Mercia Asset Management : Insurtech marks another first with platform that spots gaps in cover

Broker Insights Launches New Feature to Enhance Insurance Coverage

Broker Insights, a UK-based insurtech, recently announced the release of a new platform feature designed to help insurance brokers identify gaps in commercial insurance coverage. This innovation aims to streamline the process for brokers when placing policies, ultimately enhancing overall client protection.

What’s New?

The latest version of the Broker Insights platform introduces a tool that analyzes existing client coverage and highlights areas that may be underinsured or lacking entirely. This feature is intended to assist brokers in making more informed recommendations to their clients, increasing the likelihood of comprehensive insurance solutions.

Who’s Involved?

Broker Insights, known for its innovative approach to commercial insurance, continues to focus on improving the tools available to brokers. This latest development is part of their mission to reshape how insurance is brokered, making the process more efficient and user-friendly.

Impact on the Industry

This new tool could significantly impact brokers and their clients by fostering better communication around coverage needs. As the insurance landscape becomes increasingly complex, having a platform that simplifies the identification of coverage gaps may lead to improved client trust and satisfaction. Brokers using this tool may find it easier to secure policies that meet their clients' actual risks, potentially leading to better long-term outcomes.

Overall, Broker Insights' latest feature represents a continued commitment to innovation within the commercial insurance sector, helping brokers navigate the intricacies of policy coverage more effectively.

Original Source: https://www.marketscreener.com/news/mercia-asset-management-insurtech-marks-another-first-with-platform-that-spots-gaps-in-cover-ce7e5bd9da8ef62d