InsurTech Breeze teams up with Appalachian Underwriters for disability insurance
Breeze is an online insurance broker, by leveraging industry expertise and technology, the company is on a mission to build a better way to distribute income protection insurance.
Policies offered through Breeze replace a portion of a policyholder’s regular income and can be used to help with large medical bills, mortgage payments, groceries, and more. Breeze currently offers long-term disability insurance, short-term disability insurance, and critical illness insurance.
The partnership will allow health-licensed agents and brokers partnered with AUI to use Breeze’s turnkey disability insurance platform.
According to Breeze, AUI’s already strong commercial P&C and workers’ compensation lines offering will complement the disability insurance offering.
Colin Nabity, CEO and co-founder of Breeze, said, “Whether you’re focused on home, auto, health or life insurance sales, income protection is a natural next conversation for agents and advisors. We’re thrilled that Appalachian Underwriters has selected Breeze to power their disability income insurance offerings, and we look forward to supporting their agents.
William Chambers, director of digital partnerships at AUI, added, “We’re extremely excited to partner with Breeze to continue our mission to support our agents and agency partners with diverse new product solutions and tools that increase efficiency. After seeing strong success with our recent entrance into the life insurance space, the partnership with Breeze is perfect to represent AUI’s first voyage into the health market.”
Last year, Breeze closed a $10m Series A funding round led by Link Ventures with participation from Northwestern Mutual Future Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska.
Aflac, a provider of supplemental health insurance products, recently launched an enhanced Aflac Individual Short-Term Disability Insurance product. The new policy aims help employers better support the changing needs of their workers amid economic uncertainty and enduring pandemic challenges.
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