Cover Whale expands to fleet insurance market
Cover Whale , an insurtech with a specialty niche in the trucking and transportation segment, announced the expansion of its truck insurance products with the launch of a new fleet insurance program. Founded in 2019 and a team of ~6, Cover Whale offers an online platform that provides a solution for fast insurance quotes. Products are available exclusively through CoverWhale.com, with capacity from leading insurance markets.
“Fleet managers and select insurance brokers will have access to our proprietary fleet platform and with Cover Whale’s simple submission process, same day services, and competitive rates, they can be assured their time and risk are well-managed.” – Cover Whale CEO Dan Abrahamsen.
The offering includes Fleet Physical Damage and Motor Truck Cargo and will be available beginning January 1, 2021 through a select group of insurance brokers.
“We’ve reduced the turn-around time for quotes and endorsements by days, which is an enormous benefit for brokers and insureds. We’re proud that our launch in the small account space has been extremely successful leading to strong demand for us to enter the fleet segment.” – Jason Wexler, Chief Underwriting Officer.