Briza integrates with EMPLOYERS to Enable Insurance Agents to Deliver Workers' Compensation Insurance Digitally
LOS ANGELES, June 22, 2020 /PRNewswire-PRWeb/ -- Briza is a commercial insurance API (application programming interface) that connects insurers' underwriting systems to insurance agencies and consumer apps. These deep connections enable quick insurance delivery by allowing consumers to get small business insurance quotes, pay, and have a policy issued to them in a matter of minutes online. This saves insurance agents hours of busywork, freeing up time that is typically spent duplicating paperwork, sending forms, and logging into multiple carrier websites to get quotes.
One of Briza's agency customers based in Austin, Texas, had this to say: "As an independent agent, I'm always looking for ways to grow the commercial side of my book, but I'm always frustrated with how long it takes to write these small business policies. With Briza, I can help clients get quotes, pay online, and have coverage bound in minutes. It's a huge game-changer."
The integration allows any of Briza's customers, which are independent insurance agencies across two dozen U.S. states and growing, to sell EMPLOYERS' workers' compensation products online through agency-branded portals. In future versions of the Briza software, the integration will also enable small business owners to purchase workers' compensation through financial services apps such as banking, bookkeeping, payroll, and tax preparation that upsell existing complementary services.
This development is exciting based on our greater reliance on technology in today's world. "In 2020, consumers expect buying products online to be instant," said Ben Munro, CEO of Briza. "Small business insurers that adapt to changing agent expectations will gain a competitive advantage. EMPLOYERS is a great example of a company that is committed to innovating and making it easier for their customers by building these systems on the carrier side. We are excited to work with them."
EMPLOYERS feels similarly about the new relationship with Briza. "In the era of APIs, distribution is king," said Ray Wise, Senior Vice President of Sales at EMPLOYERS. "This is clearly the way the insurance industry is moving, and this integration helps further position us to take advantage of the potential of emerging technology. It gets our products in front of more small business owners and the agents they turn to for expert advice and service."
About EMPLOYERS
Employers Holdings, Inc. is a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select, small businesses engaged in low-to-medium hazard industries. The Company operates throughout the United States, with the exception of four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company. Not all companies do business in all jurisdictions. See http://www.employers.com and http://www.cerity.com for coverage availability. EMPLOYERS® and America's small business insurance specialist® are registered trademarks of EIG Services, Inc.
About Briza
Briza was founded in 2016, and is currently led by CEO Ben Munro, CTO Rishi Sharma, and COO Dominic Bortolussi. The software company also has distribution partnerships with other A-rated carriers including Crum & Forster (a Fairfax company), Hiscox, Markel, and Coalition. The company recently announced a round of venture funding, with institutional investors 500 Startups and Leaders Fund, alongside a number of angel investors including Munro and CEO of FreshBooks Mike McDerment.
SOURCE Briza, Inc.
