F&G is a supplier of insurance coverage options and desires to speed up deployment of Quility and its know-how, automation, and leads platforms. These take away boundaries to make life insurance coverage extra accessible for brokers and shoppers alike.
As well as, Quility provides a frictionless expertise for insurance coverage brokers, distribution firms, and the shoppers they serve. With the insurtech, the appliance course of could be over in ten minutes.
F&G’s funding will advance Quility’s proprietary insurance coverage know-how and automation platforms:
- Navigator: Quility’s user-friendly platform that may be a one-stop store for a broad vary of insurance coverage merchandise;
- Switchboard: Automated consumer engagement platform that accelerates brokers’ workflow and the prospect timeline;
- Knowledge merchandise: Quility will drive AI and machine studying by means of its knowledge merchandise and advance knowledge science.
Moreover, the funding will support Quility to increase its gross sales channels by means of its Symmetry Monetary Group, Quility B2B and direct to client channels.
“F&G’s funding will expedite the modern know-how that has turn into synonymous with the Quility model,” stated Brandon Ellison, co-founder and CEO of Quility. “It is a significant step in our mission to remodel the way in which life insurance coverage is purchased and bought.”
“F&G’s funding in Quility aligns with our personal diversified tech-enabled technique, whereas offering Quility the capability to drive development and safe its place as a number one insurtech firm,” added Chris Blunt, CEO of F&G Annuities & Life, Inc. “We’re excited to associate with Quility as they embark on growing an modern working platform constructed with Generative AI capabilities to reinforce and simplify the end-to-end insurance coverage coverage expertise for brokers and prospects.”
