DutyAdvisor provides an AssurTech platform that centralizes and automates the duty‑of‑advice workflow for insurance agents and brokers. The system guides client interviews, applies rule‑based compliance checks, and generates audit‑ready documentation while integrating CRM features to streamline follow‑ups and reduce manual data entry.
Funding
Funding not disclosed
Founders
Product
Problem
Insurance intermediaries such as agents and brokers must fulfill a regulatory duty of advice, which requires gathering client information, documenting decisions, and ensuring compliance. The process is often manual, fragmented across multiple tools, and consumes a large portion of staff time, reducing efficiency and increasing the risk of errors.
Solution
DutyAdvisor offers an AssurTech platform that centralizes and automates the duty‑of‑advice workflow for insurance intermediaries. The solution provides a clear, intuitive interface that guides users through client interviews, captures relevant data, and applies rule‑based logic to generate compliant advisory documentation. Integrated client‑relationship tools streamline follow‑up actions, track interactions, and maintain a complete audit trail. By reducing manual information retrieval and standardizing processes, the platform frees up time for advisors to focus on personalized client counseling while improving the quality and consistency of advisory meetings.
Target Audience
Primary users are insurance agents, general agents, and brokerage firms that need to manage client advisory sessions efficiently while meeting regulatory compliance standards.
Features
- Intuitive dashboard that structures the entire advisory process from client intake to final recommendation
- Rule‑based workflow engine that enforces regulatory requirements and suggests appropriate questions and coverage options
- Automated data retrieval and consolidation from existing client records to avoid duplicate entry
- Built‑in client‑relationship management (CRM) features for tracking follow‑ups, meeting notes, and communication history
- Real‑time compliance checks and audit‑ready documentation generation
- Customizable templates that reflect the specific products and policies of each insurance carrier