InsurTech startup Clearcover expands its insurance API offerings
Clearcover, a new smarter car insurance company backed by some of the most respected names in the industry, announced the expansion of its API offerings. Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology coupled with their dedicated Customer Advocate team ensures a quality experience.
With the API, companies such as automotive shopping sites, car manufacturers, price comparison engines, online retailers, financial service providers and relevant consumer technology platforms can now complement their offerings with the addition of Clearcover car insurance. Customers will enjoy the ease of purchasing a Clearcover policy online, competitive pricing, reliable service and claims support, and helpful mobile app.
Founded in 2016 by Derek Brigham and Kyle Nakatsuji, Clearcover is a smarter car insurance choice. they deliver the right coverage and help customers pay less. Unlike traditional insurance companies who spend billions of dollars per year on advertising using the money you pay in premiums, Clearcover saves you money by only talking to you about insurance in moments that matter – like when you’re buying a car or shopping for better insurance rates. So with Clearcover, you get the same great coverage as Big Insurance, for up to 50% less per month. The company also partners with insurance companies and reinsurance companies that have over $200 billion in assets and are rated A- (Excellent) by A.M. Best*, ensuring customers can choose Clearcover with confidence.
“Selling auto insurance is a complex process. That’s why the industry has been relying on the same distribution methods for the last 30 years. Unfortunately, those methods have failed to keep up with rapidly changing consumer behaviors,” said Adam Fischer, VP of Product at Clearcover. “We designed our APIs with two goals in mind: help make the purchasing process easy and cost-effective for our customers, and help make the integration process seamless for our partners so they can easily tap into the $231 billion US auto insurance market.”
The expanded API offerings are the latest example of Clearcover’s smart technology making car insurance more convenient and affordable. The Clearcover API platform dynamically automates key portions of the insurance process including the data collection, price viewing and changes to coverage elections.
The API options in order of integration depth include:
- SmartLink – Partners of all types are able to pass basic data via URL instead of an API call, allows for a landing page experience.
- Lead API – Allows partners from various industries outside insurance to share data and present Clearcover directly to their customers before they transfer over to complete the purchase.
- Quote API – Partners gather all necessary data on their side to receive back a Clearcover auto insurance quote before the user completes the final purchase steps within the Clearcover environment.
Earlier this year, Clearcover first tested Quote API before launching SmartLink and Lead API. The company is currently working with twenty various types of partners across the automotive, insurance and financial services industry. Backed by one of the world’s biggest reinsurers and built for modern drivers, the Chicago-based Clearcover makes it easy to get reliable car insurance in minutes.