LuckyTruck, Nice American Insurance coverage Group Launch MTC Insurance coverage Product – Fleet Administration
With the totally digital Motor Truck Cargo (MTC) product, as a substitute of ready days for protection, truckers can hit the open highway in simply minutes with the protection they want.
Photograph: LuckyTruck
LuckyTruck, a tech-enabled retail agent centered on trucking, has collaborated with Nice American Insurance coverage Group (GAIG) to launch a completely digital motor truck cargo (MTC) product.
During the last decade, the business insurance coverage business, particularly trucking insurance coverage, has been gradual to undertake digital merchandise, in accordance with the corporate. Traditionally, getting motor truck cargo protection took a trucker between one to a few days. Collectively, LuckyTruck and Nice American Insurance coverage Group will allow truckers to acquire a quote, buy, and bind a coverage in about 10 minutes.
Nice American’s MTC product is digital, eliminating lengthy query functions, back-and-forth telephone calls, a number of emails, and guide fee processing. Powered by Ascend’s fashionable fee platform, LuckyTruck permits prospects buying the GAIG MTC product to pay-in-full or enroll in premium financing instantaneously. After fee, the coverage is certain in a matter of microseconds. As an alternative of sitting on the facet of the highway ready days for protection, truckers can hit the open highway in just some minutes with the protection they want.
“Truckers are sometimes on the highway throughout their insurance coverage agent’s typical enterprise hours, and within the fast-paced world of trucking each minute counts,” mentioned Travis Murphy, assistant vp of enterprise improvement, Nice American Property & Inland Marine. “We noticed a chance to attach with our insureds otherwise, in a manner that higher meets their wants. Our digital (MTC) product is wise, quick, easy-to-use, and accessible across the clock through the LuckyTruck platform.”
