Insurance brokerage Guaranteed Rate Insurance has launched a digital insurance marketplace built on
"The API integrations allow us to fetch carrier quotes directly from customer input or through embedded partner integrations, along with general underwriting and coverage assumptions," Haggard wrote in a response to questions.
The marketplace distributes home, auto, life and other coverages from more than 50 carriers. It is embedded in the home financing application process of parent company Guaranteed Rate, a retail mortgage lender.
"This platform is another example of how Guaranteed Rate Insurance is driving
Guaranteed Rate Insurance plans to expand the marketplace by adding carriers and products, according to the company's statement.
"We were lucky to begin this initiative with a fresh start," Haggard added.