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Citi Selects Covr to Simplify Life Insurance coverage Course of for U.S. Client Wealth Administration Enterprise

Citi Selects Covr to Simplify Life Insurance coverage Course of for U.S. Client Wealth Administration Enterprise

Citi Selects Covr to Simplify Life Insurance coverage Course of for U.S. Client Wealth Administration Enterprise

Covr’s digital platform improves the advisor expertise and buy journey for shoppers

NEW YORK, Sept. 22, 2022 /PRNewswire/ — Covr Monetary Applied sciences (Covr) is collaborating with Citi to assist its U.S. monetary advisors and shoppers extra successfully combine life insurance coverage and long-term care protection into their monetary plans. By using Covr’s platform, Citi’s advisors and shoppers can entry high insurance coverage carriers on a simplified foundation.  

“We could not be extra thrilled to group up with a big, international monetary establishment like Citi,” mentioned Michael Kalen, Covr CEO. “Our insurance coverage platform is definitely accessible for Citi’s group of advisors to make use of when providing safety merchandise to their shoppers, and our group of insurance coverage specialists gives assist all through the method. Our aim at Covr is to make sure that everybody has straightforward entry to the insurance coverage options they want, and this an enormous step in working towards that aim.” 

“Covr was in a position to work with Citi to combine its advanced necessities into one easy-to-use digital insurance coverage platform,” mentioned Ron Alexander, Covr President and Head of Innovation. “Making the sophisticated easy is what we do day by day, and the power to collaborate with a number one agency like Citi allowed us to take our expertise to an excellent broader viewers. This additional positions Covr as a number one supplier of digital insurance coverage expertise and companies to monetary establishments.”

Trying forward, Citi is exploring methods to increase the providing to further channels sooner or later.

About Covr Monetary Applied sciences

Covr companions with monetary manufacturers to offer life insurance coverage options to their prospects in an environment friendly, straightforward method that streamlines the method of promoting and shopping for insurance policies. Covr presents a selection of trusted life insurance coverage merchandise from main insurance coverage carriers, a straightforward approach to examine charges, and the power to buy insurance policies inside minutes. By means of its digital insurance coverage options, Covr helps monetary establishments ship an ideal expertise below the model their prospects already belief. Covr at the moment serves over 30,000 monetary advisors and over 40 million prospects throughout over 30 monetary establishments. Extra data is out there at www.covrtech.com, or comply with Covr at @covrtech and on LinkedIn.

SOURCE Covr Monetary Applied sciences, Inc.

Citi Selects Covr to Simplify Life Insurance coverage Course of for U.S. Client Wealth Administration Enterprise