Quandri

Quandri offers customized digital workers, or software bots, to automate mundane work for insurance brokerages. The bots are designed to cut costs dramatically while unburdening employees so they can spend more time on higher-leverage work.

Quandri's digital workers are trained to perform tasks like policy renewals, document management and data downloads, freeing up employees from tedious work and reducing the likelihood of human error. Automating these tasks means insurance brokerages can:

• Repurpose resources to higher-level work
• Reduce hiring needs as they scale
• Improve predictability and reliability
• Cut costs by as much as 15%

Quandri offers a range of digital workers for specific tasks, including:

• Renewal Reviewer: Compares policies before renewal to save time, improve retention and identify at-risk customers.
• eDoc Executive: Standardizes naming conventions for documents so the right ones are sent to customers.
• Download Director: Downloads files, matches policies and verifies producer commissions before the workday begins.

Real-world examples show the potential of Quandri's automation:

• Cornerstone Insurance repurposed 120 hours per month from eDoc naming processes.
• Mackay Insurance saved 200 hours per month from renewal reviews.
• Trustpoint Services repurposed 385 hours per month from various processes.
• Excalibur Insurance saved 160 hours per month from EDI and closing activities.

Quandri says the cost savings are real. A digital worker costs $12,000 per year to deploy, compared with $78,650 for a human worker in the first year. After the first year, the annual cost for a digital worker is $18,000, compared with $72,500 for a human worker.

With sophisticated automation and AI, Quandri is helping insurance brokerages optimize their operations, cut costs and better allocate resources. The integration process is fast, taking only weeks to get up and running with existing agencies and brokerages.

Check out their website to learn more and see how Quandri can help your team free up time and boost productivity.

Published on June 14, 2024