SES Risk Solutions, which describes itself as a "tech-enabled provider of insurance services for large portfolios of real estate," announced the launch of its new instant quote-and-bind platform for single rental property locations.
QUBIE "enables insurance brokers to instantly quote a single-family (1-4 unit) long-term rental property with only a street address," a company release says. "The entire process from quote-bind-policy issuance takes less than three minutes."
The new service is predicated on three factors. One is the time pressures that insurance brokers face, with a short window to get a quote to a prospect and close the business. The second is the need to separate the business nature of rental properties from someone's personal properties. And third, these are small side businesses for the property owners.
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