The corporate’s guide was purchased for $5.5 million
Goosehead Insurance coverage has bought Vivint Sensible House’s insurance coverage guide of enterprise, which incorporates greater than 15,000 insurance coverage insurance policies, for $5.5 million in money.
The deal is a part of an earlier settlement between Goosehead, an impartial private strains company, and Vivint, a sensible dwelling tech firm.
“Client schooling and an distinctive shopper expertise are on the coronary heart of what we do at Goosehead,” stated Justin Ricketts, govt vice chairman, expertise and partnerships at Goosehead, on deal announcement.
“We wish to prolong our new purchasers a heat welcome to the Goosehead household and sit up for giving them the perfect service and care within the business.”
Former Vivint purchasers will even be capable of entry Goosehead’s digital agent platform for quotes. The Westlake, Texas-headquartered company represents over 150 insurers that present private and small industrial protection.
Goosehead and Vivint enter ‘strategic partnership’
In April, Insurance coverage Enterprise revealed that Vivint Sensible House had abandoned its insurance agency following its sale to NRG Vitality. The corporate would as a substitute pursue its insurance coverage technique by means of a partnership mannequin, it confirmed.
“As a way to effectively scale, we’re transferring to a partnership mannequin to make the expertise extra extensively accessible,” a Vivint spokesperson instructed Insurance coverage Enterprise.
Earlier this month, Vivint and Goosehead introduced their strategic partnership, with the previous providing its good dwelling expertise merchandise to the latter’s insurance coverage purchasers.
Ricketts stated Goosehead plans to increase its partnership with Vivint by means of joint choices by means of a wider selection of carriers.
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