InsuranceNoodle.com will use the financing to expand its business nationally, offering small-business owners online comparative quotes and fulfillment from the nation’s top insurers, including The Hartford, ÌìÃÀÍøÕ¾´«Ã½´«Ã½, CNA, St. Paul and Zurich U.S.
Customers fill out an application, receive bindable quotes in 24 hours or less and can buy their policies online. In addition, they have access to real-time advice from licensed, impartial insurance agents through either online chat facilities or a toll-free number, seven days a week from 7 a.m. to 11 p.m.
Upon purchasing a policy, customers are provided with their own web page where they can manage policy changes, obtain certificates of insurance and initiate claims online 24 hours a day. InsuranceNoodle.com is led by Don Urbanciz, the former president and managing director of Marsh Midwest; Robert Rudy, chairman and co-founder, a former McKinsey consultant and group vice president of corporate strategy at CNA; and Richard Madock, the former president of CNA’s $1.2 billion small-business insurance division.
In addition, InsuranceNoodle.com is supported by an experienced marketing staff, technology group and customer service organization.
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