Citi Selects Covr to Simplify Life Insurance coverage Course of for US Client Wealth Administration Enterprise

Covr’s digital platform improves the advisory expertise and shopping for journey for patrons

New York, September 22, 2022 /PRNewswire/ — Covr Monetary Applied sciences (Covr) is collaborating with Citi to assist its US monetary advisors and shoppers extra successfully combine life insurance coverage and long-term care protection into their monetary plans. Utilizing Covr’s platform, Citi advisors and shoppers can entry prime insurance coverage carriers on a easy foundation.

“We could not be extra thrilled to associate with a big, world monetary establishment like Citi,” mentioned Covr CEO Michael Kallen. “Our insurance coverage platform is definitely accessible for Citi’s workforce of consultants to make use of whereas providing safety merchandise to their shoppers, and our workforce of insurance coverage specialists assists all through the method. Our purpose at Covr is to make sure It is that everybody has quick access to an insurance coverage answer. They want it, and this can be a large step in the direction of working in the direction of that purpose.”

“Covr was capable of work with Citi to combine their advanced necessities into one easy-to-use digital insurance coverage platform,” mentioned Ron Alexander, Covr President and Head of Innovation. “Simplifying the advanced is what we do daily, and the power to collaborate with a number one agency like Citi has allowed us to take our know-how to a fair wider viewers. This additional strengthens Kover’s digital insurance coverage know-how and companies. Ranks as a number one supplier of monetary establishments.”

Trying forward, Citi is exploring methods to develop the providing to further channels sooner or later.

About Covr Monetary Applied sciences

Covr companions with monetary manufacturers to offer life insurance coverage options to its clients in an environment friendly, easy-to-use method that streamlines the method of promoting and shopping for insurance policies. Covr provides a alternative of dependable life insurance coverage merchandise from main insurance coverage carriers, a simple option to evaluate charges and the power to buy insurance policies in minutes. By means of its digital insurance coverage options, Covr helps monetary establishments ship an immersive expertise beneath a model that their clients already belief. Covr at the moment serves over 30,000 monetary advisors and over 40 million shoppers in over 30 monetary establishments. Extra data is offered at, or comply with Covr @covrtech and on LinkedIn.

Supply Covr Monetary Applied sciences, Inc.

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