Goosehead Insurance partners with Vivint
Goosehead Insurance and home security company Vivint are announcing “a strategic partnership to innovate and enhance home insurance solutions.”
As part of the partnership, the companies will collaborate to develop new services and offerings that leverage the latest advancements in smart home technology and insurance services. In addition, Goosehead entered into a letter of intent to acquire Vivint Insurance Agency’s current book of business and provide service and support for Vivint’s insurance clients as Vivint shifts its insurance strategy to a partnership model.
Earlier this month we reported that Vivint is shelving its MGA insurance plans.
The partnership is set to launch in May and will be available to homeowners across the country.
“We continue to see increased momentum around the independent insurance distribution model as consumers look for the power of choice and more efficient experiences, and our partnership with Vivint enables us to provide a more comprehensive and integrated home ownership experience. By combining our industry-leading insurance model with Vivint’s cutting-edge smart home technology, we’re able to offer a truly innovative solution that sets a new standard for the industry and meets the evolving needs of today’s consumer.” – Justin Ricketts, EVP, Technology and Partnerships at Goosehead Insurance.
“We’re excited to partner with Goosehead Insurance as we transition our insurance strategy to a partnership model. When we entered the insurance space, we knew it would be a natural complement to our smart home offering and that long term, our technology could be used to reduce customer claims and losses while simultaneously improving customer experience. By integrating our smart home technology with Goosehead’s insurance services, we’re able to expand on that vision and together provide an all-in-one solution that gives homeowners greater control over their homes and insurance policies.” – Rasesh Patel, president, Vivint.