Company: QuickFacts
Website: www.quickfactsinc.com
Business Category: A technology provider of InsurTech tools to insurance practitioners
Maturity Status: Mature (more than 3 years since product went into production)
Product or Service: Insurance Underwriting Comparisons and Workflows
Area: Property & Casualty insurance
QuickFacts software compiles up-to-date carrier information for side-by-side comparisons. Advanced filtering and direct access to carrier manuals, forms, questionnaires, wordings, bulletins and more saves brokers significant time searching across portals and through documents. Additionally, brokers can create custom, detailed Workflows that optimize operations for every member of their team, from leadership to new hires. Our software reduces underwriter calls by 40%, saves brokers an average of 60 minutes of wasted time per day, and streamlines operations.
What makes us an InsurTech:
We have developed custom, cloud-based software that houses and displays insurance underwriting information specific to the contracts that brokers have, allowing them to easily compare appetite across carriers in tables. Additionally, our workflow add-on allows brokers to add their internal and BMS processes in a central location for their team to access and is fully configurable by the brokerage management team.
Major features & technology used:
Our software leverages Machine Learning for our search functionality. We also have created our own NLP algorithms that understand insurance underwriting information which feeds GenAI to support our content generation team in keeping the rapidly changing underwriting information updated.
News & Updates
See the latest QuickFacts news.
About QuickFacts
QuickFacts is a software company built by brokers for brokers. We built this company because we have been in your shoes and have experienced the frustrations that come with the traditional method of conducting underwriting comparisons, constantly checking on changing carrier information, and often having operational knowledge reside with just one person at a brokerage. Our mission is to eliminate as much operational wasted time as possible for brokers. For more information, please visit www.quickfactsinc.com.
Source: QuickFacts
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