Insurtech startup launches AI solution for brokers
Brokit has launched a new artificial intelligence (AI) solution to tackle pain points associated with brokers rekeying information into portals.
The insurtech startup’s solution uses AI to automatically fill any insurers’ portal with one click, which it felt would increase efficiency and accuracy.
It said it had decided to launch the product after finding that rekeying was becoming a common challenge faced by brokers.
David Mark, founder and managing director of Brokit, said: “I realised that insurance brokers are underserved by the latest technology solutions, so I set about trying to change that.
”We’re currently on a mission to rid the world of time-consuming, boring repetitive tasks that involve copying, pasting and retyping data.”
Brokit
Brokit is backed by the UK Government via Innovate UK’s Smart grant.
It will be exhibiting at the upcoming Biba conference, which will go ahead from the 15-16 May.
Anik Islam, managing director of Premier Insurance Services said: “I congratulate David and the team on the launch of Brokit.
”Rekeying data into multiple insurer portals is a real issue for any broker as they have an obvious impact on efficiency. Brokit is a great example of AI technology solving real problems in the insurance market.”
