Recorder is a broker management system that automates client data capture and quote retrieval through direct API integrations with insurers, eliminating manual data entry. This technology streamlines the insurance broking process, enabling faster quotes and improved client retention while reducing administrative burdens.
Funding
Funding not disclosed
Founders
Product
Problem
Insurance brokers often face challenges with manual data entry, inefficient quote retrieval processes, and outdated systems, leading to administrative burdens and slower turnaround times. These inefficiencies can hinder their ability to focus on client relationships and drive business growth.
Solution
Recorder offers a broker management system designed to automate client data capture and quote retrieval through direct API integrations with insurers. The platform streamlines the insurance broking process by eliminating manual re-keying, enabling faster quote generation, and improving client retention. Recorder provides digital risk capture, data enrichment, and a client-facing portal to enhance the overall customer experience. The system integrates with existing CRM platforms and offers customizable insurer panels and question sets, allowing brokers to tailor the platform to their specific needs.
Target Audience
Recorder primarily targets insurance brokers seeking to modernize their operations, improve efficiency, and enhance client engagement through digital solutions.
Features
- Digital risk capture through white-labeled online applications for new clients and renewals
- Data enrichment for automatic trade identification
- Direct API integrations with insurers for instant quote and bind capabilities
- Customizable panel of insurers and question sets
- Client-facing portal with downloadable policy documents, mid-term adjustments, and claim initiation
- Automated lead scoring and business data enrichment
- AI-powered document scanning for data extraction from existing policies
- Integration with CRM platforms like Hubspot, Salesforce, and MS Dynamics