How does iBynd simplify commercial insurance?
Two things make us different
We fixed common issues
Too much time, effort to get coverage
Outdated carrier technology
Costly system updates
Increasingly complex products
Producers not equipped to fill the void
Rate, quote, bynd in 5 minutes
Customized, state of the art, embedded platform
Quick and easy implementation and updates
Smart system matches risk to the right carrier
Business rules and producer dashboards built-in
We started with the carrier
At the center of our platform design is the drive for carrier, producer, and customer to all be happy with the rate, quote, bynd experience. With this in mind, we took a novel development approach.
Carrier system requirements and risk appetite are unalterable, and we must meet them. Each carrier has their own specific requirements. So we started here.
Collect and deliver needed data
Transmit specified data in multiple behind the scenes API calls in the order required
Identify and send risks they want
We shook things up on the producer side, deviating from the norm to optimize ease of use and speed. A unique experience is created for each quote based on the characteristics of the customer.
Carrier appetite and business rules built in to identify risk-carrier match
Streamlined questions and Automated Intelligence (AI) for a fast, easy experience
We created a new experience for commercial insurance customers.
Rate, quote, bynd that used to take days or weeks now takes minutes
Streams of endless inquiries replaced by relevant questions tailored to each specific customer
Firm billing and documents accessed instantly at point of sale
The result is a bespoke experience for each risk on a rate, quote, bynd platform that is optimized for ease of use, speed, and carrier demand and also customized around carrier API specifications.