ENGLEWOOD CLIFFS, N.J., July 30,
2024 /PRNewswire/ -- Input 1, LLC (Input
1) and iBynd, LLC (iBynd) have teamed up to offer a
digitally-embedded insurance, billing and payment solution for the
insurance industry. iBynd, an Insurtech provider that has been
growing steadily since its inception in 2019, and Input 1, a
leading digital billing and payments firm for over 40 years, have
teamed up to provide an end-to-end, one of kind digital purchasing
and payment experience for insurance companies, MGAs, brokers, and
retail agents.
"Digital transformation in the insurance market is occurring at
a blistering rate, as more and more insurance distributors seek a
highly configurable, branded experience that can be implemented
with one simple line of code, not years of development," said
Phil Friedman, CEO of iBynd.
"The combination of iBynd's rate, quote, bind solution with Input
1's billing and payment flexibility at the point of sale provides
insurance distributors and customers with an easy-to-understand
purchasing process that completely digitizes the
quote/bind/purchase process within minutes. All within one
instance."
One of the challenges for insurance carriers, MGAs, and retail
agents, is meeting the ever-increasing demand of customers looking
for self-service and easy-to-use digital platforms to price and
purchase insurance without complication or time-consuming
steps.
"The combined offerings of iBynd and Input 1 create a
unique buying experience for policyholders while simplifying the
time-consuming and often confusing and costly steps for
carriers, MGAs, and retail agents. Now the entire online journey
can be completed easily and without the worries of having to
connect and integrate disparate applications that take a lot of
time, money, and resources," said Chris Farfaras, Executive
Vice President and Chief Sales Officer of Input 1.
About iBynd
iBynd is an insurance technology company licensed in 50
states. With a strong technical backbone, marketing experience and
proprietary distribution solutions, iBynd makes it easy
and fast to rate, quote and bind insurance online in real-time,
delivering "A" rated insurance and peace of mind to clients and
customers. The company was created by passionate insurance
professionals, engineers, and marketing executives with one goal in
mind: to combine insurance and technology to deliver a dynamic
product that truly protects customers.
Follow iBynd at linkedin.com/company/ibynd/.
About Input 1
Input 1 is a leading provider of
tech-enabled solutions for the insurance industry with a proven
track record of successfully managing $16
billion in annual insurance premiums across platforms for
over 2 million unique annual users. Input 1's solutions streamline
billing, payments, and premium finance to make insurance management
efficient and hassle-free. For more information, please visit
www.input1.com.
Media Contact:
Ryann
Checchi, Interdependence Public Relations
(708) 420-4776
381026@email4pr.com
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SOURCE Input 1