IRYS Insurtech

🌟 Unlocking the Potential of GenAI in Insurance Distribution! 🌟 In the latest episode of Insurance Unplugged, Lisa Wardlaw sits down with Tamara M. Milne, Chief Digital Officer at Acrisure to explore how Generative AI (GenAI) is transforming the insurance industry. Tamara shares actionable insights on data, AI strategy, and customer personalization that can reshape the way agencies operate and deliver value. 🌐 Key Takeaways from Tamara’s Vision: 1️⃣ AI for Continuous Evolution: GenAI moves beyond automating inefficiencies—it continuously adapts, enabling long-term transformation rather than short-term gains. 2️⃣ Data Quality is Foundational: AI is only as strong as the data it’s built on. Master data management is critical to unlocking AI's full potential. 3️⃣ Augmenting Human Insight: AI tools should empower agents, fostering trust and collaboration between technology and human expertise for superior customer experiences. 4️⃣ Scalable Solutions Across Portfolios: Success lies in a bottom-up approach, aligning foundational systems first to enable consistent and scalable AI implementations across diverse networks. 5️⃣ Behavior-Driven Personalization: By blending AI insights with behavioral psychology, agencies can craft customer journeys that truly resonate, building trust and loyalty. 🔄 Why This Matters: With GenAI, enterprises can transition from reactive to proactive strategies—enhancing efficiency, improving customer relationships, and driving growth. 🎧 Ready to discover how GenAI can transform your insurance distribution strategy? Tune in to the full episode with Lisa and Tamara now! 👉 Listen here https://lnkd.in/e8Rar4WP #IRYSInsurtech #GenAI #InsuranceInnovation #DigitalTransformation #InsuranceUnplugged #CustomerEngagement

🚀 Big News from IRYS Insurtech! 🚀 We’re thrilled to announce that IRYS Insurtech and our visionary CEO, Margeaux Giles, have been honored at the 2024 Global Insurtech Awards for our transformative impact on the insurance industry! 🏆 IRYS Insurtech: Recognized for pioneering SaaS-based interoperability, revolutionizing insurance distribution with seamless collaboration, data transparency, workflow automation, and scalability. 🏆 Margeaux Giles: Celebrated for her trailblazing leadership, bridging industry expertise with tech innovation to deliver people-first solutions. At IRYS, we believe transformation starts with people. From breaking down silos to empowering brokers, agents, and carriers with cutting-edge tools, we’re driving real change—one connection at a time. 🌟 Why it matters: These awards highlight the urgency of innovation in creating a more efficient, inclusive, and tech-driven insurance ecosystem. Together, we’re not just solving today’s challenges—we’re shaping tomorrow’s possibilities. 👉 Dive into the full story and see how IRYS is redefining the future of insurance: Read the blog here https://buff.ly/411SsmJ #InsuranceInnovation #InsurtechAwards2024 #Leadership #InsuranceDistribution #DigitalTransformation

🌟 The Accounting Demo Is Here—Revolutionize Your Financial Operations with IRYS! 🌟 At IRYS, we're reshaping how distribution enterprises handle financial processes with real-time embedded accounting. No more disconnected systems or manual reconciliations—our solution is designed for simplicity, transparency, and efficiency. What Makes IRYS Accounting Exceptional? 🚀 See the Full Picture: From lead generation to settled amounts, track your entire revenue cycle seamlessly. 🚀 Real-Time Insights: Get up-to-date financial views tailored for producers, managers, and accountants—effortlessly. 🚀 Trust Built-In: Embedded traceability on a decentralized ledger ensures every transaction is reliable and transparent. Why Choose IRYS? Our real-time, event-driven framework eliminates inefficiencies, letting you focus on growth while maintaining financial confidence. IRYS aligns every financial event for complete accuracy—without the heavy lifting. 🔍 Demo the Difference! Get an exclusive early look at how IRYS simplifies accounting. From commission calculations to ASC 606 compliance, our embedded solution transforms your operations. 📅 Q1 2025 Launch But you don’t have to wait! Contact us now to schedule your live demo and experience the future of financial management in distribution enterprises. Let’s rethink the possibilities. Contact us for a demo!🌟 #EmbeddedAccounting #DecentralizedLedger #RealTimeFinancials #EventDrivenAccounting #FutureOfDistribution #IRYS

⭐ Feature Friday: IRYS Brings Real-Time Embedded Accounting to Life ⭐ At IRYS, we’re transforming how distribution enterprises manage accounting. As part of our Feature Friday series, we’re thrilled to spotlight one of our core functionalities: real-time, end-to-end embedded accounting. ⭐Why It Matters? With IRYS, you can simplify every stage of your financial process. Here’s how: • See the Full Picture: Track opportunities from the first lead (FORECAST/PLAN) through estimated revenue and finally to settled amounts. • Trust Every Transaction: Gain built-in traceability for all data on a decentralized ledger. • Access Real-Time Insights: Use our comprehensive reporting views designed for producers, managers, and accountants—no extra effort required. ⭐How is this different? Traditional systems often rely on manual processes or disconnected tools. IRYS eliminates these inefficiencies with: • A real-time, event-based accounting framework for seamless financial operations. • Embedded functionality that ensures all financial views are accurate and up-to-date without additional work. ⭐Why IRYS? Imagine knowing exactly where your revenue stands at every moment—from lead to close. IRYS does the work for you, so your team can focus on growth while having full confidence in their financials. ⭐What’s Next? This is just one highlight in our Feature Friday series, where we’ll be unveiling the full scope of IRYS’s core functionalities. Look out for upcoming features, including decentralized data exchange and AI-powered workflows. ⏰ Get Early Access Our next-level accounting solution officially launches in Q1 2025—but you don’t have to wait. 📬 Contact us to book a demo and get an exclusive early look at how IRYS can transform your operations. Let’s rethink what’s possible in distribution enterprises. #FeatureFriday #EmbeddedAccounting #EventDrivenAccounting #DecentralizedLedger #AIinInsurance #FutureOfDistribution #IRYS

🚀 Exploring GenAI’s Power in Insurance Distribution with IRYS Insurtech! 🚀 In the latest Insurance Unplugged episode, Lisa Wardlaw chats with Brendan Mulcahy, VP of Technology and Innovation Partnerships at SIAA about how GenAI is redefining insurance distribution. This conversation sheds light on how AI is revolutionizing partnerships, enhancing data integrity, and paving the way for scalable growth. Key Takeaways: 🌐 AI-Driven Distribution: GenAI enables agencies to deliver hyper-personalized client experiences, turning data insights into timely, tailored recommendations and solidifying their role as trusted advisors. 🤝 Expanding Partnerships: AI is broadening agency networks, making way for collaborations beyond traditional channels—think partnerships with contractors, realtors, and industry groups for a more robust distribution ecosystem. 🔍 Data Quality = AI Precision: Clean, consistent data is the backbone of effective AI solutions. Quality data means quality insights, helping agencies leverage AI with accuracy and confidence. 📈 Scalable AI Solutions: For large and small agencies alike, IRYS Insurtech’s tools, like the Mesh SDK, embed AI directly into workflows. This enables real-time decision-making in claims, customer service, and more. 🔄 Why This Matters: GenAI is reshaping insurance distribution from the ground up. By focusing on data quality, innovative partnerships, and scalable solutions, IRYS Insurtech empowers agencies to evolve with the demands of an AI-driven industry. Curious about how GenAI can elevate your distribution strategy? Dive into the full conversation with Lisa and Brendan on Insurance Unplugged. 🎧 https://buff.ly/4fyMz4Q #IRYSInsurtech #GenAI #InsuranceDistribution #DataQuality #FutureOfInsurance #Innovation

🚀 Generative AI is transforming the insurance industry, but are we ready to escape "pilot purgatory"? In a recent McKinsey article, industry leaders discussed how insurance companies can leverage AI beyond isolated pilots to create scalable, game-changing solutions. One key insight stood out: "Reimagining domains like claims, underwriting, and distribution isn’t optional—it’s essential for meaningful change." For brokers and distribution channels, this is monumental. AI needs to be embedded into workflows, not bolted on as an afterthought. As McKinsey’s Cameron Talischi notes, "AI must work seamlessly with data and processes to drive meaningful ROI. Misplaced focus on tech alone won’t cut it." At Irys, this is the future we're already building: ✅ Embedding AI into distribution workflows to enable real-time decision-making. ✅ Replacing fragmented systems with dynamic data mastery and insights. ✅ Helping brokers, carriers, and MGAs unlock new efficiencies and opportunities. 📊 But the road to success starts with one thing: data. Poor-quality data means poor AI outcomes. That’s why we combine generative AI with robust data management to ensure AI is empowering, not burdensome. 🔗 The whole conversation on AI’s transformative power is worth diving into. Check out McKinsey’s article (Link in the comments!) 💡 What’s your take? Are brokers and carriers ready to move from "pilot purgatory" to truly transformative AI? Drop your thoughts below ⬇️ #InsuranceDistribution #AIinInsurance #InsurTech #DataDriven

🎉 Celebrating Margeaux Giles’ Leadership and Birthday! 🎉 On this special day, we’re not just celebrating Margeaux Giles, CEO of IRYS Insurtech, for her birthday—we’re also spotlighting her groundbreaking vision for the future of insurance! In her recent interview with Insurance Knowledge Hub, Margeaux shared transformative insights into how IRYS Insurtech is redefining the insurance landscape. She discussed IRYS’ Dynamic Data Exchange and Marketplace, a decentralized solution enabling seamless, API-less data sharing across carriers, agents, and brokers. By breaking down silos, this marketplace fosters collaboration and accelerates decision-making across the value chain. She also highlighted IRYS’ embedded GenAI workflows, which automate critical insurance operations. By integrating GenAI with real-time data processing, IRYS enhances accuracy, speeds up decisions, and empowers your enterprise to stay agile in a competitive market. Margeaux’s leadership is driving the future of insurance innovation—and today, we honor her as both a visionary and a trailblazer. 🎂 📽️ Don’t miss her full interview for more insights: https://buff.ly/3UWjXKk Join us in wishing Margeaux a Happy Birthday and celebrating her impactful contributions to the industry! Drop your birthday wishes and reflections below! #IRYSInsurtech #InsuranceInnovation #GenAI #HappyBirthdayMargeaux #IndustryLeadership

🔐 November Blog is LIVE—AI & Security in Insurance: The Future of Data Integrity at IRYS 🔐 As AI reshapes insurance, security and data integrity are critical. At IRYS Insurtech, we’re pioneering an AI-driven approach that not only enhances operational workflows but also ensures that data is secure, trusted, and ready for real-time decision-making. Lisa Wardlaw explains how we’re setting new standards in AI and security: 🔹 Tamper-Proof Databases Trustworthy AI requires dependable data. Our tamper-proof databases protect every piece of information, giving enterprises a secure foundation to make informed decisions in marketing, claims and fraud detection. 🔹 Interoperable, Scalable AI Our solution seamlessly connects across Web2 and Web3, enabling interoperability across legacy and modern systems. This approach ensures that AI insights are accurate and actionable, breaking down silos for an ecosystem where information flows freely. 🔹 Embedded AI Workflows With real-time, AI-embedded workflows, IRYS empowers insurers to drive efficiency and customer satisfaction by embedding insights directly into operational tasks. From claims processing to customer service, AI is always at your team’s fingertips, naturally integrated into every step. 🔹 HTAP: Real-Time Transactions and Insights Hybrid Transactional/Analytical Processing (HTAP) enables real-time data analysis and transactional processing. It’s a game-changer for insurance companies who need to respond quickly to evolving situations, like fraud or customer inquiries. At IRYS, we’re more than just tech—we’re building an AI-secure future for insurance. Read all about it here:https://buff.ly/40SuxpM #AI #Security #InsuranceInnovation #DataIntegrity #FutureofInsurance #IRYS

🚀 AI’s Value in Insurance Distribution: A Game-Changer! 🚀 The numbers are in: AI is redefining insurance, especially distribution, in ways we can’t afford to ignore! Here’s what Boston Consulting Group (BCG)’s latest report reveals: 📊 Up to 40% increase in productivity across distribution channels with automation, letting agents focus on client engagement over admin tasks. 🌐 Customer Retention Boost: Personalized AI insights improve customer retention rates, driving loyalty by meeting specific needs. ⚙️ Efficiency Gains: Some insurers have cut operational costs by 20-30% using AI, freeing resources for more impactful growth. Curious about how AI can transform your operations? Dive deeper into BCG's findings specific to insurance on Page 13- Link in comments! #InsuranceInnovation #AIinInsurance #FutureOfInsurance #ProductivityBoost

🚀 Unpacking GenAI’s Impact on Insurance Distribution with IRYS Insurtech! 🚀 In the latest episode of Insurance Unplugged, Lisa Wardlaw Wardlaw and Gary Hoberman CEO of Unqork discuss how GenAI and no-code technology are reshaping insurance distribution. This conversation unveils a transformative path for the industry, moving beyond legacy systems and unlocking new efficiencies. Key Takeaways: 🌐 Bridging Tech Gaps: GenAI and no-code solutions offer insurers a cohesive, data-driven distribution system, enabling brokers, agents, and carriers to work seamlessly across the value chain. 🌐 No-Code Innovation: Hoberman explains how no-code platforms empower teams to allocate more resources to innovation rather than maintenance. This shift lets insurers meet evolving customer needs with agility. 🌐 Eliminating Redundant Data Entry: GenAI can help achieve a “one-entry-only” approach, reducing duplicative data entry and boosting operational efficiency across distribution networks. 🌐 AI Fulfillment Center: Imagine AI as your team’s virtual assistant, streamlining underwriting, policy issuance, and compliance for a more agile insurance ecosystem. 🔄 Why This Matters: Legacy systems often hinder innovation. With GenAI and no-code frameworks, insurers can prioritize clean, timeless data—a foundation for scalable, future-proof systems. Curious about how GenAI can elevate your distribution strategy? Tune in to the full discussion with Lisa and Gary on Insurance Unplugged 🎧 Listen here https://lnkd.in/eAPjFv4V #IRYSInsurtech #GenAI #NoCode #InsuranceTransformation #InsuranceDistribution #CustomerEngagement