London Underwriters takes the Insurtech industry by storm with their latest program, Bunch Insurance. Initially launched in Texas, Bunch Insurance has announced two additional states to their line up within a month of launching.
Georgia and Arizona became the most recent states to access Bunch Insurance with several other territories to come. Bunch Insurance plans to launch their program in Mississippi, Alabama, Oklahoma, Louisiana and Tennessee in Q4 2020.
“Our vision is to offer Bunch Insurance in all 47 states that we are licensed in within the next year. We also have some very exciting partnerships lined up for several lines of business that we hope to share in the next few weeks.” Jessica Gutheil, Chief Marketing Officer
To continue enhancing the product offerings in Bunch, they anticipate launching several other product enhancements such as Cyber Liability, Property Enhancement Endorsement and General Liability which is expected to be released in Q4 of 2020.
Bunch Insurance is an insurtech program created by London Underwriters that allows insurance agents to quote and bind directly online for commercial property and commercial property. This program is written on London Underwriters proprietary Lloyd’s of London program.