Limit launches platform to permit brokers to cite immediately with carriers

Digital wholesale dealer Limit has introduced the launch of Bridge, a digital platform that permits insurance coverage brokers to immediately quote business strains with their appointed carriers in a single software.

Bridge permits brokers to be the dealer of report and maintain their commissions and amendatory endorsements, quoting immediately with the provider with no middleman, Limit mentioned.

Limit has historically operated as a digital wholesale dealer. The firm mentioned that Bridge was its response to demand from retail brokers for its software program to permit them to attach immediately with carriers. When a dealer’s appointed carriers can’t full a deal, Bridge permits them to attach with Limit’s wholesale division.

“At Limit, we all the time discuss being the one-stop store,” mentioned John Loeber, CEO of Limit. “We wish to be the one platform {that a} dealer ever has to make use of to get a deal completed. Bridge is a giant a part of that – it allows brokers to make use of our platform to cite immediately with all their appointed markets in only a few minutes. That’s superb. And when the appointed market can’t quote? Well, no worries, as a result of Limit nonetheless has a wholesale division, so we will step in and switch the deal over to a different 45 markets.

“That is a massively highly effective expertise for any dealer. Whenever they put a deal into Limit, not solely are they going to avoid wasting hours, however it’s the one time they ever have to enter any knowledge. Bridge enhances our wholesale providing, such that we’re the one-stop store, from direct market entry and comparative quoting all the best way to E&S specialty placement. We are enormously excited for our prospects.”

Have one thing to say about this story? Let us know within the feedback under.