Coalition has launched new APIs which will support management liability through executive risks insurance. The new interfaces will allow companies to thread Coalition into their chosen platform to speed up quoting and purchasing.
The new APIs will enable organisations to embed Coalition’s Active Insurance straight into any platform so that they can get faster coverage. This will specifically help brokers become more efficient and get more control over the end-to-end buying process.
While these APIs will be available in the US, Coalition has also launched an API in the UK for cyber insurance and will look to release the products in more markets further down the line.
What the key players said
Lockton Companies said, “”As the world’s largest independent brokerage firm, we’re constantly looking for ways to evolve our distribution to serve our clients better. Coalition’s APIs have provided a seamless digital quoting experience with market-leading coverage. By removing more of the technical complexities often required with integrations, we not only improve the speed at which we’re able to meet client demand but also impact our bottom line positively.”
“Coalition’s APIs are flexible, easy to implement, and fast, giving brokers even more authority over how and when they quote,” said Shawn Ram, Coalition’s Head of Insurance. “With this new set specifically for D&O Insurance and EPL Insurance, we are enabling brokers to meet the high demand for insuring these types of executive risks with a simple click of a button.”