network of agents. “With access to Slice’s on-demand small business insurance our agents can better meet the needs of their clients. We are excited about this offering, as we know it will fill a gap,” said Pinkovezky in a Wednesday (July 12) release.
The insurance products provided by Slice are backed by Philadelphia Insurance Companies (PHLY) and American Builders Insurance Company (ABIC). In addition, Slice is known for its user-friendly interface and ability to provide coverage for hard-to-place classes, making this an ideal choice for independent agents.
Tim Attia, co-founder and CEO of Slice, expressed his excitement about the partnership as well, “Partnering with First Connect allows us to distribute small business insurance to some of the best independent agents in the country. We look forward to a broadened reach so agents can experience on-demand insurance to secure small business coverage for their clients.”
Agents will be able to bind and quote Slice’s CGL insurance in under five minutes online.
This new partnership comes on the heels of other additions to Slice’s platform in March, when it added four additional wholesaler insurance agencies, allowing retail agents and brokers associated with these four partners to digitally quote and bind General Liability under the digital brand, AERO Insurance Services.
The wholesalers have partnered with Cornerstone Underwriting Partners (CUP) and are part of a program to streamline business processing for agents.
“We’re thrilled to bring on these new partners and have so many agents use our platform,” Attia said at the time. “Our goal is to provide brokers and agents with the best quote to bind process so they can support the small business insurance market quickly.”
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.