Posts by Julie Rachlin

The Predictive-AI and Application Data Prefill Suite Fenris delivers the data and insight from a lead to a sale that optimizes every insurance quote and bind journey. Predictive-AI Insurance quoting is a highly data-driven exercise. Getting the information right is crucial for presenting an accurate, bindable quote for purchase. Each client’s algorithm is installed in…

Accuracy of data → bindable quote → policy sale Let’s discuss “Rate Shock” and the importance of getting quotes accurately the first time. A customer who spends 10 minutes completing a quote questionnaire will receive an indicative quote (rate call 1). If the price is right, the customer moves forward to purchase. At that moment,…

By Jen Linton When our founding team launched Elephant Auto Insurance in 2009, we aggressively aimed to sell the first policy within the first 18 months. Setting up a carrier is more time-consuming than setting up an MGA or agency due to the regulatory hurdles, need for reserves, and filing and approval of rates. But…

Insurance quoting is a highly data-driven exercise. Getting the information right is crucial for presenting an accurate, bindable quote for purchase. Our clients are achieving these benefits by using Fenris Auto Insurance Enhanced Prefill, designed to help agencies: Save time Increase their completion rates Maximize sales Save Time Most insurance is sold by and through…

Leading InsurTechs Mylo and Fenris Digital are helping transform the insurance industry using a customer-centric approach to redefine how policies are crafted and delivered, ensuring a future where insurance is more accessible, personalized, and responsive to individual needs.

How Fenris Digital is Transforming InsurTech with Accessible, Impactful AI At InsurTech NY 2023, Fenris Digital CTO Jay Bourland delivered a thought-provoking talk on how machine learning and AI are reshaping the insurance industry. (See the video at the end of this post.) Through an engaging story and practical examples, Bourland highlighted Fenris’ unique approach.…

Navigating the complexities of auto insurance quoting can be challenging for agencies, especially when it comes to accurately assessing risk and providing competitive quotes. Inaccurate Auto Insurance Quotes Lead to Unhappy Customers and Lower Profitability In the competitive landscape of auto insurance, accurate data and actionable insights are crucial for success. However, inaccurate quoting from…

Real-time Data and Insight is Changing How Commercial Insurance Risk is Identified and Quoted In the complex world of commercial insurance, agents and brokers often grapple with the daunting task of accurately gathering application data. The average time to close a commercial insurance deal can be up to 12 weeks, with agents going back and…