Quoting Platforms - Commercial Lines

Tarmika

QUICK STATS

Q&A with Tarmika

Headquarters:

600 Unicorn Park Drive, Woburn, MA, 01801, United States 

 

Company website: tarmika.com 

 

Number of employees: Under 50 

 

Area of operation (States): National 

 

Number of unique products: 2 

 

What category best fits your products?  

Rating System (PL & CL) 

 

What is the name of your product/service? 

Tarmika Bridge 

 

What do you consider your core business? 

Small Business Commercial Lines Comparative Rating Solution  

 

How does your solution help independent agents/brokers? 

Tarmika is a single-entry solution designed to help independent agents expand distribution channels, gain new business, and provide enhanced customer experience. 

 

Lines of business offered in platform:

BOP, General Liability, Package, Workers Comp, Cyber, Commercial Auto 

 

Features:

Tarmika uses API technology which allows users to enter their quoting data in Tarmika once, submit to multiple carrier APIs at once, and then receive quote responses back in under 60 seconds. 

 

Current number of insurance agency customers: Under 2,000 

 

If your system integrates with other platforms, CRMS or AMS, which ones and how? 

Better Agency, Agency Zoom and Neon to allow agents to pass data easier, and minimize duplicate entry. These integrations are API based.  

 

Inventory:

We are integrated with Acuity, Andover Companies, Arbella, CNA, Chubb, Employers, Chubb, Hanover, Liberty Mutual, Markel, Norfolk & Dedham, Quincy Mutual, Grange, Nationwide, Integrity, Westfield, Amtrust, MAPFRE, Travelers, State Auto, Cowbell Cyber, and Coterie.
Note: the carriers’ availability varies per state and product line. 
 

 

State(s) where premium quotes are available: 

We are able to quote in all states which our carriers support. Right now, we do not have carrier availability in Hawaii or Alaska. 

 

How can clients access support? 

Each client is assigned a Customer Success Manager who will be their point of contact throughout their subscription. We also have a generalized HelpDesk phone and email. 

 

Does your system pre-fill data prospect?  If yes, what data is available? 

We have some CRM integrations where users can pass the first few pages of data from their CRMs to Tarmika to pre-fill. 

 

Can the agent email a proposal from within the system to their client? 

Some carriers have the capability to download a PDF quote proposal in Tarmika. The agent could download this within our system then send an email to the client outside of Tarmika.  

 

Do you provide a coverage comparison between companies? 

No, we display the quote per line and the carrier can leave a message on if there are any additional endorsements or limitations to the price. When we add in umbrella, this will be differentiated.  

 

Does your platform integrate with any agency management systems? 

For AMS system integrations, we have talked with a few partners but do not currently have the capability available.  

 

Do you allow real time consumer facing quoting?  

We have a real time consumer facing portal, Tarmika X. This is an offering to an agency where they could customize this portal to their brand and embed on their site. The users would input data similar to how the agent would and then at the end the quote flow, the users could be presented a quote response. The agent would then login to their Tarmika portal to access this quote data and bridge to the carrier portals to bind. 

 

Do you offer a customer facing portal? 

Tarmika X through an agency. 

 

Does your system have the capability of importing schedules (vehicles, location) to prefill fields?  

No. 

 

Do you offer application bundling? 

A user can select BOP, Workers Comp, and Commercial Auto to streamline the quoting process by only entering the data once.  

 

Are class codes built in? 

We partner with AskKodiak to have an interactive search bar for class codes. They map carrier proprietary codes, SIC codes, and NAICS codes back to NAICS 2017. 

 

What type of platform does your system run on?

Web-based. 

 

How much does your service cost? 

Standard costs for agencies is $300/month for 3 users. Each additional user is $25. There are not currently any initial set-up, training or annual fees. 

*Subject to change, refer to provider for latest pricing information.

 

Is your platform available through state associations or other endorsement programs?  

No. 

 

Current industry partnerships? 

Neon, Aureus, Agency Zoom, and Better Agency along with our carrier partnerships.

 

What is the best way for agents to find out more about your solution? 

tarmika.com or contact us directly at support@tarmika.com