SlideShare a Scribd company logo
The
SimplyBind
Experience
SimplyBind by Coterie Insurance
By Coterie Insurance
With just a simple name and address, agents:
 validate business details
 tailor coverage for their customer's
needs
 bind coverage instantly
The
SimplyBind
Experience
Coterie uses data in real-time to identify, qualify, evaluate,
and bind insurance for small businesses - consistently and
transparently.
Manufacturing
Insurance Digitally
SimplyBind by Coterie Insurance
 Identify the business
 Classify the risk & determine appetite
 Confirm risk eligibility
 Evaluate and score the risk exposures
 Dynamically recommend coverage extensions
 Risk-specific pricing and exclusions
“We use data to answer our own underwriting questions
so the agent can focus on advising and selling.”
Impact
to
Agent
SimplyBind by Coterie Insurance
Respond to
customers
instantly
Provide a solution
to customers when
they need it most
We answer our
own underwriting
questions
Grow
profitably
No time-
consuming apps
or unproductive
carrier interactions
Increase quote
thruput by 10Xs
Digital
intelligence
All quotes are
bindable
Coverage tailored
by industry and
each risk
Love that you are doing the work and providing the
data for us to verify.
Coterie Agent
06/30/2022
Save Time with
SimplyBind
10X
quote throughput
75%
less total time
Business Name
• legal or DBA name
• 3rd Party data vendor classifies business name
Business Address
• Complete address including state and zip.
• 3rd party vendor verifies business address
SimplyBind by Coterie Insurance
SimplyBind by Coterie Insurance
SimplyBind by Coterie Insurance

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Coterie Insurance - InsurTech Innovation Award 2022

  • 1. The SimplyBind Experience SimplyBind by Coterie Insurance By Coterie Insurance
  • 2. With just a simple name and address, agents:  validate business details  tailor coverage for their customer's needs  bind coverage instantly The SimplyBind Experience Coterie uses data in real-time to identify, qualify, evaluate, and bind insurance for small businesses - consistently and transparently.
  • 3. Manufacturing Insurance Digitally SimplyBind by Coterie Insurance  Identify the business  Classify the risk & determine appetite  Confirm risk eligibility  Evaluate and score the risk exposures  Dynamically recommend coverage extensions  Risk-specific pricing and exclusions “We use data to answer our own underwriting questions so the agent can focus on advising and selling.”
  • 4. Impact to Agent SimplyBind by Coterie Insurance Respond to customers instantly Provide a solution to customers when they need it most We answer our own underwriting questions Grow profitably No time- consuming apps or unproductive carrier interactions Increase quote thruput by 10Xs Digital intelligence All quotes are bindable Coverage tailored by industry and each risk Love that you are doing the work and providing the data for us to verify. Coterie Agent 06/30/2022
  • 5. Save Time with SimplyBind 10X quote throughput 75% less total time
  • 6. Business Name • legal or DBA name • 3rd Party data vendor classifies business name Business Address • Complete address including state and zip. • 3rd party vendor verifies business address SimplyBind by Coterie Insurance