Small businesses require insurance to ensure they are protected in the event of financial risk, but accessing the right insurance plan is a time-consuming process. Brokers must manually file paperwork, use antiquated software applications, and deal with time-consuming underwriting paper trails, convoluted processes that greatly reduce the speed of access to insurance and ultimately lose brokers' clients.
Attune builds insurance products for brokers to sell to small businesses, helping to provide rapidly accessible coverage whilst minimizing the work required by brokers. The company achieves this by leveraging data to underwrite financial risks in minutes, fully digitizing direct billing and signing workflows, whilst providing live customer support from specialized underwriters.
Whilst the company faces competition from many other broker-focussed insurance providers, Attune has smartly focused its efforts on reducing insurance binding times through data-driven underwriting and digital workflows. The company claims that it can provide an insurance quote to clients and bind it within five minutes, across a wide range of products including policies for general liability, business owners, cybersecurity, and workers' compensation.
Steph
Company Specialist at Welcome to the Jungle
