Partner News

Westbury, NY and East Windsor, CT (May 4, 2022) – In a major move to advance its service and product offerings for members, Jovia Financial Credit Union, one of Long Island’s largest and leading credit unions, recently partnered with Insuritas, the nation’s only full-service digital insurance agency platform to design, launch and manage the delivery of comprehensive insurance services for Jovia’s 209,000 members. The new embedded insurance agency, a credit union service organization (CUSO), will be wholly owned by Jovia Financial Credit Union. The insurance services platform and offerings are projected to launch in Q3 2022. The agency will be designed to offer personal, commercial, and ancillary insurance products, building upon Jovia’s expanding, digital-first model.

“Innovation and value are two cornerstone pillars we strive to attain when developing strategic planning and new product offerings. We do a deep dive into discovery to assess member-need, and we determined that by creating a CUSO, we could successfully bring insurance services to our members at competitive market rates,” Jovia Financial Credit Union President and CEO John Deieso explained. “Through Jovia Insurance, we can provide a variety of insurance coverage by leveraging the Insuritas innovative digital agency platform. The value we provide we provide to our members is new cost-effective options that better position them to work toward their financial goals and mitigate risks. Affordability, easy access, convenience, and quality of insurance offerings are some of the many benefits this new digital insurance agency will provide.”

Jovia Insurance Services will include more than 40 carrier partners and will offer products such as home, renter’s, auto, business, pet, identity theft, travel, cyber and professional liability insurance, among many others.

“Jovia Financial Credit Union is a forward-thinking credit union with leadership that keeps members interest in mind at all times. We are working diligently to custom design, launch, and then manage this full-service, exclusive insurance agency for the credit union and its members,” said Insuritas Chairman and CEO Jeffrey Chesky. “Through our relationship, the credit union will provide simple, seamless access to competitive insurance options to meet members’ insurance needs. This will be done with a focus on delivering the right coverages at the right price at the right time.”

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