Insurance companies are great at a bunch of things. Two things they’re great at are underwriting and administering contracts so consumers can protect the things they care about. Insurance companies have also produced some of the most brilliant and memorable marketing campaigns ever — any business could learn a thing or two from them. However, developing and deploying awesome B2B software is not an area in which insurers excel. Sorry, guys.
But that’s okay, because Clyde is great at that, and the software we develop is engineered to allow insurers to remain focused on their strengths while increasing their access to new streams of revenue. As it stands, only the biggest retailers have the reach to partner with insurers in order to offer extended warranties to their customers. While companies like Apple, Amazon, Best Buy, and Walmart provide insurers a ton of business, the market for extended warranties is still largely untapped.
The software we develop is engineered to allow insurers to remain focused on their strengths while increasing their access to new streams of revenue.
Clyde adds value to this market by doing the heavy lifting in order for insurers to be able to offer their services to businesses that were previously difficult to reach. Clyde’s technological infrastructure connects contracts insurers underwrite and administer to products that need protection, at scale.
When insurers partner with Clyde, they gain access to millions of products from thousands of retailers that need coverage.
Insurers can stick to underwriting, retailers can stick to selling products their customers love, and Clyde will make the entire process of offering extended warranties seamless and passive.