Doherty Insurance and Surround Insurance Announce Agency Appointment
Doherty Insurance and Surround Insurance are pleased to announce a distribution partnership to sell insurance starter packs designed for Millennial and Gen Z consumers.
Doherty Insurance has selected Surround Insurance to offer its innovative insurance product that fills the gap for consumers between college graduation and a first major purchase like a car or home. The Surround Insurance Starter Pack covers common risks faced by asset-lite consumers in their 20s and 30s. The first product includes coverage for driving rented or borrowed cars, biking, renting an apartment, and freelancing for 1099 income.
Sheila Doherty, President of Doherty Insurance, states, “We are thrilled to partner with an innovative insurtech company like Surround Insurance. For young people, there are so many different types of insurance decisions to make. Surround Starter Packs make it easy for them to get exactly what they need to be properly covered for driving, renting, and freelancing. I love to see the insurance industry using technology to offer these types of solutions for future generations.”
Jay Grayson, Surround’s CEO further comments, “We're proud to announce our partnership with Doherty Insurance. Founded in 1934, the agency has been a beacon in the Andover community for nearly a century. We've seen how Sheila and her team embrace technology to keep up with changes in customer expectations, and we're excited to provide an insurance product that will bridge the gap to their next generation of clients.”
Surround Starter Packs represent a new category of lifestyle-based insurance. The coverages are matched to the types of activities that today’s consumers are doing and offered in a fast, simple, and accessible subscription-based product.
About Doherty Insurance: Headquartered in Andover, Massachusetts, we’re a family-owned and operated insurance agency that has made serving the needs of our clients our #1 priority for more than 80 years. While a great deal has changed since 1934, our commitment to our clients and community has never changed. We are dedicated to maintaining our family motto for the agency, “person to person people,” and to providing personal service to our clients
About Surround Insurance: Surround Insurance is the first insurtech startup redesigning insurance products for modern lifestyles. The Company’s initial product is an insurance starter pack that fills the gap between college graduation and the first major purchase of a car or home. Surround distributes products through a network of local independent agents. Surround Insurance is a managing general insurance agency based in Cambridge, MA.