Insurtech Leadership Podcast’s Post

Transcript

The goal was at the age you can now walk their time through a very dynamic gold discovery. We have an insurance of that comparison code data that allows the agent to pull up all different products and compare them in real time in front of their clients. All goal is to basically educate your clients with different comparison tools like Unfortunately, the industry is slightly OK when I try to explain how a product works to our clients are using illustration. An illustration isn't dynamic whereby we've both are dynamic platform that allows me to truly explain what allows an agent to truly explain to their. Mines have products work in different titles being the day should consider and then how their choices impact prior recommendation with product performance. So Alex Allah and we are actually focusing on life insurance sales and distributions. So we built an AI platform that helps agents itself faster and better. And the way that we do it is we start from the initial intake all the way to get a field underwriting offers in less than 10 minutes. That way you keep your butter applications, minimize the turn around and get the. About your clients. So that's what we do here, that's your last things in common. I mean from technical perspective, for example, like a document processing, we actually see a lot of challenges very similar how do we handle PDF file, how we extract the data from tables embedded in the PDF. So this is the particular areas, very interesting areas. So we can apply generally take a brand new approach to solve the problem and we want to build this prior part most solutions are going to. To the carrier, going direct to the carrier, and that's great. But as an independent agent, right, which I think is about 6065% of the industry, you're not selling 1 carrier, you're selling 5/10/15 different carriers on an annual basis. And sometimes they rotate and not all those carriers are the same text acts, have the same capabilities, and it makes it extremely challenging. And So what we're doing at the individual agent level is an independent distribution level is giving them the ability to have the same experience. Regardless of where they go.