Insurtech marks another first with platform that spots gaps in cover

Broker Insights Enhances Platform with AI Capabilities

Broker Insights, a UK-based insurtech, has launched an updated version of its VISION platform aimed at streamlining the way brokers approach commercial insurance placement. This latest version introduces AI and data insights to significantly enhance brokers' ability to identify coverage gaps in client policies.

New Features Focus on Key Coverage Areas

A key feature of the updated platform is its capability to pinpoint gaps specifically related to cybersecurity and management liability insurance. These areas are becoming increasingly important for businesses as they navigate evolving risks in today's digital landscape. The platform's integrated AI tools allow brokers to analyze their clients' existing coverage more effectively and offer tailored solutions.

Impact on Insurance Brokers

This enhancement is likely to resonate well with brokers who are looking for efficient ways to provide better service to their clients. By identifying potential vulnerability areas in coverage, brokers can take proactive steps to protect their clients' interests, which can ultimately lead to improved client satisfaction and retention.

Looking Ahead

As Broker Insights continues to innovate, the insurance industry may see a broader adoption of tech-driven solutions designed to improve risk management practices for businesses. This trend reflects a growing recognition of the importance of technology in enhancing traditional insurance processes.

Overall, the latest update from Broker Insights represents a step forward in using technology to help brokers better serve their clients in a complex insurance landscape.

Original Source: https://www.mercia.co.uk/insurtech-marks-another-first-with-platform-to-help-brokers-spot-gaps-in-cover/