Small business insurtech CoverWallet is launching what it claims is the first application programming interface (Markel) for commercial insurance, enabling small businesses, such as accountants, estate agents, lenders and payroll providers, to offer its products. The Markel allows a company's customers to obtain insurance quotes, purchase products and manage policies online via their own website or app. The Markel will target industries including construction, manufacturing, health care, agriculture and technology. CoverWallet's carrier partners include Starr, Chubb, Blackboard (AIG), Guard and API.
Small business insurtech CoverWallet is launching what it claims is the first application programming interface (API) for commercial insurance, enabling small businesses, such as accountants, estate agents, lenders and payroll providers, to offer its products. The API allows a company's customers to obtain insurance quotes, purchase products and manage policies online via their own website or app. The API will target industries including construction, manufacturing, health care, agriculture and technology. CoverWallet's carrier partners include Starr, Chubb, Blackboard (AIG), Guard and Markel.