Apollo Insurance and AXIS Insurance have announced a partnership to offer bind insurance products through the Apollo Exchange broker exchange platform.
The first AXIS product to be placed on the platform is cyber liability and is available for many industry classes – including accountants, lawyers, architects & engineers, construction, manufacturing, transportation, and real estate. It is currently live and available to the 400 broker users who are registered on Apollo Exchange.
“Apollo believes in empowering the broker channel,” said Jeff McCann, chief executive officer of Apollo Insurance. “This is a crucial product provided by our partners at AXIS. Our broker users are now able to place this increasingly important coverage for their clients online and in real time. We are more than just technology or distribution with our insurer partners — we are consultants who provide insights into the performance of their products that insurers have never had before.
“It is important for us to adapt to changing expectations of buyers and the next generation workforce. Apollo Exchange takes a whole new approach by combining technology, insurance capacity, and content marketing services.”