Starr Companies Partners with Insuretech Startup CoverWallet

Starr Companies today announced a partnership with CoverWallet to develop new insurance products optimized for the online channel.

Headquartered in New York City, CoverWallet’s goal is to be the easiest way to understand, buy and manage insurance for businesses. The company combines data, design, and technology to help small businesses deal with all of their insurance needs, whether from their smartphones or online. With an intelligent assessment system and concierge-like service, CoverWallet saves time and provides peace of mind by making managing insurance simple and intuitive. It won 2017 Best Insuretech Solution from Benzinga and was recently named “One of the Most Entrepreneurial Companies in America” by Entrepreneur.

Through the partnership, the companies will jointly develop new insurance products simplifying the click-to-bind process, with the goal of reinventing the insurance lifecycle. The technology is expected to lower operational costs, resulting in savings for customers.