Trellis Adds Homeowner Insurance to Savvy, Industry Leading Embedded Insurance Marketplace – InsuranceNewsNet and Other News

Published by
Peter Kavinsky

San Francisco, California (PRWEB) September 20, 2022

Trellis, the company leading the fundamental change in how businesses and consumers interact with insurance, today announced the launch of revolutionary new capabilities for Savvy, its embedded insurance marketplace. In addition to simplifying the auto insurance process, Savvy has brought its industry-leading digital capabilities to homeowner insurance. With these new enhancements, Savvy is now able to recommend the best coverage at the best price for single home insurance as well as home and car insurance combinations.

Trellis helps its partners integrate insurance as part of their financial offering suite, offering a fully built-in and verified shopping experience. In December 2021, Savvy became the first end-to-end API solution to enable consumers to instantly search and purchase auto insurance within an app or partner website. Using only their insurance login, consumers can compare their existing policy with potential alternatives in a transparent, parallel manner. Consumers also have the option to purchase a different plan and cancel the old one on the same optimized platform.

Power users now have three potential options when purchasing personal insurance: monoline auto, monoline home, or home plus auto packages. In addition to searching for package insurance from the same carrier, users can also take advantage of curated “agent packages” – a key differentiator. With agency packages, users can mix and match home and car policies from different carriers to find the best value for money. On average, consumers saved more than $700 per year for auto insurance only with Savvy. Trellis expects this number to increase significantly for users who have taken advantage of the new bundled insurance. Trellis Partners will also benefit from higher user conversions among homeowners and increased revenue due to higher customer lifecycle value.

“The launch of homeowner insurance is a game-changer as it allows us to create much more value for the two-thirds of US households that own homes,” he said. Daniel Demetri, founder and CEO of Trellis. “For our partners, Savvy can provide an even more holistic approach to their clients’ insurance needs. In addition, this launch greatly expands our pool of potential partners, including technology companies in mortgage lending, home security, utilities, and many other home-related fields.”

About the grid

Trellis offers best-in-class secure digital solutions to help consumers get the most out of their insurance. The company makes it easier and safer for insurance and non-insurance companies to engage and delight customers with streamlined personalized experiences, offers and services. Savvy, Trellis’ end-to-end personal insurance search, comparison and purchase platform, is the industry’s first and only solution to enable partners to create a fully native insurance experience. Trellis Connect is a new P&C prefill solution that accelerates digital customer acquisition. Investors in Trellis include QED Investorsgeneral catalyst, New York Partnersas well as Amex Ventures. For more information visit

ContactAaron Tabela

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Peter Kavinsky

Peter Kavinsky is the Executive Editor at

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