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BridgeNet Insurance Agency: Insurance Integrations Made Quicker and Simpler

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Tim Morris, Chief Executive Officer; DwightStuckey, Chief Technology Officer, BridgeNet Insurance AgencyTim Morris, Chief Executive Officer; DwightStuckey, Chief Technology Officer
There are times in business when misconceptions about smaller companies unduly crowd out sound offerings that provide consumers with a wider range of choices.

The insurance industry seems to remain resilient at a time when the global economy is experiencing turbulence. The national insurance carriers continue to generate growth, but acquiring new clients and expanding business remains an uphill battle for most smaller insurance carriers and agencies. While customers increasingly want to buy online, brick and mortar organizations miss the mark while competing with the large national companies that have developed and deployed a high value consumer experience. As a result, these smaller insurance companies could not compete on the same level as these huge carrier networks. That is, until now!

BridgeNet Insurance Agency intends to shake up the status quo. As the name suggests, the North Carolina-based company bridges the gap between the insurance carriers and data source providers. The company created an omnichannel “bridge” into the insurance ecosystem and, thereby, facilitates a seamless digital engagement solution for insurance providers. BridgeNet offers robust, low-code Application Programming Interfaces, multi-language scripting, and digital tools to connect consumers with affordable insurance products. This makes deploying digital partnerships easier and faster than ever before.

“We are strictly focused on the nonstandard automobile insurance space,” remarks Tim Morris, Chief Executive Officer at BridgeNet Insurance. He adds, “For a long time, nonstandard auto policies have been traditionally sold via brick-and-mortar sales agents. With the amalgamation of BridgeNet’s enterprise solutions toolkit and our proficient team, we have been able to expand these companies’ online capabilities.” BridgeNet Insurance leverages more than 100 years of industry experience, which the company uses to help smaller insurance companies compete with their larger counterparts. The company’s unique mix of insurance and technical knowledge also allows it to support several affinity groups like mortgage dealers, app developers, and lead vendors who look to monetize their database and provide a better customer experience.

In orchestrating a paradigm shift from traditional systems to online products, BridgeNet is meeting the demands of Millennials while enhancing the overall customer experience.“Our technological mission is to bring the insurance buying experience to the platforms and providers consumers trust,” says Dwight Stuckey, Chief Technology Officer at BridgeNet.


Stuckey also adds, “We have made our account signup process free, so our customers can get their hands on our technology and start integration quickly.”BridgeNet enables its customers to build new revenue streams while providing consumers a better user experience.

Be it the insurance distribution channel, claim side operations, or underwriting, our APIs allow connectivity directly with online marketplaces or even with companies that don’t exist directly in the insurance space


In fact, their insurance UX documentation allows clients to integrate their insurance solutions easily. Offering a variety of endpoints, it is designed to track insurance leads, estimate prices, retrieve carrier quotes, and, finally, request coverage bound. BridgeNet’s API revolves around partnerships that create an ecosystem of insurance companies and agents. Their technology, carrier network, or licensed agency helps to bring ideas to life and launch businesses into the next generation of insurance workf low automation.

With its diverse capabilities, BridgeNet recently collaborated with a retail insurance agency providing nonstandard, personal-lines auto insurance coverage to clients with poor credit, multiple MVR violations, or claims. The integration helped the agency to rapidly reach customers and provide them with the best rates on auto insurance. Using BridgeNet’s rating tools, the agency was able to find agents, create accounts with car and driver data, and instantly generate a competitive quote based on this data.

With its footprint across 24 states and collaborations with more than 20 insurance carriers, BridgeNet easily steers ahead of the competition when it comes to ability. It has established a strong relationship between the insurers and the clients and provides them an opportunity of propagating different markets. “Be it the insurance distribution channel, claim side operations, or underwriting, our APIs allow connectivity directly with online marketplaces or even with companies that don’t exist directly in the insurance space,” says Don Hobdy Jr., Chief Marketing Officer at BridgeNet. Simply put, BridgeNet is adding value to the insurer-client relationships while helping to increase premium revenue.

“We want to expand quickly into the other 26 states,” says Morris while touching upon the immediate roadmap of the company. With innovation at its core, it will be interesting to see how BridgeNet Insurance brings value to the insurance space in the years to come.

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Company
BridgeNet Insurance Agency

Headquarters
Charleston, North Carolina

Management
Tim Morris, Chief Executive Officer; DwightStuckey, Chief Technology Officer and Don Hobdy Jr., Chief Marketing Officer

Description
BridgeNet Insurance Agency bridges the gap between the insurance carriers and data source providers. The company creates an omnichannel “bridge” into the insurance ecosystem and, thereby, facilitates a seamless digital engagement solution for insurance providers. BridgeNet offers robust, low-code Application Programming Interfaces, multi-language scripting, and digital tools to connect consumers with affordable insurance products. This makes deploying digital partnerships easier and faster than ever before.The company’s unique mix of insurance and technical knowledge of over 50 years allows it to also support several affinity groups like mortgage dealers, app developers, and lead vendors who look to monetize their database and provide a better customer experience