Millennial Shift Technologies Partners with AmTrust
Millennial Shift Technologies, commonly known as mShifttech, is thrilled to unveil its latest partnership with AmTrust Financial Services, a renowned global player in property and casualty insurance. This collaboration aims to enhance the digital insurance landscape by providing streamlined access to AmTrust's small commercial products through the innovative mShift Marketplace, with cyber insurance being the initial offering.
Enhancing Accessibility in Insurance
Mark Meury, the visionary Founder and CEO of Millennial Shift Technologies, emphasized the importance of this partnership in advancing mShift's mission of simplifying insurance distribution. He stated that, "mShift was designed to transform how brokers and small businesses engage with insurance products." With the introduction of AmTrust's cyber insurance to the mShift Marketplace, brokers can now provide quotes and finalize policies within minutes instead of the traditional days, paving the way for future small-commercial offerings.
Meeting the Demand for Cyber Coverage
AmTrust's dedication to small businesses is evident, especially when it comes to cyber coverage. Led by Senior Vice President Michelle Ingrassia, the AmTrust cyber team has been rapidly expanding its services. Ingrassia pointed out that small businesses are particularly at risk of cyber threats, stating that, "Partnering with mShift allows us to meet small businesses where they operate—online—and ensure they receive essential cyber protection through a seamless digital experience." This focus on small businesses reflects a growing recognition of their unique challenges in the digital age.
About Millennial Shift Technologies
Millennial Shift Technologies operates the mShift Marketplace, a cutting-edge digital distribution platform that connects insurance carriers with agents and small business buyers. Mark Meury, the driving force behind mShifttech, brings over twenty years of technological expertise to the company. The platform leverages automation and APIs to make the process of obtaining insurance swift and user-friendly, allowing small businesses to easily access the coverage they need.
About AmTrust Financial Services
AmTrust Financial Services is a distinguished multinational insurance holding company known for its innovative property and casualty insurance products. Although headquartered in a major metropolitan area, its impact is felt nationwide. The company specializes in various offerings, including workers' compensation, general liability, and cyber insurance, presenting a comprehensive suite of options for businesses seeking reliable coverage.
Frequently Asked Questions
What is the focus of the partnership between mShifttech and AmTrust?
The partnership centers on introducing AmTrust's small commercial products, initially offering cyber insurance through the mShift Marketplace.
What benefits does the mShift Marketplace provide?
It streamlines the insurance process, allowing brokers and small businesses to quote and bind policies in minutes, enhancing access to necessary coverage.
Who leads AmTrust's cybersecurity initiatives?
Michelle Ingrassia, the Senior Vice President, oversees AmTrust's cyber team, which focuses on expanding coverage for small businesses.
What technologies does mShifttech utilize?
mShifttech employs automation and APIs to simplify the insurance quoting and binding process, making it more accessible for users.
What type of insurance does AmTrust offer?
AmTrust offers various insurance products, including workers' compensation, business owners policies, general liability, and cyber insurance, catering to diverse business needs.
