Clover teams with RAC on business pack, home and motor
Perth-based RAC Insurance and Clover Insurance will partner on the distribution of business pack, home and motor products through the broker market.
Clover, founded by Blair Nicholls, started last year as a technology-led, start-up underwriting agency focused on simplifying the placement of insurance for brokers and their customers.
The insurer went live with its OnePatch platform late last year, offering business pack. Home will be available late March and personal and commercial motor will be offered from the second quarter.
“RAC is a well-respected membership organisation and we are delighted to be working with them to bring additional capacity to the intermediated market,” Mr Nicholls said.
Clover says its OnePatch platform provides significant time savings for partners by providing access to external data to speed up the quoting process and provide a definitive price or decline without a lengthy referral process.
Perth based motoring organisation RAC’s insurance arm is currently focused on direct business, with the group having a high consumer profile in WA.
RAC Insurance GM Damien Van Pelt says the partnership with Clover will enable a new approach for the organisation through accessing the broker market.
“RAC is pleased to announce the partnership with Clover and diversify our insurance portfolio.” Mr Van Pelt said.