Latest news with #Reciprocal
Business Wire
4 days ago
- Business
- Business Wire
Porch Group Announces New Insurance Agency Partnerships
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. ('Porch' or 'the Company') (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced significant continued expansion with its insurance agency distribution channel, including new partnerships with Roamly Insurance Group ('Roamly'), Evertree Insurance Services, LLC ('Evertree') and MassDrive Insurance Group, LLC ('MassDrive'). One of Porch's strategic priorities is to scale insurance premiums, having restarted this growth engine at the end of 2024. To further distribution, Porch is expanding the Porch Reciprocal Exchange's ('the Reciprocal') relationships with third party insurance agencies. The Reciprocal looks to differentiate itself to insurance agencies by providing the best products for homebuyers, the best pricing and value proposition for lower-risk homes, by providing homebuyer leads to insurance agencies, and its long-standing commitment to providing great customer service and claims experience for policyholders. 'We are rapidly growing the number of agencies appointed at the Reciprocal, and we are thrilled to announce these exciting new partnerships,' said Eric Lemieur, Head of Insurance Sales and Distribution at Porch Group. 'Their modern approach to insurance and broad customer reach aligns well with our mission to simplify the homeownership journey. We seek to be a key partner for the largest insurance agencies in the country and are excited to share more updates and large incremental partnerships as we go forward.' Our New Partners Roamly is a global leader in digital insurance technology and solutions who recently started providing homeowners insurance to its growing customer base. The Reciprocal is proud to be one of the first homeowners carriers selected to join Roamly's carrier panel. This appointment is live, and Roamly is officially appointed in 19 states, marking a significant milestone in expanding both companies' footprints. 'We are excited to partner with Porch Group to offer homeowners insurance through our AI enabled digital insurance platform,' said Brad Simmons, General Manager. 'Just as Roamly's technology and expertise has simplified coverage for protecting the things that people love, Porch's mission to simplify the homeownership journey resonates with our customer base.' Evertree is a rapidly growing, tech-enabled, insurance brokerage offering customized solutions to customers in the personal and commercial lines space. The appointment is live and officially appointed in 15 states. 'At Evertree, we hold our carrier partnerships to the highest standard, and HOA continues to exceed expectations. We're proud to work alongside them as we grow together,' said Drew Monroe, CEO, Evertree Insurance. MassDrive is a nationally-licensed independent digital insurance agency owned by Bindable, a provider of Insurance-as-a-Service technology and tools to power P&C distribution at scale. With a strong focus on technology and customer accessibility, MassDrive's mission is to enhance how consumers discover, compare, and purchase insurance products across digital and traditional channels. Porch and MassDrive have partnered to offer home insurance products, making Porch's coverage available across their robust distribution network. "We look for every opportunity to better serve today's insurance consumers by offering access to top-tier products through both our own agency and our partner channels," said Jean-Marie Lovett, president of Bindable and MassDrive Insurance Group. "The addition of Porch's home insurance product to our Insurance-as-a-Service platform not only strengthens the options available to end consumers, but also provides Porch with a fast, effective path to expand distribution and reach new customers through our far-reaching digital insurance ecosystem." About Porch Group Porch Group, Inc. ('Porch') is a new kind of homeowners insurance company. Porch's strategy to win in homeowners insurance is to deploy leading vertical software solutions in select home-related industries, provide the best services for homebuyers including important moving services, leverage unique data for advantaged underwriting, and provide more protection for policyholders. To learn more about Porch, visit About Roamly Roamly is a global leader in digital insurance technology and solutions, redefining how consumers and businesses protect what matters most. Roamly Enterprise offers a technologically advanced platform that provides insurance companies with AI-enabled software modules to develop insurance products, increase speed to market, and mitigate risk. From pricing and underwriting to policy and claims management the product agnostic platform also provides consumers with a digital-first quote to bind experience. Operating in the U.S., Canada, and Europe with global insurance partners, Roamly is where the insurance industry and technology intersect to enhance the consumer experience. Learn more at About Evertree Evertree Insurance is a modern, independent insurance brokerage committed to making coverage simple, accessible, and personal. With access to over 65 top-rated carriers, Evertree puts customer service first by offering an easy, streamlined client experience - with knowledgeable agents nearby and national support through a broad carrier network. About MassDrive Headquartered in Boston, MA, MassDrive Insurance Group, LLC, is an independent digital insurance agency serving all 50 US states and DCs through a wide range of personal insurance products, including car, home, condo, renters, pet, travel, motorcycle, and more. MassDrive is owned by Bindable, an Insurance-as-a-Service platform powered by its own suite of proprietary technology and services including modern API-powered quoting, branded marketplace templates, and access to Policy Crusher®, a licensable CRM, comparative rater, and cross-sell engine. MassDrive is the licensed entity that powers white-label digital agencies for carriers, brokers, and brands participating in Bindable's robust partner ecosystem.
Yahoo
4 days ago
- Business
- Yahoo
Porch Group Announces New Insurance Agency Partnerships
SEATTLE, June 04, 2025--(BUSINESS WIRE)--Porch Group, Inc. ("Porch" or "the Company") (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced significant continued expansion with its insurance agency distribution channel, including new partnerships with Roamly Insurance Group ("Roamly"), Evertree Insurance Services, LLC ("Evertree") and MassDrive Insurance Group, LLC ("MassDrive"). One of Porch's strategic priorities is to scale insurance premiums, having restarted this growth engine at the end of 2024. To further distribution, Porch is expanding the Porch Reciprocal Exchange's ("the Reciprocal") relationships with third party insurance agencies. The Reciprocal looks to differentiate itself to insurance agencies by providing the best products for homebuyers, the best pricing and value proposition for lower-risk homes, by providing homebuyer leads to insurance agencies, and its long-standing commitment to providing great customer service and claims experience for policyholders. "We are rapidly growing the number of agencies appointed at the Reciprocal, and we are thrilled to announce these exciting new partnerships," said Eric Lemieur, Head of Insurance Sales and Distribution at Porch Group. "Their modern approach to insurance and broad customer reach aligns well with our mission to simplify the homeownership journey. We seek to be a key partner for the largest insurance agencies in the country and are excited to share more updates and large incremental partnerships as we go forward." Our New Partners Roamly is a global leader in digital insurance technology and solutions who recently started providing homeowners insurance to its growing customer base. The Reciprocal is proud to be one of the first homeowners carriers selected to join Roamly's carrier panel. This appointment is live, and Roamly is officially appointed in 19 states, marking a significant milestone in expanding both companies' footprints. "We are excited to partner with Porch Group to offer homeowners insurance through our AI enabled digital insurance platform," said Brad Simmons, General Manager. "Just as Roamly's technology and expertise has simplified coverage for protecting the things that people love, Porch's mission to simplify the homeownership journey resonates with our customer base." Evertree is a rapidly growing, tech-enabled, insurance brokerage offering customized solutions to customers in the personal and commercial lines space. The appointment is live and officially appointed in 15 states. "At Evertree, we hold our carrier partnerships to the highest standard, and HOA continues to exceed expectations. We're proud to work alongside them as we grow together," said Drew Monroe, CEO, Evertree Insurance. MassDrive is a nationally-licensed independent digital insurance agency owned by Bindable, a provider of Insurance-as-a-Service technology and tools to power P&C distribution at scale. With a strong focus on technology and customer accessibility, MassDrive's mission is to enhance how consumers discover, compare, and purchase insurance products across digital and traditional channels. Porch and MassDrive have partnered to offer home insurance products, making Porch's coverage available across their robust distribution network. "We look for every opportunity to better serve today's insurance consumers by offering access to top-tier products through both our own agency and our partner channels," said Jean-Marie Lovett, president of Bindable and MassDrive Insurance Group. "The addition of Porch's home insurance product to our Insurance-as-a-Service platform not only strengthens the options available to end consumers, but also provides Porch with a fast, effective path to expand distribution and reach new customers through our far-reaching digital insurance ecosystem." About Porch Group Porch Group, Inc. ("Porch") is a new kind of homeowners insurance company. Porch's strategy to win in homeowners insurance is to deploy leading vertical software solutions in select home-related industries, provide the best services for homebuyers including important moving services, leverage unique data for advantaged underwriting, and provide more protection for policyholders. To learn more about Porch, visit About Roamly Roamly is a global leader in digital insurance technology and solutions, redefining how consumers and businesses protect what matters most. Roamly Enterprise offers a technologically advanced platform that provides insurance companies with AI-enabled software modules to develop insurance products, increase speed to market, and mitigate risk. From pricing and underwriting to policy and claims management the product agnostic platform also provides consumers with a digital-first quote to bind experience. Operating in the U.S., Canada, and Europe with global insurance partners, Roamly is where the insurance industry and technology intersect to enhance the consumer experience. Learn more at About Evertree Evertree Insurance is a modern, independent insurance brokerage committed to making coverage simple, accessible, and personal. With access to over 65 top-rated carriers, Evertree puts customer service first by offering an easy, streamlined client experience - with knowledgeable agents nearby and national support through a broad carrier network. About MassDrive Headquartered in Boston, MA, MassDrive Insurance Group, LLC, is an independent digital insurance agency serving all 50 US states and DCs through a wide range of personal insurance products, including car, home, condo, renters, pet, travel, motorcycle, and more. MassDrive is owned by Bindable, an Insurance-as-a-Service platform powered by its own suite of proprietary technology and services including modern API-powered quoting, branded marketplace templates, and access to Policy Crusher®, a licensable CRM, comparative rater, and cross-sell engine. MassDrive is the licensed entity that powers white-label digital agencies for carriers, brokers, and brands participating in Bindable's robust partner ecosystem. 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Times of Oman
04-03-2025
- Business
- Times of Oman
Trump says ‘no room left' for Canada, Mexico to avert US tariffs
Washington, DC: President Donald Trump has stated that there is 'no room left' for Canada or Mexico to avert US tariffs that will go into effect on Tuesday. When asked about the possibility of a deal, Trump confirmed that 'tariffs are all set and are going to effect' on March 4 as planned. 'No room left for Mexico or for Canada. No, the tariffs, you know, they're all set. They go into effect tomorrow,' he said during his 'investment announcement' on Monday. Earlier in the first week of February, Trump announced 25 per cent tariffs on imports from Canada and Mexico and an additional 10 per cent on goods from China. Later on February 4, he paused tariffs on imports from Canada and Mexico for 30 days, saying that he had secured new commitments from the two countries to improve border security. The pause was put in place after President Trump said he spoke to his counterparts from Mexico and Canada. Trump also shared a post on Truth Social, saying, 'To the Great Farmers of the United States: Get ready to start making a lot of agricultural product to be sold INSIDE of the United States. Tariffs will go on the external product on April 2nd. Have fun!' Last month, Trump decried illicit drugs coming into the country allegedly from the borders of Canada and Mexico, and has decided to continue with the imposition of tariffs on both countries from March 4, while also deciding to continue the imposition of reciprocal tariffs 'with full force' on April 2. 'Drugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels. A large percentage of these Drugs, much of them in the form of Fentanyl, are made in, and supplied by, China. More than 100,000 people died last year due to the distribution of these dangerous and highly addictive POISONS,' Trump said in a Truth Social post last February. Citing the smuggling of drugs across the border, Trump has vowed to stop or 'seriously limit' such drugs, especially Fentanyl. 'Millions of people have died over the last two decades. The families of the victims are devastated and, in many instances, virtually destroyed. We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,' read the Trump's post. In addition, China will also be charged an additional 10 percent tariff from March 4. 'China will likewise be charged an additional 10 per cent Tariff on that date. The April Second Reciprocal Tariff date will remain in full force and effect. Thank you for your attention to this matter. GOD BLESS AMERICA!' Trump added.
