Ignition to Innovation: Charting a New Course in Insurance Technology for 2024
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At BTIS, we set an annual visionary theme that not only defines our goals but also aligns with our mission to revolutionize the insurance industry. For 2024, “Ignition to Innovation” is our guiding principle, representing our dedication to advancing technology in the insurance sector, with a specific focus on empowering our brokers.
This year’s theme, “Ignition to Innovation,” is a bold declaration of our commitment to harnessing the power of insurance technology. It signals a transformative approach to how we equip our brokers, streamline our processes, and ultimately serve our clients.
Jeff Hohlbein, Co-President of BTIS, discusses the theme’s relevance: “Navigating the evolving landscape of the insurance market requires a strong technological foundation. ‘Ignition to Innovation’ represents our leap forward in insurance technology, equipping our brokers with the tools and systems to excel in service delivery.”
Parminder Saini, VP of Technology at BTIS, highlights the strategic focus: “Our journey in insurance technology innovation is about enhancing accessibility and efficiency. We’re dedicated to refining our platform to simplify the insurance process, creating a better experience for brokers and clients alike.”
Paul Hohlbein, Co-President of BTIS, adds: “The ‘Ignition to Innovation’ theme is a testament to the crucial role of insurance technology in improving broker-client interactions. By advancing our tech capabilities, we aim to make insurance more intuitive and accessible, enriching the brokerage experience.”
Key enhancements for this year include:
• Third Party Data Pre-fill for Efficient Brokerage: Implementing third-party data pre-fill will make the insurance application process faster and more efficient, reducing time and effort for brokers.
• Third Party Underwriting Assistance in Insurance Tech: Leveraging third-party underwriting assistance to boost classification accuracy enables our brokers to offer more precise and fitting insurance solutions.
• Acord and Carrier Declaration Page Uploads: To further streamline insurance processes, brokers can now easily upload Acord forms and carrier declaration pages, making the insurance workflow more efficient.
• Enhanced Self-Service Capabilities: Recognizing the importance of autonomy and efficiency, we’re rolling out improved self-service options. This allows brokers to manage a range of tasks and inquiries independently, ensuring faster and more personalized service.
• Spanish Translation of Key Materials: Expanding our reach to better serve a diverse clientele, we’re translating key materials into Spanish. This effort goes beyond technology, reflecting our commitment to inclusivity and accessibility in all aspects of our services.
"We’re dedicated to refining our platform to simplify the insurance process, creating a better experience for brokers and clients alike."
– Parminder Saini, VP of Technology of BTIS
As we embark on this journey of “Ignition to Innovation,” we invite you to join us. We believe in the power of collaboration, community, and continuous improvement. By staying connected, engaging with us, and providing feedback, you play a vital role in shaping the future of insurance technology. Together, we’re not just witnessing the evolution of the insurance industry; we’re actively participating in it.
Stay connected as we redefine the future of insurance technology, one innovative step at a time, always with our brokers at the forefront. Your insights, experiences, and engagement are invaluable as we continue to innovate and grow in this ever-changing industry.
Builders & Tradesmen’s Insurance Services Inc.
BTIS is committed to providing robust, individualized products and the highest level of service. Our easy-to-use commercial insurance platform, educational tools, and helpful underwriters make it simple for producers to diversify their books of business by expanding their product portfolios.
Part of the Amynta Group, BTIS is a nationwide insurance intermediary with a small-business attitude. We believe in building solid relationships through communication and a genuine concern for the success of our retail broker clients and the policyholders they serve.
For additional information, visit www.btisinc.com or call (877) 649-6682
