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Weather Protection at Agents’ Fingertips: Vortex Partners with First Connect
Vortex Weather Insurance is partnering with First Connect to make accessing Vortex’s parametric weather policies easier than ever for insurance agents and brokers.
Joining First Connect, a digital marketplace that helps independent insurance agents rapidly connect with a wide range of insurance carriers, places Vortex’s insurance options at the fingertips of tens of thousands of independent insurance agents, significantly broadening Vortex’s reach in the marketplace.
“We’re excited to make Vortex’s hourly rainfall and annual hurricane products available to agents through the First Connect platform,” said Andy Klaus, VP of Business Development at Vortex. “Parametric weather policies add an extra layer of protection to outdoor events and businesses, and we want them to be as easy as possible for agents to access.”
Vortex becomes one of more than 130 insurance carriers featured on First Connect across the home, auto, commercial, and life sectors.
“Parametric weather insurance is a little different from traditional insurance in that it pays out once the policy thresholds are met with no need to prove damage,” Klaus said. “Being on a platform like First Connect raises our visibility among agents, who can then provide the best possible options to their customers.”
Vortex’s product offerings include hourly rain insurance for outdoor events and supplemental hurricane insurance for businesses along the Gulf and Atlantic coasts. The quote to bind process is very straightforward and can be completed in minutes. Claims are triggered automatically, with no proof of loss or adjusters necessary. Rain claim checks are typically mailed in about 7 days, while hurricane claim checks take about 30 days. Brokers and agents can take advantage of these products for their existing clients and can gain the ability to enter new markets as well.
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