Business
Root Insurance Partners with Goosehead Insurance to Simplify Insurance Sales for Independent Agents
Root’s innovative offering integrated with Goosehead’s proprietary, Quote to Issue (QTI) platform, reduces the time for agents to sell policies by more than
About this update from Root, Inc.
[{"type":"text","content":"Root’s innovative offering integrated with Goosehead’s proprietary, Quote to Issue (QTI) platform, reduces the time for agents to sell policies by more than 50% through deep integration, eliminating the need to bridge to separate systems.This technology integration is unique to the Goosehead-Root relationship, positioning Goosehead agents to sell Root’s insurance products faster and more efficiently than their competitors. This advantage allows Goosehead to fulfill its promise of delivering the right coverage at the best price for clients. COLUMBUS, Ohio and WESTLAKE, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance Company, and Goosehead Insurance, Inc. (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, today announced their technology integration partnership that is redefining the agent experience. This collaboration is a significant step toward a mutual goal to enhance the insurance process for agents and clients through cutting-edge technology. Pairing Root’s simple, fast quote delivery with Goosehead’s proprietary Quote to Issue (QTI) platform, the new experience guides agents through the entire process—including application, coverage customization, and payment—50% faster than before. “The agent experience has long been lacking innovation, user enhancements, and advanced technology,” said Jason Shapiro, Senior Vice President of Business Development at Root. “Recognizing this gap, Root and Goosehead identified a unique opportunity to leverage our combined technological strengths to make the insurance-buying process more efficient. This partnership focuses on creating a fast, easy quoting experience for agents while delivering a great insurance product at a competitive price for clients.” Together, Root and Goosehead have developed a fully embedded insurance product that simplifies the distribution process by taking agents directly to bindable, actionable quotes for their clients. This integration allows agents to provide a quick, simplified, and transparent insurance experience. Brian Patillo, Executive Vice President of Goosehead, added, “Investing in technology is paramount to our mission at Goosehead Insurance. This partnership with Root represents a significant advancement in o...