Monoline is an instant quoting and renewals platform that streamlines the placement of personal umbrella insurance policies for independent agents. The platform generates quotes across multiple coverage levels, automates policy binding and renewals, and integrates with agency management systems to reduce manual work. It offers $1M–$5M excess liability limits with optional UM/UIM coverage, and is available in 47 states.
Funding
Funding not disclosed
Founders
Product
Problem
Insurance agents placing personal umbrella policies often face slow, cumbersome quoting and binding processes that involve lengthy applications, delayed underwriting responses, and outdated software. These inefficiencies frustrate agents and their clients, leading to lost business and coverage gaps.
Solution
Monoline provides a modern, agent-focused platform that simplifies the entire personal umbrella placement process—from quoting and binding to renewals and endorsements. The platform enables agents to generate quotes for multiple coverage levels instantly, share polished proposal PDFs with clients in seconds, and process payments online. Real-time endorsements and automated renewals reduce manual work, while API integrations with agency management systems sync data automatically. Monoline also offers real human support from insurance professionals and a SimpleSwitch book roll program to make carrier transitions easy.
Target Audience
Primary customers are independent insurance agencies and brokers who need a faster, more efficient way to quote, bind, and manage personal umbrella policies for their clients.
Features
- Instant quote generation for multiple coverage levels with single-point data entry and same-day underwriting response
- Automated PDF generation for pricing options and proposals, ready for immediate client sharing
- Secure online payment processing with automated reminders and real-time tracking
- Real-time endorsements and automated policy renewals to maintain continuous coverage
- API integrations with agency management systems, including Ivans Download, for instant data syncing
- Robust search and reporting tools for quotes, policies, endorsements, and commission tracking
- Coverage sits on top of any underlying policies from carriers rated B+ or better, accepts auto limits of $250k/$500k/$100k, and includes options for short-term and long-term rentals