Fenix
Founded in 2017 by the Hundal family, Fenix Risk Management is a retail independent insurance agency, based out of Alpharetta, GA with 8 Insurance Advisers licensed in 10 states. With its purpose “to Build & Rebuild,” Fenix has supported small business clients in various stages, from starting new ventures to selling their assets. Fenix is investing in future-looking retail InsurTech to support ease-of-doing-business for the next generation of leaders. While the premium goal associated with this project represents <1% of our Book of Business, retail InsurTech is an important strategic project in which Fenix leadership is invested.
By the end of 2021, Fenix aims to have sold 30,000 in Business Insurance premium via this InsurTech website.
Industry
Next Insurance, BiBerk, Hiscox, and THREE by Berkshire Hathaway, are just a few of the insurers that pop up when a prospective business insurance client searches for business insurance. The insured’s expectation for sales experience is shifting. We are interested in capturing this market shift, iterating on our InsurTech offering, and outpacing the competition. The ability for prospects to self-sufficiently obtain a quote in minutes is a great offering and step towards this end.