InsurTech Spotlight: Quandri Technologies

Quandri

Company: Quandri Technologies

Website: quandri.io

Business Category: A technology provider of InsurTech tools to insurance practitioners

Maturity Status: Startup (less than 3 years since product went into production)

Product or Service: Digital workers for insurance brokers & agencies

Area: Property & Casualty Insurance

Business description:

Digital workers for insurance brokers & agencies. Automating repetitive work so your people can focus on what’s important. We take repetitive processes at insurance brokerages & agencies and train a software robot, or digital worker, to do them for you.

What makes us an InsurTech:

We have built AI technology in order to automate many of the mundane, repetitive processes throughout insurance brokerages, in the form of software robots.

Major features & technology used:

  • Robotic Process Automation (RPA) is the navigation component of the robots, how you extract, move, and present data;
  • Optical Character Recognition (OCR), aka computer vision, enables us to extract information from documents (such as PDFs);
  • Machine Learning (ML) – we run the data through machine learning models in order to give us recommendations and predictions to display to customers.

About Quandri

Our Mission: To accelerate the adoption of software robots, so that anyone in the world can deploy a robot to do anything in under an hour. Join us in our mission to repurpose 1,000,000 hours to meaningful, human work.

Our Story: At a past company, there was a lot of repetitive work that was prone to errors, hard to staff and wasn’t completed reliably.

Looking for a solution, we ended up learning the technology to build our own software robots. We immediately saw how valuable this technology could be for other SMBs who had neither the expertise nor the desire to implement these themselves.

Quandri was founded to bring this technology to SMBs. Quickly after starting, we pivoted to serving the insurance brokerage market. Underserved by technology vendors and inundated with manual and repetitive work, brokerages don’t have the tools to make the changes they want. Quandri fixes that by partnering deeply with brokers and giving them the freedom to build their business on their terms.

For more information, please visit quandri.io.

Source: Quandri Technologies

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