Tech-Driven Commercial Wholesaler
Using a wholesale broker shouldn’t be hard. QuoteWell is a tech-enabled wholesale broker that delivers a streamlined and transparent quoting process. They provide a relationship-first approach, supported by best-in-class technology.
Appetite sweet spot: Artisan Contractors, Lessors Risk Only, Daycares, and Auto Servicing.
Resources:
- Contractors Appetite
- Daycares Appetite
- Garage Risks Appetite
- LROs Appetite
- Appetite One-Pager
- Preferred Risks Overview
How it works
- Submit your risk - Request QuoteWell through the First Connect Carrier Store and submit the required attachments. You can also submit your risk directly via email to submissions@quotewell.com.
- Get feedback - QuoteWell's technology automatically helps you build your complete submission with the help of AI.
- Receive a comprehensive quote - With a completed submission, QuoteWell's human brokers immediately jump into action to bring your marketing plan to life. Check the status of your submission online 24/7 in QuoteWell's portal.
- Bind with QuoteWell - QuoteWell offers post-bind support made easy with our high-touch team of underwriters.
Why Choose QuoteWell:
- Transparent and responsive
- QuoteWell delivers the best quotes in the shortest amount of time. They deliver marketing plans within a few hours of submission, and their in-house binding program frequently enables same day quote turnaround time.
- Never lose sight of your submission. With their platform, you get peace of mind because you can always see where your submission stands.
- See your submission history and previous broker communication all in one place.
- Tech-driven
- QuoteWell delivers a streamlined process with best-in-class AI models to help provide insights on carrier appetite, extract data from documents, identify missing information, and pre-fill supplementals.
- They focus on building technology that makes it easy to work with QuoteWell throughout the submission process. They will work with you over email or through their platform, or both.
- Solutions-oriented
- QuoteWell combines the power of technology with their team of expert brokers and carrier relationships to help you find the best outcomes for your risk.
- You get the power of their entire team. QuoteWell collaborates with you to improve your servicing and efficiency, eliminating the silos and delays that can come with working with a single broker.
- Self-service doesn’t always mean easier. QuoteWell takes a consultative approach by bringing together their team’s expertise with a complete understanding of the risk being placed to help you get the best outcomes for your risk.
FAQs
- Who is QuoteWell?
- QuoteWell is a tech-enabled commercial insurance MGA/Wholesale Brokerage. They exclusively work through agents, and never go direct to insureds. They primarily service the non-admitted market.
- Does QuoteWell sell software?
- No, they use more technology than traditional wholesalers, but are powered by people.
- Is there any cost or minimum premium commitment?
- No! QuoteWell wants to earn the right to your business. They only make money when you do.
- How do I get appointed?
- First Connect makes this easy for its agents! Sign up through the First Connect carrier, sign a producer agreement, and upload a W-9.
- What information do I need to provide to make a submission?
- Check out QuoteWell's blog post for more information. (link: https://quotewell.com/blog/quality-submissions)
- What is your appetite?
- Learn more about Preferred Risks and submission requirements for each vertical on QuoteWell's website here or by checking out the resources available in the Carrier Store.