VANCOUVER, BC, MAY 28, 2021/insPRESS/ — Apollo Insurance Solutions Ltd., (“APOLLO”) Canada’s leading online insurance provider, has partnered with certain underwriters at Lloyd’s of London to offer an Office Insurance package product to brokers and their clients, available to purchase digitally through the APOLLO Exchange.
This Office Insurance package product offers CGL limits of up to $5 million with contents up to $50K covered. This product has a wide range of eligible classes and can cover clients with leased offices, co-working spaces, or home offices.
Brokers receive a 20% commission on this product. As with many products listed on the Exchange, brokers are also able to offer a monthly payment option to their clients.
“This Office Package has been a very highly requested product by our broker users, and we’re delighted to offer it through our partners at Lloyd’s of London,” said Marco Andolfatto, APOLLO’s Chief Underwriting Officer. “We continue to listen to our broker users and use their feedback to rapidly build out a comprehensive suite of products with our insurance partners”
As with every APOLLO Exchange product, the entire process, from quoting, binding coverage, and issuing policy documents is immediate, online, and paper-free.
APOLLO is Canada’s leading online insurance provider. Our proprietary platform, the APOLLO Exchange, allows insurance agents and their customers to purchase their policy immediately, from anywhere, on any device, 24/7. Unlike traditional paper-based processes, APOLLO leverages extensive data and sophisticated algorithms to quote, collect payment, and issue policies for thousands of types of small businesses and individuals without human intervention. Through traditional agents and embedded finance partnerships, APOLLO is redefining the distribution of insurance.
Availability of the Apollo Exchange and the products described herein are subject to applicable eligibility requirements, including jurisdiction, and other terms and conditions. Descriptions of the Apollo Exchange and such products contained herein are qualified in their entirety by such requirements, terms, and conditions. All rights reserved.