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Tuesday, December 24, 2024

FatBrain AI and Appulate group as much as support insurance coverage carriers


FatBrain AI and Appulate group as much as support insurance coverage carriers

FatBrain AI’s distribution associate Appulate gives software program that digitises insurance coverage transactions throughout company brokers distribution/MGA and service programs over 18 years.

Moreover, it reaches almost 300,000 customers at 35,000 businesses, linked with 150 carriers. Additionally it allows 240,000 insurance coverage requests per yr with over $3bn in premiums per yr.

FatBrain AI launched its newest product IntellAgent Advisor, a gross sales enablement software for brokers. The answer aligns and enhances the underwriting data, the agent-client expertise and FatBrain’s present innovation ecosystem.

“With IntellAgent Advisor, our shoppers now get ‘on the spot’ evaluation of the insurance coverage dangers and really useful coverages for 700 completely different industries,” mentioned Dimitri Nikouline, CTO of Appulate. “It offers them the much-needed benefit in a extremely aggressive panorama – to develop new enterprise and retain their present clients. Every agent immediately is aware of extra about their clients’ enterprise and their insurance coverage wants with a couple of clicks.”

“Our purpose is to achieve as many brokers as shortly as attainable,” mentioned Mark Stender, president of FatBrain AI insurance coverage enterprise and 27-year veteran of insurance coverage know-how. “The Appulate partnership allows mass adoption by numerous brokers embedded right into a excessive quantity of ‘actual enterprise’ transactions accelerating the business insurance coverage software course of.”

“The Appulate relationship empowers multi-level enterprise insights throughout the seller-distributor-carrier/producer dynamics,” mentioned Peter B. Ritz, co-founder and CEO of FatBrain AI. “We’re excited to make your complete expertise extra personalised for sellers and their shoppers, whereas automating the augmented decision-making throughout your complete P&C insurance coverage provide chain.”

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