WeSure Digital launches in its first state
WeSure Digital, the US MGA subsidiary of the international publicly traded insurance and technology group WeSure Global Tech Ltd, has launched its small business insurance product in the state of Ohio. Coverage is underwritten by AmTrust Financial , an investor in the company.
The product can be purchased and managed online by retail agents, wholesalers and small business owners and there’s a $90 annual fee for the “service”. WeSure plans to expand to additional states and products throughout the year.
Here’s a look at the flow:
“We are thrilled to be launching this product and to offer our unique international digital insurance services now to the US market. This development is a major milestone in weSure Group’s global expansion and we are confident that our innovative, data-driven, efficient and transparent approach to insurance will provide small business owners and their insurance agents with an easier and more intuitive way to buy and manage their insurance policies.” – Emil Vainshel, founder of WeSure Global Tech and Chairman of the Board of WeSure Digital.
Bottom Line: In comparison, CoverWallet recently charged Coverager a $262 service fee.