|By Business Wire||
|January 23, 2014 02:58 PM EST||
Underscoring its commitment to technology innovation, Plymouth Rock Assurance today announced that it has been featured in Best’s Review Magazine for developing and offering one of the most groundbreaking insurance solutions brought to market in 2013. Specifically, Plymouth Rock is being recognized for its Agent Quote Marketplace, a patent-pending application that connects Massachusetts drivers in the market for auto insurance with authorized independent agents who can offer quotes from multiple insurance providers. Plymouth Rock’s unique, creative approach to problem solving is featured in the publication’s January 2014 edition as part of the Innovation Showcase.
Plymouth Rock designed the Agent Quote Marketplace to help connect independent insurance agents with customers who are actively shopping for auto insurance and have expressed interest in receiving quotes from several insurance carriers. For auto insurance shoppers, the Marketplace provides the opportunity to find a single, designated independent agent who can offer actual quotes from multiple insurance providers, not only from Plymouth Rock. The Marketplace combines the power and ease of shopping online with the personal service and familiarity of dealing with a local independent agent.
A panel of insurance industry experts assessed the relative merits of submissions from more than 40 companies based in countries spanning North America, Europe and Asia for the 2014 Showcase.
In reviewing Plymouth Rock’s submission, panelist Jerry Ravi, a partner at EisnerAmper LLP, called the Marketplace “much more innovative than what we have seen,” and said that “Plymouth Rock is moving in the right direction as a leader” in developing proprietary in-house software.
“The Agent Quote Marketplace offers the online purchasing power that many consumers demand while also delivering the personal touch of independent agents,” said Keith Jensen, chief marketing officer at Plymouth Rock. “We’re committed to providing our customers with the expertise of an agent and the flexibility to shop for auto insurance wherever and whenever, which is why we designed the Marketplace to benefit both agents and customers. We’re very pleased to be recognized by Best’s Review as an innovator and forward-thinker in the global insurance industry.”
About Plymouth Rock Assurance
Headquartered in Boston, Plymouth Rock Assurance Corporation is a leading automobile insurance carrier serving Massachusetts and Connecticut. Plymouth Rock’s industry-leading service innovations include the exclusive Plymouth Rock Savings Pass, which helps Massachusetts customers save hundreds of dollars on auto-related goods and services; Crashbusters® mobile expert appraisers, who travel directly to a customer’s vehicle to assess damage and often issue a check on the spot; Door to Door Valet Claim Service® which manages the entire auto repair process from start to finish; Get Home Safe®, which covers the cost of a one-time cab ride home up to $50 per policy year when a Massachusetts policyholder feels it would be unsafe to operate a motor vehicle; and its Pledge of Assurance®, an industry-leading written commitment to service excellence. Plymouth Rock Assurance Corporation has an “A-/Excellent” rating from A.M. Best, the insurance industry’s premier independent rating service. It is part of the Plymouth Rock Group of Companies, which together write and manage over $1 billion in auto and home insurance in the Northeast. Each of the Plymouth Rock companies is financially responsible only for its own insurance products. Actual coverage is subject to the language of the policies as issued by each separate company. For more details and to find a Plymouth Rock independent agent near you, visit plymouthrock.com.
About Best’s Review
Best’s Review is published by the A.M. Best Co. for insurance professionals, including home office executives, agents and brokers. Founded in 1899, A.M. Best Co. is the world’s oldest and most authoritative insurance rating and information source.