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Investing in AI like InstaQuote is a win-win. Our agents are thriving with increased efficiency and happier clients
Co-Founder
Leading Insurance Brokerage Company
Challenge
Agents facing slow, manual quote generation and policy management processes, leading to inefficiencies, errors, and frustrated clients
Client:
Leading Insurance Brokerage Company
Solution
The company implemented “InstaQuote,” an AI-powered assistant built on a large language model (LLM) trained on vast insurance data. InstaQuote empowers agents by:
- Effortless Policy Intake: Upload a policy document, and InstaQuote extracts key details instantly, eliminating data entry.
- Intelligent Guidance:InstaQuote prompts for missing information in a logical flow, adapting to agent inquiries and context.
- Knowledge at their Fingertips: Agents can ask InstaQuote any insurance-related question, leveraging its deep knowledge base and LLM-driven insights.
- Seamless Contextual Recall:InstaQuote remembers previous interactions, resuming tasks seamlessly after agent inquiries.
- Dynamic Quote Range: Based on the data collected and data analysis, InstaQuote presents a dynamic quote range tailored to specific client profiles and risks.
Results
- 50% reduction in quote turnaround time: Agents close deals faster, exceeding client expectations.
- 95% accuracy in policy data extraction: Eliminates manual errors and streamlines underwriting.
- 30% increase in agent productivity: Frees up time for complex sales and personalized service.
