Limit Launches Bridge
Today we announce Bridge, a digital platform that allows insurance brokers to instantly quote commercial lines with their appointed carriers in just one application.
Today we announce Bridge, a digital platform that allows insurance brokers to instantly quote commercial lines with their appointed carriers in just one application. Bridge allows brokers to be the broker of record, and keep their commissions and amendatory endorsements – quoting directly with the carrier and no intermediary – all leveraging the strengths of Limit’s digital connectivity. Bridge is designed to give any broker state-of-the-art digital capabilities while continuing to develop the strong carrier relationships that have been crucial to their success.
At Limit, we have traditionally operated as a digital wholesale broker, with an expert brokerage team to sit in-between retail brokers and carriers. We’ve heard clear demand from retail brokers for our software to allow them to connect directly with their carriers so they could maintain their direct relationships: Bridge is our answer.
We are delighted to make insurance transactions faster and easier by enabling brokers to leverage Limit’s proprietary platform for their direct placements. Furthermore, when a broker’s appointed carriers can’t get the deal done, Bridge enables brokers to easily connect with Limit’s wholesale division to get complex placements over the finish line.
“At Limit, we always speak about being the one-stop-shop. We want to be the only platform that a broker ever has to use to get a deal done. Bridge is a big part of that: it enables brokers to use our platform to quote directly with all their appointed markets, in just a few minutes. That’s amazing. And when the appointed markets can’t quote? Well, no worries, because Limit still has a wholesale division, so we can step in and turn the deal over to another 45 markets. That is a hugely powerful experience for any broker. Whenever they put a deal into Limit, not only are they going to save hours, but it’s the only time they ever need to enter any data. Bridge complements our wholesale offering, such that we are the one-stop-shop, from direct market access and comparative quoting all the way to E&S specialty placement. We are enormously excited for our customers.”
– John Loeber, CEO of Limit
Bridge has launched with initial partners for Cyber, Tech E&O, and Misc E&O. We love to see our partners succeed as we build the future of insurance. As always, if you have any questions about Limit or our new Bridge offering, feel free to get in touch with our team at retailers@limit.com. Stay tuned for more.
Limit AI is here to revolutionize your workflow.
Limit has built the State of the Art AI for insurance. Limit AI will summarize and compare your quotes, run your surplus lines taxes and fee calculations, identify coverage deficiencies, and do what you need to get your job done. Limit AI is extremely well-versed in all lines of P&C and highly skilled at analyzing your policies & quotes.
Our AI Assistant is built on Limit’s years of expertise as a commercial insurance wholesaler with hands on experience in all lines of P&C. Limit AI answers questions, drafts emails, and compares quotes & policies with substantially more rigor and attention to nuance than any other competitive AI product today.
Ready to get started? Join the waitlist by visiting limit.com/ai or email us at contact@limit.com.