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September 12, 2019updated 13 Sep 2019 3:09pm

Insurtech Apollo forays into US market with Gallagher and Beazley

Canadian insurance marketplace Apollo Insurance Solutions has forayed into the American market in collaboration with Gallagher and Beazley UK.

It has rolled out a liability insurance product for counsellors in California.

Underwritten by Lloyd’s of London syndicate Beazley UK, the insurance policy enables consultants, instructors, and therapists to buy their liability coverage mandated by their school district.

Apollo has selected Arthur J. Gallagher’s subsidiary Jigsaw to distribute the coverage.

Counsellors can instantly get a quote, buy the insurance using their credit card through the Apollo Exchange. Subsequently, the policy is emailed to the insured in real time.

Apollo CEO Jeff McCann said: “This is a global supply chain: insurance capacity from Lloyd’s of London syndicate Beazley UK, distributed by American-based brokerage Arthur J. Gallagher, and powered by Canadian insurtech Apollo.

“When one of these providers shows up at a school, they need this coverage. Rather than waiting for weeks, unable to work while their insurance documents are processed, or not being able to access coverage at all, the Apollo Exchange allows them to buy coverage immediately, on site from their mobile phone if necessary, with policy documents delivered to their email inbox in real time.”

McCann praised Tim Jaggs at Jigsaw saying that it was Jaggs who recognised the need and worked to develop this custom product. He collaborated with Gallagher, and together they launched Jigsaw.

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