Rival Launches RPM, The First AI-Driven Insurance Intelligence Platform

Toronto, ON (July 2, 2024) — Rival Insurance Technology, a leader in insurance management systems and connectivity solutions, is excited to announce the launch of its latest innovation, the Rival Platform & Marketplace (RPM). This groundbreaking, AI-driven web application is set to transform the way Brokers and Managing General Agents (MGAs) operate, offering a completely reimagined user interface, intelligent business insights, and unmatched broker-to-MGA connectivity.

As the first of its kind, RPM introduces a new product category to the insurance technology space: the Insurance Intelligence Platform (IIP). RPM is an open, intelligent platform and marketplace, making it the first enterprise solution tailored for both consolidators and independent brokerages. With RPM, brokers of all sizes can harness the power of artificial intelligence, setting a new standard for the future of the industry.

Key Features:

  • Journal: Automatically populates relevant business insights from across the organization, providing actionable information to drive decision-making.
  • Insights & Connections: Generates valuable insights specific to the business from across the web and intelligently from the business data. Facilitates growth through connections made via the Store.
  • Store: Connects retail brokers and MGAs with products from Rival partners and third parties, fostering seamless partnerships and new business opportunities.
  • Apps: Stores and launches essential apps for workflows, ensuring everything that is needed is at the user’s fingertips. The user can launch their applications instantly from one place.
  • Responsive Design: Optimized for all devices, RPM provides a seamless user experience whether accessed on a desktop, tablet, or mobile device.

“The release of RPM marks a significant milestone in the evolution of insurance technology,” said Greg Purdy, CEO, Rival Insurance Technology. “Our platform addresses the pain points experienced by brokers of all sizes and propels the industry forward by introducing the Insurance Intelligence Platform category. RPM gives brokers and MGAs a competitive advantage to thrive in an increasingly competitive market, and we’re just getting started.”

“At Synex Insurance, we are impressed with Rival’s vision and direction with the Rival Platform & Marketplace,” said Jean-Sebastien Lariviere, President & CEO, Synex Insurance. “The fact that RPM works alongside existing systems makes it incredibly flexible and easy to integrate into our operations. As an open platform that works across all devices, RPM and Rival provide the adaptability and responsiveness we need to stay competitive and best serve our customers.”

Rival invites all brokers and MGAs to experience the future of insurance technology with RPM. For more information about RPM and to schedule a demo, please visit rivalit.com.

About Rival Insurance Technology

Rival Insurance Technology is a leading provider of solutions that improve the competitive position of our customers and business partners. Rival works collaboratively industry-wide to “Innovate Insurance Together” with a new generation of technology. For more information, visit rivalit.com.

Source: Rival Insurance Technology Inc.

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